• Job Description

  Req#: 24047507

  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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

  Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

  At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

  Job Description:

  This job is responsible for consulting on corporate business continuity topics with clients. Key responsibilities include recommending and implementing solutions that protect the bank's assets and participating or leading business continuity initiatives and ongoing process activities (i.e., scenario analysis, plan development, testing, event management, and progress reporting/measurement).Job expectations include providing subject matter consulting support in audit and regulatory matters as needed.

  Responsibilities:

  • Conducts current-state risk-based assessments to develop business continuity management strategies and monitors the effectiveness following the implementation of the plan
  • Evaluates the performance of plans, processes, and programs at assigned organizational level, while assessing progress towards identified objectives
  • Implements, monitors, and modifies procedures for the effective response to incidents and the continuance of critical business services, based on testing and exercises of plans or actual events
  • Supports testing of business continuity plans to assess readiness, identify deficiencies, and promote enhancements
  • Identifies, validates, and escalates gaps in business continuity readiness to senior management and second line partners
  • The Group Business Recovery Coordinator (GBRC) is an individual contributor within the Global Operations (GO) organization .
  • This role is responsible for supporting the end-to-end Business Recovery Planning and Testing processes and driving overall operational resiliency for a portfolio of business functions within Global Operations.

  • This person will work closely with function teams and the function owner to complete deliverables and collaborate with other GO GBRCs to ensure deliverable consistency and quality
  • This person will directly update deliverables in the business continuity systems of record, including Continuity Planning Tool (CPT) and Third Party Exit Strategy (TPES) planning tool
  • interact with senior leaders and engage/influence business partners across the defined portfolio

  • Business Impact Analysis (BIA) – functional risk assessment to determine the function’s Recovery Time Objective (RTO). Also includes identification of the function’s application, 3rd party, and other function dependencies
  • Business Recovery Plan (BRP) – recovery strategies and tasks for recovery of the function; includes recovery for physical location disruption, dependency disruption, and employee unavailability (e.g., pandemic)
  • Business Recovery Function-Location Testing – the GBRC will write test scripts and expected results and oversee test execution by function teams
  • 3rd Party Disruption Workaround Plans – detailed workaround plans for 3rd party (e.g., vendor) short term disruption.
  • 3rd Party Exit Strategy Plans – detailed exit plans for 3rd party permanent disruption.
  • The GBRC will have opportunities to participate in or run projects from time-to-time based on aavailability, project topic knowledge, and career interests.

  Required Skills

  • Ability to work independently with a bias for action
  • Capability to learn fast and demonstrate critical thinking
  • Strong communication skills, both verbal and written
  • Comfortable guiding the business through key business continuity deliverables and confidence to influence the development of robust, executable business recovery strategies
  • Ability to build strong relationships with business function owners and become trusted advisor on resiliency and business continuity topics
  • Proficient with Microsoft Office suite of applications including Word, Excel, PowerPoint

  Desired Skills:

  • Working knowledge of Global Operations (GO) environment and processes
  • Experience with resiliency and business continuity key concepts, including internal standards and tools (Continuity Planning Tool – CPT, Third Party Exit Strategy – TPES tool)
  • Certified Business Continuity Professional (CBCP)

  Skills:

  • Active Listening
  • Adaptability
  • Attention to Detail
  • Critical Thinking
  • Data Collection and Entry
  • Collaboration
  • Continuous Improvement
  • Issue Management
  • Record Keeping
  • Written Communications
  • Business Continuity Management
  • Data Management
  • Data and Trend Analysis
  • Policies, Procedures, and Guidelines Management
  • Process Simplification

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

  Pay Transparency details

  US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)

  Pay and benefits information

  Pay range

  $71,200.00 - $100,700.00 annualized salary, offers to be determined based on experience, education and skill set.

  Discretionary incentive eligible

  This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

  Benefits

  This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

• About the company

  Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

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