Alternative Investments Business Governance Associate
Company: Disability Solutions
Location: New York
Posted on: October 23, 2024
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Job Description:
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 DescriptionThis job is responsible for
assisting with market research and competitor analysis to help
inform product pricing and enhancements to product offerings. Key
responsibilities include performing routine research, coordination
and maintenance of required routines and governance documentation,
and supporting the execution of product management processes and
plans. Job expectations include conducting detailed and thorough
research and analysis, ensuring all administrative routines and
documentation support product management efforts as defined by
Senior Product Specialists.Responsibilities:The Alternative
Investments ("AI") and Personal Retirement Solutions ("PRS") groups
at Bank of America offers distinctive capabilities focused on
sourcing and delivering differentiated complex investment
strategies to clients: Private Equity, Hedge Funds, Annuities,
Insurance, and Education savings (529) products.AI and PRS
Oversight Team is responsible for fostering a best in class
operating and risk management culture across the AI and PRS
organizations. The team collaborates with all the groups across the
AI and PRS organizations to understand the different products and
processes in order to ensure consistent operations, controls and
governance.The team is looking for a highly motivated individual to
participate of key initiatives and support business oversight risk
routines across the AI, PRS, and Investment Solutions Group ("ISG")
organizations. This position will report directly to the Head of
Business Oversight for AI and PRS. Supports Senior Product
Specialists with comprehensive research to inform future
strategies, including opportunities for product enhancements or
product pricing--- Owns coordination of all required and supporting
routines, documentation and processes related to management of
offering or product--- Supports research and delivery of
information on product trends to sales and marketing teams
leveraging knowledge of product functionality, marketplace trends,
and the competitive landscape--- Assists with the maintenance of
product financials, including managing the investment profile and
profit and loss (P&L) activities, such as revenue and profit
margins--- Identifies opportunities to streamline processes and
governance documentationResponsibilities will include:---
Participating initiatives designed to enhance controls and
governance and oversee their implementation--- Supporting
governance committees, counsels, forums, and working groups---
Working collaboratively with business units and other control
groups on key organizational projects--- Updating and Maintaining
policies and procedures--- Performing business oversight processes
for AI, PRS, and the Investment Solutions GroupRequired
Qualifications:--- Strong organizational skills; ability to work
independently and manage to aggressive deadlines--- Ability to
multi-task, managing various tasks and deliverables with
simultaneous deadlines--- Ability to build effective
relationships--- Flexibility and quick adaptation to changing
priorities, methodologies, processes and systems--- Proficient in
Microsoft Office (Intermediate Excel (Vlookup, Pivot tables,
charts, etc.), PowerPoint-Bachelor's degree or minimum of one year
of relevant experienceDesired Qualifications:Background in
corporate governance, alternative investments, or retirement
products is a plus but not required1-2+ years financial services or
related field experienceSkills:
Keywords: Disability Solutions, Westport , Alternative Investments Business Governance Associate, Other , New York, Connecticut
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