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Bank of America Senior Product Portfolio Lead (Manager) – Identity and Access Management (IAM) in Chicago, Illinois

Senior Product Portfolio Lead (Manager) – Identity and Access Management (IAM)

Denver, Colorado;Washington, District of Columbia; 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!

Position Summary

At Bank of America, we are not just guarding against threats – we are pioneering the future of cybersecurity. We are on the hunt for a Senior Product Portfolio Lead for Identity and Access Management (IAM); a critical role in the design and implementation of our Enterprise IAM platform serving 200,000+ employees. If you have a passion for IAM, deep understanding of its principles, and extensive experience with IAM technologies, you can make a great impact in this role.

The Product Portfolio Lead is a member of the Cyber Security Product Management team, which is responsible for working across Global Information Security (GIS) to deliver cutting-edge technology that enables our ability to protect the Enterprise and our customers from evolving threats.

Primary Responsibilities:

  • Lead the IAM Product team and drive product strategy for all IAM capabilities across the Enterprise and across environments (on-prem and cloud): identity & access enforcement (IAE), identity governance & administration (IGA), privileged access management (PAM), and identity defense and monitoring (IDM).

  • Drive the evolution, unification, and enhancements of IAM ecosystem, informed by threats, risk, industry research, insights from stakeholders and users, ensuring a seamless and secure user experience while aligning with organizational goals and regulatory compliance.

  • Implement cloud-native Identity and Entitlement, and secrets management automated controls.

  • Build strong relationships with all levels of the organization, external stakeholders, and partners to accomplish the mission.

  • Collaborate with business and technology stakeholders to shape a comprehensive, long-term IAM strategy, blueprints, and roadmaps.

  • Oversee initiative planning for the IAM portfolio, including the creation of business cases, architectural designs, and resource planning.

  • Work with Product Owners to connect the strategy to deliverables, epics, and stories.

  • Support a multi-year transition from Waterfall and Agile Scrum teams to value streams.

  • Manage IAM third parties: relationships, engagements, contracts, financials, metrics, exit strategies

  • Mentors and provides guidance to team members to foster a collaborative and knowledgeable environment.

Qualifications:

  • 7+ years of experience at an Enterprise level for IAM, Product Management and/or related field

  • Strong understanding of IAM concepts, frameworks, and technologies

  • Experience working in agile methodologies and product management matched by a track record of driving successful transformation.

  • Exceptional interpersonal skills and a collaborative spirit that enables you to work effectively with stakeholders at all levels, and communicate product vision, strategy, progress and gather feedback to drive capability improvements.

  • You excel at strategic planning and execution, with a talent for turning complex challenges into actionable solutions.

  • Strong analytical skills with high attention to detail and accuracy with the ability to use data to communicate change.

How:

  • Planful: Thoughtfully setting, proactively managing, and predictably achieving commitments through strategy, process, communication, and delivery.

  • Ownership: Acceptance of full responsibility for delivery outcome – “buck stops here” mentality. And collaboratively addressing problems as they arise.

  • Connected: Clear orientation and understanding of where you, your team, your work/priorities join with others in a common goal.

  • Consistency: Drive toward and adoption of logical, efficient, and sustainable processes and tools to achieve predictable results.

  • Accuracy: Achieving business value (as agreed with key stakeholders and control partners) within defined tolerance across measurable parameters (scope, schedule, cost).

Enterprise Role Overview:

Responsible for maximizing the value for one or more products, at the program level in a scaled Agile model. Defines the vision and roadmap for the program, defining and prioritizing the features/epics in the program backlog, and articulating this to both stakeholders and development teams. Works closely with stakeholders to understand their needs, and with Products Owners to ensure they are aligned on priorities. They support and collaborate with the Product Portfolio Executive on financials throughout delivery. Is an expert of the products, business or technology domain, and the industry in which the product competes. This role can be part of the business/LOB (recommended) or in technology. As an expert, creates the vision and roadmap for the program based on customer requirements, industry trends, regulations, and the strategic direction for the business or technology domain. Communicates the program vision and roadmap to stakeholders, Product Owners and the teams. Oversees the budget(s) for one or more products. Provides input into defining business capabilities and aligning them to products or creating new products to support them. Articulates the business value to Product Owners so they understand product and strategy; Ensures alignment across product roadmap to achieve portfolio objectives. Creates and prioritizes features/epics in the program backlog; empowered to make decisions about trade-offs with emerging work versus planned work. Refines features/epics with the Product Owners to ensure there is enough ready work for the upcoming 1-2 quarters. Reviews and accepts features/epics and is empowered to make on-the-spot decisions on scope and requirements. Works in partnership with the Product Owners and the teams to ensure that optimum value is obtained through technology and through an advanced understanding of the business and industry trends. Participates and attends relevant industry events to bring points of view and trends to the Bank. May lead a Community of Practice and participate in the Center of Excellence. May manage a team.

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - CO - Denver - 1144 15th St - Denver Gis (CO9926), US - DC - Washington - 1800 K St NW - 1800 K Street NW (DC1842)

Pay and benefits information

Pay range

$115,800.00 - $215,000.00 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.

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.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

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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