ESG Risk Advisory Manager

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 providing risk oversight and advice to the Line of Business (LOB) on risk management issues. Key responsibilities include identifying risks to which the LOB is exposed, implementing measures to prevent and mitigate losses, and monitoring risk outcomes. Job expectations may include the ability to recognize all risk categories including credit, market, operational and compliance, as well as directing risk staff or participating in establish risk management procedures and standards.

The ESG Risk Advisory manager will play a critical role in executing the bank’s approach to Environmental, Social and Governance Risks. This hire will be a member of the Global Environmental Group (GEG), reporting to the Global Environmental Executive and accountable to the Environmental and Social Business Advisory leader. Responsibilities include advising on ESG risks associated with clients, transactions, products, and strategic initiatives by partnering with lines of business, Risk, Public Policy, GCOCSR, and other stakeholders. Provides subject matter expertise, supports due diligence and risk mitigation efforts, and monitors emerging ESG developments to inform risk management and business decision-making. This individual will also utilize AI and advanced analytics tools to improve the efficiency, quality, and consistency of ESG risk assessments, due diligence, monitoring, and reporting.

Responsibilities:

• Participates in establishing risk management procedures and standards
• Conducts execution of risk framework activities including independent monitoring and testing of controls and risk management processes for the Line of Business (LOB)
• Liaisons with businesses to understand market trends and impacts on portfolio, using knowledge of stress testing and its applicability to risk categories
• Ensures adherence to the policies and procedures established by the company
• Manages risk requests, breach remediations and providing risk effective challenges for front line units
• Develops risk management analyses, reports, and approval procedures and guidelines on risk limits by type of product and/or transaction
• Supports lines of business in conducting due diligence by providing subject matter expertise, risk assessment, and advisory guidance on ESG risks associated with clients, transactions, and business activities, taking into consideration the best industry practices as well as regulatory requirements and stakeholder expectations.
• Identifies and analyze emerging ESG risks, supporting executive-ready insights to inform the bank's perspective and decision-making.
• Collaborates with lines of business and enterprise partners to build awareness of ESG risks and support coordinated approaches to identifying, assessing, and managing key ESG issues.
• Engages with external stakeholders, including peer institutions, NGOs, investors, and industry groups, to monitor emerging ESG risks, gather market insights, and inform risk management practices and strategic decision-making.

Required Qualifications:

• 6+ years of experience in ESG Risk or equivalent work experience.
• Strong executive presence and demonstrated effectiveness working with senior leaders.
• Comfortable in a complex, fast paced and result-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.
• Ability to advise lines of business on ESG risk management, evaluating clients and transactions for compliance with ESG policies and standards.
• Ability to work within a large, multi-business financial institution, understand bank products and decision-making processes.
• 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.
• Demonstrated ability to leverage AI and emerging technologies to improve risk analysis, synthesize information, generate insights, and support informed business and risk decisions.
• Ability to anticipate potential reputational risks for the company before they arise.

Desired Qualifications:

• 10+ years’ experience in ESG Risk or Equivalent work experience.

Skills:

• Advisory and Consulting
• Executive Presence
• Inclusive leadership
• Risk Management
• Prioritization
• Decision Making
• Collaboration
• External Resource Management
• Oral Communications
• Strategy Planning and Development
• Benchmarking
• Process Management

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$170,000.00 - $220,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.