VP, Business Selection & Conflicts Group

Welcome to Bank of America, where we are committed to providing our clients with exceptional service and innovative solutions. We are currently seeking a highly skilled and experienced professional to join our team as the Vice President of the Business Selection & Conflicts Group.In this role, you will be responsible for overseeing the business selection process and managing conflicts of interest within the organization. As a crucial member of our team, you will play a pivotal role in ensuring the integrity and ethical standards of our business practices.To excel in this position, we are looking for a candidate with a strong background in finance, business management, and conflict resolution. The ideal candidate will possess excellent communication and leadership skills, along with a keen attention to detail and the ability to make sound decisions under pressure.If you are a driven and strategic individual with a passion for upholding ethical standards and driving success, we invite you to apply for this exciting opportunity with Bank of America.

1. Oversee the business selection process, ensuring that all decisions are in line with company goals and values.
2. Develop and implement policies and procedures for identifying and managing conflicts of interest within the organization.
3. Work closely with different departments to identify potential conflicts and develop strategies to mitigate them.
4. Conduct thorough research and due diligence to ensure the integrity and credibility of potential business partnerships.
5. Collaborate with legal and compliance teams to ensure all business decisions and practices are in compliance with regulatory requirements.
6. Lead and manage a team of professionals, providing guidance and support to ensure efficient and effective operations.
7. Stay updated on industry trends, best practices, and regulations related to business selection and conflicts management.
8. Communicate regularly with senior management and stakeholders to provide updates on the status of business selection and conflicts management.
9. Develop and maintain relationships with external partners and stakeholders to facilitate the business selection process.
10. Make critical decisions under pressure, considering both ethical and business implications.
11. Conduct training and workshops to educate employees on the importance of ethical business practices and conflicts management.
12. Monitor and evaluate the effectiveness of business selection and conflicts management processes and make necessary improvements.
13. Analyze data and generate reports to provide insights and recommendations to senior management.
14. Represent the organization in a professional and ethical manner at all times.
15. Act as a role model for ethical behavior and promote a culture of integrity within the organization.

According to JobzMall, the average salary range for a VP, Business Selection & Conflicts Group in New York, NY, USA is between $150,000 and $250,000 per year. However, this can vary depending on factors such as the size and industry of the company, the individual's experience and qualifications, and the current market demand for this role.

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.