Posted:
8/8/2024, 5:00:00 PM
Location(s):
New York, New York, United States ⋅ New York, United States
Experience Level(s):
Mid Level ⋅ Senior
Field(s):
People & HR
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 Description:
This job is responsible for developing Human Resources (HR) strategies that impact large, complex business units within a major Line of Business (LOB). Key responsibilities include developing and executing tactical plans at the business unit level to achieve strategic objectives and organizational effectiveness. Job expectations include driving a wide range of HR activities and supporting functions across the bank such as talent acquisition, compensation, employee relations, regulatory compliance, performance management, and employee engagement and development.
The Investment Banking HR Generalist is responsible for partnering with the line of business executives to provide value added HR consultancy support to a cohort of IBK groups which are global in scope. The HR Manager also develops and executes tactical plans at the business unit level to achieve strategic objectives, and combines strong organizational development skills and change management skills with core HR skills (staffing, compensation, associate relations) to help the business achieve its objectives.
Global Corporate & Investment Banking provides investment banking advisory, underwriting and distribution services to companies of all sizes around the world and across all major industries. It also offers financing, deposit and other treasury services globally to corporations with revenues of more than $2 billion in the U.S. and more than $1 billion internationally.
Strong preference to fill this role in NYC.
Responsibilities:
Manages the strategic delivery of Enterprise and Line of Business (LOB) specific Human Resources (HR) priorities in addition to ensuring organizational effectiveness across talent acquisition, performance management, talent development and learning, succession planning, compensation, etc.
Applies lenses of operational excellence, organizational health, and diversity and inclusion across all HR people processes
Partners with business leaders to ensure that programs and practices are in alignment with Enterprise culture and conduct principles, serving as a trusted advisor to leadership
Manages and influences critical workforce activities, including but not limited to headcount reporting and analytics, financials/expenses, promotions, diversity and inclusion, performance, talent management, and key cross-HR initiatives
Collaborates with compensation, talent acquisition, and business partners to provide appropriate guidance on employee compensation, both at an individual level as well as in aggregate, while maintaining a focus on expense management
Leverages reporting tool results shared by HR Consultants to inform effective and strategic decision making
Support the GCIB HR Exec in supporting the broader IBK business
On-boards new executives, provides regular executive coaching in partnership with Global Talent
Leads all enterprise talent development, performance, and reward and recognition programs
Required Qualifications:
• 5+ years of HR Generalist / Talent or equivalent experience - broad experience across all areas of HR
• Experience in client management around complex strategic HR issues such as talent management, talent development, org design/development, change management, workforce diversity management, etc.
• Experience working directly with/consulting a senior business leader on HR strategy
• A proven track record in developing strategy and driving change to help drive business results and execute on key initiatives
• Experience supporting technically complex and geographically dispersed groups of associates across the globe
• Experience managing in a fast-paced, rapidly-changing, and highly complex environment
• Demonstrated ability as an enterprise/global thought leader who can proactively drive change and innovation with strong executive presence
• Deep technical HR competence with the ability to influence using a balance of technical HR expertise, business acumen, and coaching skills
• Superb relationship management skills, and the ability to develop strong interpersonal alliances at all levels, and connect with senior executives on both a business and a personal level
• Deep and broad business acumen with a strategic and risk management mindset to uncover hidden opportunities that create value through improved processes, competitive advantage, and innovation
• Project management experience including leading projects, managing to tollgates, etc.
Desired Qualifications:
• Knowledge of LOB and the regulatory environment is a plus
• Experience working with a BofA global line of business preferred
• Strong Microsoft Office skills/written presentation skills
Skills:
Analytical Thinking
Fiscal Responsibility
Leadership Development
Relationship Building
Talent Development
Influence
Risk Management
Stakeholder Management
Workforce Diversity Management
Workforce Planning
Coaching
Executive Presence & Strong communication skills
Organizational Effectiveness
Strong Project Management & organizational skills
Strategy Planning and Development
Minimum Education Requirement:
• Bachelor’s Degree in related field or equivalent work experience
Shift:
1st shift (United States of America)Hours Per Week:
40Website: https://bankofamerica.com/
Headquarter Location: Charlotte, North Carolina, United States
Employee Count: 10001+
Year Founded: 2007
Last Funding Type: Seed
Industries: Asset Management ⋅ Banking ⋅ Finance ⋅ Financial Services ⋅ FinTech