Bank of America is committed to helping make financial lives better through technology solutions. The Technology Executive will be responsible for building and leading an organization to deliver technology products and services that meet strategic business outcomes, including managing financial and resource plans, advocating for organizational agility, and mentoring engineering teams.
Responsibilities:
- Own the end‑to‑end technology strategy and delivery for high‑value, low value payments and internal book transfers
- Lead modernization to cloud, containerization, reducing dependency on 3rd party vendor products and building a engineering organization in-house
- Lead modernization and scalability of DDA (Demand Deposit Account) platforms, ensuring high availability, resiliency, and regulatory compliance
- Strong understanding of cross border payments, clearing schemes and swift framework
- Drive payment processing resiliency, latency reduction, straight‑through processing (STP), and exception management
- Drive real time payments and help build stateless payment services catalog
- Enhance billing and pricing platforms
- Drive Test automation and reduce manual testing in SDLC
- Ensure payments platforms meet regulatory, audit, and compliance requirements (e.g., BSA/AML, OFAC, operational risk, resiliency standards)
- Mentor and build a strong engineering team that is centered around client experience
- Manages relationships with business and technology executives/sponsors and vendors for technical products and understands the work deliverables and performance of the Technology Management team by following outcomes from business and client feedback
- Creates an inclusive and healthy working environment and helps to resolve organizational impediments/blockers by sponsoring opportunities that improve processes, staying close to teams and their experiences, and identifying new opportunities to enhance efficiency and gain a competitive advantage
- Conducts portfolio level resourcing and financial management activities, establishes target outcomes through objectives and key results, tracks strategic technology outcomes aligned to the portfolio strategy, and promotes the organization and its resources to achieve them
- Facilitates performance and career development of teams through performance reviews, coaching, and creating development plans that are needed to build competencies and skills
- Establishes a culture of risk and compliance management, ensuring the organization is compliant with all applicable policies and standards
- Ensures that execution is aligned with Portfolio strategy by working with Portfolio Product Executives and other value stream stakeholders
- Manages procurement, vendor evaluations, and negotiating vendor contracts for technical products and services for the organization
- This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above
- Opportunity & Inclusion Champion: Breaks down barriers to create a more inclusive environment that supports company Great Place to Work goals
- Manager of Process & Data: Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations
- Enterprise Advocate & Communicator: Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success
- Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization
- People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance
- Financial Steward: Efficiently allocates and manages resources across the organization to drive short and long term profitability
- Enterprise Talent Leader: Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs
- Driver of Business Outcomes: Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage