Credit Risk Data Strategy & Change Execution Product Owner

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:

This job is responsible for supporting data and technology requests, complex reporting and analysis, and modeling to manage risk and minimize credit and operating losses. Key responsibilities include reviewing and analyzing portfolio trends, supporting the development of more complex databases or queries to extract data, and supporting the production of data for internal and external reporting needs. Job expectations include working with Technology to implement changes necessary to support ongoing data needs.

Job Summary:

Effective credit risk management and reporting contributes to providing a clear understanding of current and emerging risks at Bank of America, and to proactively manage risk across the enterprise. The Credit Risk Data Strategy & Execution team sits within Enterprise Credit & Global Banking Risk and is responsible for managing data and technology change in close partnership with peers in Risk, Technology, Finance, Front Line Units and other partners to deliver integrated Credit Risk data and reporting capabilities.  All of this ensures the bank can deliver responsible growth within our risk framework. 

The Credit Risk Data Strategy & Change Execution Product Owner (PO) is responsible for maximizing the value delivered by the Credit Risk Platform (CRP) and other technology application teams through strategic product ownership, business partnership, and Agile execution. This role serves as the primary liaison between business stakeholders, including Risk Analytics & Reporting, Data Management, Technology, Model Development, Finance, and Regulatory teams to define and prioritize capabilities that support the bank's credit risk management objectives.

The PO is accountable for implementing the product roadmap, translating business requirements into actionable user stories, managing the product backlog, and ensuring technology delivery teams produce solutions that improve risk decisioning, portfolio monitoring, regulatory compliance, data quality, operational efficiency, and executive reporting.

The successful candidate is equally comfortable discussing risk strategy with senior executives, reviewing portfolio analytics with model developers, and collaborating with technologists and principal engineers about technical implementation decisions. This individual combines strong business acumen, credit risk expertise, data literacy, and Agile leadership skills to drive measurable business outcomes.

Responsibilities:

• Serve as the primary Product Owner for one or more Agile delivery teams
• Own and maintain a prioritized product backlog
• Develop epics, features, user stories, and acceptance criteria
• Ensure requirements are clear, testable, and aligned to expected business outcomes
• Participate and serve as business leader within Agile ceremonies including:
  • Sprint Planning
  • Backlog Refinement
  • Daily Standups
  • Sprint Reviews
  • Retrospectives
  • Release Planning
• Make trade-off decisions regarding scope, timeline, dependencies, and delivery priorities
• Act as final approver for delivered functionality
• Ensure platform capabilities support effective risk identification, measurement, monitoring, and reporting
• Build strong relationships across business and technology organizations
• Communicate roadmap progress, dependencies, risks, and delivery outcomes
• Facilitate alignment among stakeholders with competing priorities

Required Qualifications:

• Bachelor's degree in Finance, Economics, Business Administration, Information Technology, Computer Science, Risk Management, or equivalent work experience

• Experience in Product Management, Product Ownership, Business Analysis, Project Management, or Agile Delivery
• Experience supporting Credit Risk, Risk Management, Regulatory Reporting, Banking Technology, or Financial Services platforms
• Demonstrated ability to lead complex cross-functional initiatives

Skills:

• Attention to Detail
• Business Intelligence
• Data and Trend Analysis
• Risk Analytics
• Risk Management
• Adaptability
• Collaboration
• Continuous Improvement
• Data Visualization
• Project Management
• Thinks beyond individual features and focuses on long-term business outcomes
• Connects technology investments to measurable risk management value
• Proactively identifies risks and raises concerns with the project
  • Backlog Prioritization
  • Agile Methodologies
  • User Story Development

Shift:

Hours Per Week: