Business Information Security Officer (BISO) - CFO and GRM

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.

Business Information Security Officer
The Information Security Officer will be a member of the Business Information Security Officer (BISO) organization and work closely with the Chief Financial Officer (CFO), Global Risk Management (GRM) teams, their COO partners, and supporting technology teams from the Chief Information Officers (CIOs) / Chief Technology Officers (CTOs). In this role, the individual will develop a strong understanding of business, technology, control-function, and regulatory priorities to enable informed information security risk discussions, identify the most significant risks, and provide practical guidance on information security requirements, policies, exceptions, and controls. The role will support finance, treasury, enterprise risk, regulatory affairs, and financial crime-related processes and will coordinate across business, technology, risk, legal, compliance, vendor management, and information security stakeholders.

Required Qualifications
•    2–5 years of experience in technology and 5+ years of experience in information security.
•    Experience supporting information security risk management activities, including risk assessments, control evaluations, issue management, remediation tracking, and exception reviews.
•    Knowledge of application, infrastructure, cloud, data protection, identity and access management, and third-party security concepts.
•    Familiarity with information security risks associated with cloud computing, artificial intelligence solutions, data management platforms, encryption, and cryptographic technologies.
•    Ability to evaluate security findings and control gaps and recommend practical, risk-based solutions.
•    Strong business acumen and the ability to understand information security risks within finance, risk management, regulatory, or other control-function environments.
•    Strong analytical, organizational, and problem-solving skills with the ability to manage multiple priorities simultaneously.
•    Excellent written and verbal communication skills, including the ability to present technical concepts to non-technical audiences.
•    Experience collaborating across business, technology, risk, and governance teams to drive outcomes and influence decision-making.
•    Demonstrated ability to work independently, proactively identify and assess emerging information security risks, drive issues to resolution, and effectively manage competing priorities with limited oversight.

Scale / Scope
•    Contribute to the development, implementation, and ongoing improvement of information security practices supporting CFO and GRM functions, including finance governance, treasury, enterprise risk, regulatory affairs, and business control activities.
•    Serve as the primary information security liaison between business, technology, and Global Information Security teams for assigned portfolios, providing day-to-day security guidance and support.
•    Support information security reviews, risk exceptions, control assessments, remediation activities, and governance processes for applications, infrastructure, cloud services, and third-party providers.
•    Provide information security input on strategic initiatives, technology modernization efforts, vendor engagements, and business transformation programs.
•    Prepare and communicate information security reporting, risk summaries, and key issues requiring management awareness or decision-making.
•    Monitor emerging threats, control requirements, and risk trends relevant to supported business functions.

Risk Management
•    Evaluate information security risks, control gaps, compensating controls, remediation plans, and exception requests to support informed risk decisions.
•    Partner with business, technology, and risk stakeholders to identify, assess, prioritize, and manage information security risks throughout the lifecycle of applications, services, and third-party relationships.
•    Review findings from security assessments, vulnerability management activities, audits, and other control reviews, and facilitate remediation planning and risk treatment.
•    Assess security considerations associated with vendors, cloud services, data protection, identity and access management, application security, and technology architecture decisions.
•    Track and escalate material risks, overdue remediation efforts, and emerging concerns that may impact the supported business or control functions.
•    Support regulatory, audit, and governance-related activities requiring information security engagement or oversight.

Leadership / Strategy
•    Build strong relationships with business, technology, legal, compliance, risk, and vendor management partners to promote effective information security practices.
•    Translate technical security risks into clear business impacts and recommendations that enable practical and informed decision-making.
•    Help business and technology partners navigate information security requirements, review processes, and governance expectations.
•    Participate in business, technology, and risk operating routines to ensure information security considerations are incorporated into strategic planning, technology decisions, and operational processes.
•    Support the development of a strong risk culture by promoting accountability, proactive risk identification, and timely remediation of security concerns.
•    Maintain awareness of information security risks associated with cloud services, artificial intelligence solutions, large-scale data platforms, emerging technologies, and cryptographic controls, and engage appropriate subject matter experts as needed.
•    Prepare concise written materials and executive-level communications for leadership, governance forums, and stakeholder discussions.

Required Skills
1. Controls Management
2. Cyber Security
3. Data Governance
4. Information Systems Management
5. Risk Management
6. Architecture
7. Customer and Client Focus
8. Executive Presence
9. Threat Analysis
10. Vendor Management
 

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - CO - Denver - 1144 15th St - Denver Gis (CO9926), US - DC - Washington - 1800 K St NW - 1800 K Street NW (DC1842), US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)

Pay and benefits information

Pay range$99,200.00 - $145,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This 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.

Benefits

This 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.