Alternative Investments Business Governance Associate

This role at Bank of America offers a dynamic opportunity to be part of the Alternative Investments (AI) and Personal Retirement Solutions (PRS) groups, working within a highly collaborative environment to enhance risk management, product offerings, and governance routines. As part of a team dedicated to fostering robust operational and risk management cultures, this role is focused on supporting product management, market research, and governance.

Why Bank of America?

Bank of America emphasizes Responsible Growth by supporting employees’ well-being and offering flexibility across various roles. By joining, you gain the opportunity to work with experts in the financial field, advancing your career while contributing to meaningful projects.

Job Responsibilities

• Market Research & Analysis: Support Senior Product Specialists by performing in-depth research to guide product enhancements and inform pricing strategies.
• Routine Coordination: Oversee documentation and processes tied to product management, ensuring comprehensive records for regulatory and governance purposes.
• Financial Oversight: Manage aspects of product financials, including revenue, profit margins, and investment profiles.
• Operational Support: Participate in risk oversight routines, governance committees, and projects, collaborating with various departments to streamline processes and implement controls.

Key Qualifications

• Required: Bachelor’s degree or 1+ year of relevant experience, proficiency in Microsoft Office (especially Excel, PowerPoint), strong organizational and multitasking skills.
• Desired: Background in governance, alternative investments, or retirement products is beneficial but not mandatory.

Skills Needed

• Core Skills: Attention to detail, problem-solving, quality assurance, and critical thinking.
• Technical Skills: Business analytics, data governance, process management, and product management knowledge.

Work Schedule & Compensation

• Shift: 1st shift, 40 hours per week.
• Location: Bank of America Tower, New York, NY.
• Compensation: $45.46 - $55.55 per hour, based on experience and skills, along with eligibility for an annual discretionary performance award.
• Benefits: Comprehensive benefits, paid time off, and other resources to support career development and personal well-being.

Bank of America is an equal opportunity employer dedicated to diversity and inclusion, and they are committed to creating a workplace that respects the dignity of every individual. Join Bank of America to grow your career while making an impact on financial services and risk management.