Portfolio Optimization Lead - Cybersecurity Technology

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

The Cybersecurity Technology Portfolio Optimization Lead executes workforce and financial analysis and reporting for Global information Security technology project spend, including vendor contracts and associated headcount tracking, ensuring accuracy in forecasting and alignment to enterprise financial controls. Collaborates with product managers, finance, and project stakeholders to provide informed decision-making through financial reporting, accrual processes, and trend monitoring.

Responsibilities

• Responsible for end-to-end financial reporting of GIS Technology Project Spend, with a specific focus on strategic products and contract obligations and correlated headcount decisions.
• Monthly updates on project and vendor spend to Cybersecurity Tech Exec and Senior Leadership Team.
• Indirect support for product managers and GIS Line Of Business as they navigate the economic and financial impact of their product decisions.
• Ad hoc financial modeling of prospective contractual obligations.
• Primary liaison to central financial and COO organizations for representation of total cost.
• Direct support of GIS Annual Transformation Budget of ~$110MM. Monthly consult with project and product managers to ensure initiative budget is accurately reflected and reported.
• Requires strong knowledge of accrual accounting and various bank payment mechanisms.
• Will frequently interface with GIS LOB, GIS Finance, GIS Economics, Product Managers, Project Managers and Vendors.
• Manage and report on financial and headcount trends across project execution and delivery.
• Partner across product owners to determine. 

Required Qualifications

• 8+ years of experience in one or a combination of finance, product management, business operations, workforce/headcount or strategic planning.
• Ability to create ad hoc financial reports
• Strong analytical skills with high attention to detail and accuracy
• Strong business-centric mindset with the ability to utilize sound business judgement and tailor approach to drive optimal business outcome
• Ability to develop partnerships and collaborate with other business and functional areas
• Experience communicating and presenting complex information to multiple levels of the organization
• Ability to communicate complex information in simple terms (oral and written)

Skills:

• Collaboration
• Project Management
• Result Orientation
• Solution Delivery Process
• Stakeholder Management
• Analytical Thinking
• Business Acumen
• Financial Management
• Influence
• Risk Management
• Agile Practices
• Architecture
• Data Management
• Solution Design
• Technical Strategy Development

This job will be open and accepting applications for a minimum of seven days from the date it was posted.

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), US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)

Pay and benefits information

Pay range$78,200.00 - $157,800.00 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.