Identity and Access Management (IAM) Sr. Specialist (Cloud Security required)

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!LOB Overview:Global Information Security (GIS) is responsible for protecting bank information systems, confidential and proprietary data, and customer information. GIS develops the bank’s Information Security strategy and policy, manages the Information Security program, identifies and addresses vulnerabilities and operates a global security operations center that monitors, detects and responds to cybersecurity incidents. Within GIS, Identity and Access Management (IAM) is a security discipline that enables the right individuals to access the right resources at the right times and in the right context. IAM addresses the mission-critical need to ensure appropriate access to the resources across increasingly heterogeneous technology environments, and to meet increasingly rigorous compliance requirements.Role Description: Reporting to the Access Controls & Segregation of Duties Leader, this role is responsible for defining, operationalizing, and modernizing enterprise access control capabilities across traditional and cloud-native environments. The role will drive the evolution of role-based, attribute-based, policy-based, and segregation of duties access control models while establishing sustainable cloud entitlement management practices that reduce risk, improve visibility, and simplify access administration across the enterprise. The role will partner closely with Architecture, Engineering, Cloud Security, IAM Service Catalogue, and Line of Business stakeholders to establish modern access models that support the Bank’s continued cloud transformation. ResponsibilitiesModernize the segregation of duties design, implementation, controls, and oversight framework and practices for sustainable risk reduction.Modernize enterprise access control capabilities through automation, AI-assisted analysis, workflow optimization, and data-driven insights.Improve role quality, entitlement quality, access profiling, and access model effectiveness across technology platforms.Drive adoption of RBAC, ABAC, PBAC, and SOD controls within enterprise and cloud environments to reduce entitlement sprawl and excessive permissions.Drive transformation initiatives focused on cloud entitlement visibility, access intelligence, permission analytics, and access lifecycle efficiencies.Establish enterprise standards for cloud role engineering, entitlement taxonomy, permission management, and cloud access model design.Develop sustainable approaches for governing cloud permissions, cloud identities, and cloud resource access at scale.Lead the strategy and execution of cloud access control capabilities across AWS, Azure, GCP, SaaS platforms, and emerging cloud-native technologies.Act as a senior advisor on cloud access controls, entitlement strategy, and access modeling.Operate through ambiguity, break down complex problems, and create structure where processes or accountabilities are unclear.Identify opportunities to reduce manual activities and simplify operational processes while strengthening risk mitigation.Partner across IAM, Security, Technology, Product, and Line of Business teams to drive adoption of modern access control frameworks.Lead complex initiatives involving cloud permissions, entitlement management, role engineering, and access risk reduction.Translate technical access control concepts into actionable business outcomes for senior leadership.Required Qualifications:10+ years of IAM, Cybersecurity, Cloud Security, or Access Management experience.Experience implementing SOD, RBAC, ABAC, PBAC, JIT, Runtime, and cloud access control frameworks within large financial services or banking organizations.Experience performing data analytics and design solutions using scripting (Python, R, SQL) and industry tools (Wiz, Terraform, Bloodhound, Splunk, Microsoft Copilot Studio, Power Automate, M365 Copilot, Tableau, PowerBI, Pivot Tables).Strong analytical and data-driven decision-making capabilities.Experience designing and managing Cloud Permission Models & Entitlement Analytics across AWS, Azure, and GCP.Strong understanding of Cloud & Enterprise Infrastructure Platforms & Network.Experience implementing Automation, AI-Enabled Solutions & Workflow Optimization to improve security outcomes.Experience with Microsegmentation and monitoring tools.Experience leading enterprise-scale IAM transformation and modernization initiatives.Experience partnering with Architecture, Engineering, Cloud Security, and Business stakeholders.Experience with Industry Standards & Framework (ISO, NIST, FFIEC, COBIT, CSA) related to Segregation of Duties (SoD).Desired Qualifications:Deep knowledge of RBAC, ABAC, PBAC, JIT, Runtime Access ModelsStrong proficiency in IAM Architecture, Identity Attributes & MetadataStrong expertise in Cloud Access Controls & Entitlement ManagementWorking knowledge of Authentication & Federation TechnologiesExcellent executive communication and stakeholder engagement skillsDemonstrated ability to influence through expertise, collaboration, and credibilityIndustry information security certificationCISSPCCSPCRISCCISMAWS Security Specialty or Azure Security EngineerAzure AI Engineer Associate or AWS AI PractitionerKey StakeholdersGIS Executive LeadershipIAM Governance ServicesIAM Product, Architecture, Engineering, and Operations teamsLOB and technology stakeholdersGIS, GT, Audit, Compliance, Risk, & other control partnersShift:1st shift (United States of America)Hours Per Week: 40Pay Transparency detailsUS - DC - Washington - 1800 K St NW - 1800 K Street NW (DC1842), US - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100)Pay and benefits informationPay range$135,000.00 - $182,100.00 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.SummaryLocation: Boston; WashingtonType: Full time