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Bank of America Environmental and Social Risk Advisory Manager in Boston, Massachusetts

Environmental and Social Risk Advisory Manager

Charlotte, North Carolina;Washington, District of Columbia; New York, New York; Boston, Massachusetts

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!

The E&S Risk Advisory manager will play a critical role in executing the bank’s Environmental and Social Risk strategy.

Job Description:

  • Reports to Global Environmental Executive, accountable to Environmental and Social Business Advisory pillar lead

  • Member of bank’s Global Environmental Group (GEG)

  • Responsible for working with GEG/CSR/Public Policy teammates, lines of business, risk and other partners to advise and guide on the evaluation of potential environmental and social risks

Primary Responsibilities:

  • Serve as a resource and provide technical expertise for key internal stakeholders on environmental and social issues, policies and positions taking into consideration industry best practices and standards as well as regulatory requirements and stakeholder expectations.

  • Identify and analyze a full range of known and emerging E&S issues relevant to the bank and produce high quality executive summaries to help shape our point of view on the topic.

  • Manage and conduct environmental and social due diligence.

  • Work collaboratively and proactively with line of business and support functions to develop content and drive awareness and collaboration to address key environmental and social risks.

  • Engage with external partners, including peer banks, NGOs and shareholders, to incorporate feedback and best practices monitor industry trends.

Critical Competencies:

  • Prior experience in environmental and social risk management, evaluating clients and transactions for compliance with ESG policies and standards.

  • Experience in working for a financial institution, understanding bank products and decision-making processes strongly preferred.

  • Critical thinking skills, capacity to process complex issues, and ability to analyze, interpret and summarize vast amounts of information quickly.

  • Strong writing and research skills, combined with ability to filter, summarize and communicate complex relevant issues to executives and other internal and external audiences.

  • Ability to anticipate potential reputational risks for the company before they arise.

Required Qualifications:

  • 6+ years experience in Environmental and Social Risk or Equivalent

  • Comfortable in a complex, fast paced and results-oriented corporate environment.

  • Strong interpersonal skills, ability to interface with a wide range of internal and external stakeholders comfortably and regularly.

  • Exceptional organizational and time management skills, ability to successfully multi-task and make accurate decisions under short time deadlines and with minimal supervision.

  • Effective verbal and written communication skills.

  • Proficiency in PowerPoint, Excel and other business technologies an absolute must.

Desired Qualifications:

  • 10+ years experience in Environmental and Social Risk or Equivalent

Skills:

  • Collaboration

  • Consulting

  • External Resource Management

  • Prioritization

  • Program Management

  • Advisory

  • Decision Making

  • Inclusive Leadership

  • Oral Communications

  • Strategy Planning and Development

  • Benchmarking

  • Executive Presence

  • Process Management

  • Process Performance Measurement

  • Risk Management

Minimum Education Requirement: Bachelor's Degree in related field or equivalent work experience

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

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