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Bank of America Climate Risk Data & Platform, Data & Product Owner in Chicago, Illinois

Climate Risk Data & Platform, Data & Product Owner

Charlotte, North Carolina;Jersey City, New Jersey; Chicago, Illinois

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:

Manage a group or process(potentially global). Work with business data users to define the use of data within risk systems. Recommend remediation of control gaps and implements effective risk controls of our data processes and systems. Participate in and lead user acceptance testing of data control processes. Understand existing risk systems, data flows, and infrastructure to identify gaps between business usage of data and current implementations. Recommend alternate data sources and processes to improve the control environment. Lead cross functional strategic efforts to remediate data quality issues. Proactively monitor and remediate incoming data used in risk measurement and reporting. Ensure the completeness, validity, and accuracy of data on a daily basis. Work with other groups as needed, including Middle Office, Sales and Trading, Technology, Compliance, Operational Risk, and Enterprise Capital Management to ensure effective controls over data for GMRM.

Job Description Summary:

The Data and Product Owner for Climate Risk will play a pivotal role in the GRA organization, leading the charge in developing and managing data-driven products and workflow solutions that assess and mitigate climate-related risks. This position calls for an individual with a strong background in data and product management, combined with a deep understanding of climate change and the impact across all risk categories including credit, market, liquidity, strategic, operational, reputational and compliance. The ideal candidate will be responsible for bridging the gap between technical data analysis and strategic product development, ensuring our products effectively support the identification, measurement, monitoring and control of climate-related risks, challenges, and opportunities.

In this role, you will:

•Develop and manage innovative data products focused on climate risk assessment and mitigation.

•Collaborate with cross-functional teams including business stakeholders, data scientists and engineers to define product vision and strategy.

•Oversee the entire data and product lifecycle, from ideation through development, launch, and continuous improvement.

•Utilize a deep understanding of climate science to inform data/product development and ensure accuracy and relevance.

•Analyze complex datasets to be leveraged in climate models for risk identification, measurement, monitoring and control.

Responsibilities:

•Lead the development and implementation of data-driven climate risk products.

•Ensure products meet high standards of quality, usability, and reliability.

•Conduct market analysis to identify new opportunities and stakeholder needs.

•Facilitate communication between technical teams and business stakeholders.

•Define and track key performance indicators for product success.

•Stay abreast of the latest developments in climate science and data technology.

Skills:

  • Critical Thinking

  • Data Governance

  • Negotiation

  • Risk Management

  • Stakeholder Management

  • Attention to Detail

  • Change Management

  • Issue Management

  • Presentation Skills

  • Regulatory Relations

  • Business Acumen

  • Continuous Improvement

  • Controls Management

  • Data Management

  • Performance Management

Required Skills:

•8+ years of experience in data/product management.

•Strong understanding of climate science and risk analysis.

•Proven track record in developing and managing data-driven products.

•Excellent analytical and problem-solving skills.

•Strong communication abilities.

•Ability to work effectively in a dynamic, cross-functional environment.

This role is an opportunity to make a significant impact in a vital and growing field, leveraging your experience to help the organization navigate the complexities of climate risk

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

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Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

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