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- Tasks: Lead strategic initiatives and manage cross-team collaborations to drive business growth.
- Company: Join Bank of America, a leader in financial services committed to making lives better.
- Benefits: Enjoy competitive pay, flexible work options, and industry-leading benefits.
- Why this job: Make an impact while developing your career in a supportive and inclusive environment.
- Qualifications: 5+ years of experience in strategy and project management; Bachelor's degree preferred.
- Other info: Opportunities for professional growth and a chance to work with innovative teams.
The predicted salary is between 80000 - 120000 £ per year.
Business Strategy & Intelligence Manager – Workplace Benefits page is loaded
Business Strategy & Intelligence Manager – Workplace Benefits
Apply locations Pennington New York Boston Charlotte Jacksonville time type Full time posted on Posted Yesterday job requisition id 25022209
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 an 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.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
Manages the execution of cross-Consumer & Small Business strategy formulation, initiatives, and insights. Supports Line of Business partners in driving strategy and integrating delivery to ensure growth objectives are achieved. Drives decision, process changes and investments, based on complex market insights and business strategy.
May manage and develop junior associates in an inclusive environment.
Responsibilities:
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Develops and maintains ongoing 5-year plan of forward-thinking strategic opportunities and direction of the team
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Oversight of all strategic initiatives across Participant Experience for execution and deployment (funded/in-motion); maintains strategic dashboard
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Management of execution of programs across the team
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Manages strategic initiatives across Participant Experience to ensure alignment to short- and long-term goals; ensures connection and alignment to Business Acceleration and other LOBs strategic priorities
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Collaborates with teams to build, develop and maintain business enablement tools, QRG, toolkits and dashboards
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Manages broad operational issues across Participant Experience including oversight of existing processes and procedures, control functions and control partner routines, issue management
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Responsible for of overall process flow across teams. Manages ongoing SPI/risk enhancements, tech needs, process maps, training material/content, and provides executive updates, as needed.
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Reporting liaison and owner: partners with leaders across organization to prioritize reporting needs, and build dashboards/reports with Business acceleration team
Skills:
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Collaboration
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Executive Presence
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Presentation Skills
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Problem Solving
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Decision Making
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Continuous Improvement
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Business Acumen
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Strategic Thinking
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Influence
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Innovative Thinking
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Planning
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Organizational Effectiveness
Qualifications:
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5+ years’ overall professional experience; relevant experience in the MLWM, CI and/or Retirement business strongly preferred.
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Prior experience implementing strategic projects, change initiatives and business case/requirement development/analysis.
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Capability to develop and manage strong relationships with the business segments, GCOR and Control Partners, ensuring partnership on all deliverables.
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Ability to manage multiple, concurrent projects and tasks with overlapping deliverable dates.
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Ability to work independently and in a team environment.
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Ability to adapt to a changing environment.
Desired:
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Bachelor’s degree strongly preferred
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Knowledge of retirement space and products solutions (e.g., Defined Contribution, Equity, Individual Plans Retirement Accounts, Non-Qualified Defined Contribution, Defined Benefit, Employee Stock Purchase Plans, Health Benefit Solutions)
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Advanced Excel and PowerPoint proficiency – ability to create and deliver executive level presentations
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
For internal employees; participation in a work from home posture does not make you ineligible to post
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US – NJ – Pennington – 1400 American Blvd – Princeton Place At Hopewell Bldg. 4 (NJ2140), US – NY – New York – ONE BRYANT PARK – BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$103,600.00 – $175,200.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.
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Business Strategy & Intelligence Manager - Workplace Benefits employer: Bank of America
Contact Detail:
Bank of America Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Strategy & Intelligence Manager - Workplace Benefits
✨Tip Number 1
Familiarise yourself with Bank of America's core values and mission. Understanding their commitment to Responsible Growth and inclusivity will help you align your responses during interviews, showcasing how your personal values resonate with theirs.
✨Tip Number 2
Network with current or former employees in similar roles. Engaging with them can provide insights into the company culture and expectations, which can be invaluable when preparing for interviews or discussions.
✨Tip Number 3
Stay updated on industry trends related to workplace benefits and financial services. Being knowledgeable about recent developments will not only impress interviewers but also demonstrate your proactive approach to strategic thinking.
✨Tip Number 4
Prepare to discuss specific examples of your past experiences in managing strategic initiatives. Highlighting your problem-solving skills and ability to drive change will be crucial in demonstrating your fit for the role.
We think you need these skills to ace Business Strategy & Intelligence Manager - Workplace Benefits
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business strategy and intelligence. Focus on your achievements in managing strategic projects and your ability to drive decision-making based on market insights.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and how your skills align with the responsibilities outlined in the job description. Mention specific examples of your collaboration and problem-solving abilities.
Highlight Relevant Skills: Emphasise skills such as strategic thinking, executive presence, and innovative thinking. Use concrete examples to demonstrate how you've applied these skills in previous roles.
Showcase Your Knowledge: If you have knowledge of retirement products or experience in the financial sector, make sure to include this in your application. It shows that you understand the industry and can contribute effectively from day one.
How to prepare for a job interview at Bank of America
✨Understand the Role and Responsibilities
Before the interview, make sure you thoroughly understand the job description. Familiarise yourself with the key responsibilities such as managing strategic initiatives and collaborating with teams. This will help you articulate how your experience aligns with their needs.
✨Showcase Your Strategic Thinking
As a Business Strategy & Intelligence Manager, you'll need to demonstrate strong strategic thinking skills. Prepare examples from your past experiences where you've successfully developed and executed strategies that led to measurable outcomes.
✨Prepare for Behavioural Questions
Expect questions that assess your problem-solving abilities and decision-making processes. Use the STAR method (Situation, Task, Action, Result) to structure your responses, highlighting your ability to manage multiple projects and adapt to changing environments.
✨Demonstrate Collaboration and Influence
This role requires collaboration across various teams. Be ready to discuss how you've built relationships and influenced stakeholders in previous roles. Highlight specific instances where your collaborative efforts led to successful project outcomes.
