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Data Manager
Bank of America Chicago, IL
$113k-151k (estimate)
Full Time | Banking 1 Week Ago
Save

Bank of America is Hiring a Data Manager Near Chicago, IL

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:
This job is responsible for driving accurate, complete, and timely delivery of data. Key responsibilities include working with business stakeholders and technology teams to direct commercial banking data management activities and ensure availability for use by appropriate consumers. Job expectations include managing execution within the enterprise data management standards, data quality, and control practices.

The Data Manager will be part of the ECATS Data Management & Governance team which is responsible for managing adoption of and adherence to data management polices and standards, active engagement / support of internal / external regulatory and audit exams and issues, governance of data incidents, execution of Data Quality and Data Testing programs and defining and driving a data strategy. The team has responsibilities related to the governance of credit data; communicating and coordinating the impacts of enterprise data priorities; and monitoring the health of Global Banking data.

This position requires close working relationships with the ECATS leadership team, Front Line Business Units, Technology support partners, other business Data Management teams, Global Banking Operations/Credit Process teams, Enterprise Data Strategy and Governance, Global Compliance Risk, Audit, etc.

Responsibilities:
• Works with Line of Business partners, including Compliance, Audit, and Risk to understand needs and produce data solutions, often in partnership with Technology 
• Identifies gaps in data management standards adherence and works with appropriate partners to develop plans for resolution, including recommendations so that relevant risk and compliance policies and standards are met
• Analyzes emerging needs for data to address risk, regulatory, or business enablement priorities and appropriately plans for interim and target state solutions within data management policies
• Monitors key performance indicators and internal controls in accordance with established thresholds, standards, and policies

• Evolving, maintaining and driving the data strategy

• Governing execution and progress against the data strategy

• Participating in the annual funding process

• Serving as the team COO including ensuring key reporting, documentation and governance occurs as required

• Preparing audit and regulatory-ready materials

Skills:
• Data Modeling
• Data Quality Management
• Reporting
• Data Management
• Product Management
• Data Governance
• Project Management

Required Qualifications:

•5 years experience in Data Management

•Strong project management/process design skills
•Highly motivated, proactive and a self-starter; strong sense of ownership & ability to create and execute plans without daily oversight
•Ability to work across multiple teams and manage multiple priorities 
•Hands-on, applied experience with Enterprise Data Management Policy/Standards
•Highly organized; able to effectively prioritize and balance multiple efforts in a fast-paced, regulatory driven environment; detail oriented
•Excellent verbal and written communication skills; ability to simplify and summarize complex topics. Comfortable leading presentations.
•Ability to lead and influence stakeholders across multiple levels and organizations.
•Ability to enforce difficult policy decisions, even when uncomfortable.
•Strong Microsoft Office Suite (Excel, Powerpoint)

Desired Qualifications:

• Knowledge of credit products and processes.
• Ability to decompose complex issues and drive timely decisions, knowing when to engage others for additional input, and when to act independently

Minimum Education Requirement: Bachelor’s degree in related field

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$113k-151k (estimate)

POST DATE

05/11/2024

EXPIRATION DATE

07/09/2024

WEBSITE

bankofamerica.com

HEADQUARTERS

FARMINGTON, NM

SIZE

>50,000

FOUNDED

1968

CEO

LINDA BOYCE

REVENUE

>$50B

INDUSTRY

Banking

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About Bank of America

Bank America is an insurance company based out of P.O. BOX 15292, Richmond, Virginia, United States.

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The job skills required for Data Manager include Microsoft Office, PowerPoint, Data Management, Written Communication, Data Quality, Leadership, etc. Having related job skills and expertise will give you an advantage when applying to be a Data Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Data Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Data Manager positions, which can be used as a reference in future career path planning. As a Data Manager, it can be promoted into senior positions as a Data Management Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Data Manager. You can explore the career advancement for a Data Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Data Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Data Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Data Manager job description and responsibilities

The manager also makes sure that every employee of the organization knows and understands to a reasonable extent how to make use of the data collected.

04/11/2022: Newport News, VA

The manager must ensure at all times to upgrade already existing systems/methods of data analysis and management.

02/05/2022: Lompoc, CA

Data Managers also monitor an organization’s data systems to ensure that they are organized, secure, and accessible.

04/02/2022: Omaha, NE

A data manager develops and governs data-oriented systems designed to meet the needs of an organization or research team.

04/18/2022: South Bend, IN

A data manager must be familiar with mainframe computers and hard disk arrays and have a logical, analytical mind with good problem-solving skills.

01/23/2022: Des Moines, IA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Data Manager jobs

Develops procedures for documentation and data storage.

02/28/2022: Scranton, PA

Creating procedures to ensure data accuracy and accessibility.

03/24/2022: Terre Haute, IN

Strengthen communication abilities.

01/20/2022: Bakersfield, CA

A data manager should have excellent communication and analytical skills.

01/22/2022: Portsmouth, OH

Performs or manages data analysis for studies, projects and reports.

02/07/2022: Schenectady, NY

Step 3: View the best colleges and universities for Data Manager.

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