Testing Manager IC
Company: Bank of America
Location: Charlotte
Posted on: May 3, 2025
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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 a diverse and 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:The Test Manager is accountable for a testing
portfolio and oversees all aspects of the testing life cycle
including test development, test execution, and results
aggregation/dissemination. The Test Manager collaborates with
process owners in the Front-Line Units and Control Functions
(FLUs/CFs) to understand their processes, identify risks to
successful execution, and prioritize/plan for the development of
methodologies (e.g., models, analytical tools, and testing scripts)
used to evaluate the effectiveness of processes and controls, and
adherence to applicable Laws/Rules/Regulations, policies, and
procedures.This role also entails partnering effectively with
Global Compliance Operational Risk (GCOR), as well as various
horizontal teams within Global Risk Analytics/Enterprise
Independent Testing who provide operational, data sourcing, and
technology infrastructure support. The outputs of the methodologies
will be used to drive process improvements and timely detection of
errors.We are seeking candidates with subject matter expertise in
areas that span across Consumer Products (e.g., card, mortgage,
autos), Regulations (e.g., Complaints, Fair Credit Reporting Act,
Fair Lending, UDAAP), and Enterprise Processes (e.g., Fraud, AML,
Payments) with a proven track record of seamlessly leading and
executing enterprise-wide initiatives.The role requires strategic
and critical thinking and willingness to dig into the details of
both existing and new testing methodologies to ensure they are fit
for purpose. The candidate must be a strong communicator and able
to effectively explain the rationale and details of the
methodologies to a broad set of audiences that include key senior
stakeholders across the Bank, as well as auditors and
regulators.Team Overview:Global Risk Analytics (GRA) and Enterprise
Independent Testing (EIT) are sub-lines of business within Global
Risk Management (GRM). Collectively, they are responsible for
developing a consistent and coherent set of models, analytical
tools, and tests for effective risk and capital measurement,
management and reporting across Bank of America. GRA and EIT
partner with the Lines of Business and Enterprise functions to
ensure the capabilities it builds address both internal and
regulatory requirements, and are responsive to the changing nature
of portfolios, economic conditions, and emerging risks. In
executing its activities, GRA and EIT drive innovation, process
improvement and automation.
Required Education & Experience:Bachelor's degrees or above in
fields including but not limited to: Finance, Economics,
Mathematics, Computer Science, Statistics, Process and Mechanical
Engineering, Operations Research, Data Science, Accounting,
Business Administration7+ years of relevant work experienceRequired
SkillsAbility to build relationships and effectively influence key
stakeholdersAdept at detecting and remediating organizational /
process weaknesses and deficienciesFeels ownership and
accountability for delivering high quality work, able to balance
multiple priorities and meet strict deadlinesStrong written,
verbal, presentation creation and delivery skillsWell organized
with attention to detailCultivates talent, able to recruit, train
and retain teams with diverse backgroundsAbility to manage teams to
deliver high quality work in a timely mannerWilling to challenge
the status quo and with a track record of driving changeExperience
implementing process improvements and automationDesired Skills and
ExperienceBusiness Acumen: Deep knowledge of relative Laws, rules,
and Regulations applicable for their coverage area /
portfolioControls Testing: Prior experience in Risk, Compliance,
Finance, or AuditCertifications: Certified Risk Management
Professional (CRMP), Certified in Risk and Information Systems
Control (CRISC), Certified Internal Auditor (CIA), Financial Risk
Manager (FRM) Certification or Certified Regulatory Compliance
Manager (CRCM)Shift:1st shift (United States of America)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 a diverse and
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:The Test Manager is accountable for a testing
portfolio and oversees all aspects of the testing life cycle
including test development, test execution, and results
aggregation/dissemination. The Test Manager collaborates with
process owners in the Front-Line Units and Control Functions
(FLUs/CFs) to understand their processes, identify risks to
successful execution, and prioritize/plan for the development of
methodologies (e.g., models, analytical tools, and testing scripts)
used to evaluate the effectiveness of processes and controls, and
adherence to applicable Laws/Rules/Regulations, policies, and
procedures.This role also entails partnering effectively with
Global Compliance Operational Risk (GCOR), as well as various
horizontal teams within Global Risk Analytics/Enterprise
Independent Testing who provide operational, data sourcing, and
technology infrastructure support. The outputs of the methodologies
will be used to drive process improvements and timely detection of
errors.We are seeking candidates with subject matter expertise in
areas that span across Consumer Products (e.g., card, mortgage,
autos), Regulations (e.g., Complaints, Fair Credit Reporting Act,
Fair Lending, UDAAP), and Enterprise Processes (e.g., Fraud, AML,
Payments) with a proven track record of seamlessly leading and
executing enterprise-wide initiatives.The role requires strategic
and critical thinking and willingness to dig into the details of
both existing and new testing methodologies to ensure they are fit
for purpose. The candidate must be a strong communicator and able
to effectively explain the rationale and details of the
methodologies to a broad set of audiences that include key senior
stakeholders across the Bank, as well as auditors and
regulators.Team Overview:Global Risk Analytics (GRA) and Enterprise
Independent Testing (EIT) are sub-lines of business within Global
Risk Management (GRM). Collectively, they are responsible for
developing a consistent and coherent set of models, analytical
tools, and tests for effective risk and capital measurement,
management and reporting across Bank of America. GRA and EIT
partner with the Lines of Business and Enterprise functions to
ensure the capabilities it builds address both internal and
regulatory requirements, and are responsive to the changing nature
of portfolios, economic conditions, and emerging risks. In
executing its activities, GRA and EIT drive innovation, process
improvement and automation.
Required Education & Experience:
1.Determine the job or types of jobs you want to do and research
their responsibilities and qualifications.
2.Think about why you can do the job and make a list of your skills
that are relative to the job.
3.Identify experiences or accomplishments that show your
proficiency in the skills required for the job.
4.Summarize your abilities, accomplishments and skills into a
brief, concise document.
Considerations when writing a resume
---Do be brief. Resumes should be 1-2 pages in length.
---Do be upbeat and active in your wording.
---Do emphasize what you have done clearly and concretely.
---Do be neat and well organized.
---Do have others proofread and critique your resume. Spell check.
Make it error free.
---Do use high quality, white or light colored 8 - x 11 paper. Use
a laser printer if possible.
---Don't be dishonest, always tell the truth about yourself in the
most flattering light.
---Don't include salary history or requirements.
---Don't include references.
---Don't include accomplishments that do not support your
professional goals.
--- Don't include anything that isn't relevant. (For example, don't
mention your fondness for swimming unless you want to work on the
water.)
---Don't use italics, underlining, shadows or other fancy
treatments.Seven steps to a successful interview
1.Anticipate -Put yourself in the interviewer's position. What do
you believe the interviewer is most interested in? Why do you think
you have been invited to interview?
2.Research -What are the primary functions of the line of business?
What are the success factors for the job? Is there a job
description available?
3.Assess -Think about your skills, abilities, knowledge, interests,
traits, values and accomplishments. Match them to what you know
about the job. Consider which ones you should highlight.
4.Prepare Answers -Think about what the interviewer may ask,
determine what the best answer is and write it down.
5.Prepare Questions - Interviewing is a two-way street. By asking
thoughtful questions, you communicate your interest and learn a lot
about the job. Choose two or three questions to ask your
interviewer. Avoid asking a lot of questions about vacation time or
breaks.
6.Practice - It may seem awkward, but it is the best way to come
across well in an interview. Practice your own "great responses"
with others or in front of a mirror until you appear relaxed and at
ease.
7.Follow-up - Send a brief follow-up letter to the interviewer.
Keep in mind that the many job searchers will not send a follow-up
letter. Sending one can become a competitive advantage.
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Keywords: Bank of America, Burlington , Testing Manager IC, Executive , Charlotte, North Carolina
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