Jay DeDomenico

Jay DeDomenico

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  • Timeline

  • About me

    Data Technology Executive at Bank of America

  • Education

    • University of Phoenix

      -
      BS Finance/Business Administration
  • Experience

    • Merrill Lynch

      Jun 2004 - Oct 2008

      o Planned, directed, and managed multiple strategic initiativeso Ensured that objectives were accomplished in accordance with outlined prioritieso Coordinated the successful simultaneous development/oversight of several projects including a new rewards based credit card offering and a project centered around a real time money movement systemo Worked closely with technology and business partners to ensure requirements were met and results deliveredo Coordinated project cost estimates and managed project budgets, resources and burn rateso Served as a subject matter expert where necessary Show less o Responsible for managing a $5+MM annual relationship with a check/deposit fulfillment vendor, which is the sole provider for Merrill’s brokerage client base o Coordinated and conducted formal RFX eventso Coordinated the negotiation of a new contract with our current vendor, resulting in a net save of $3+MM over the course of 3 yearso Acted as a daily escalation point for elevated issues and conducted partnership reviews to discuss strategies and potential streamlining opportunities, which resulted in a number of enhancements to our program Show less

      • AVP - Project Management

        Jan 2007 - Oct 2008
      • AVP - Relationship Management

        Jan 2007 - Oct 2008
      • AVP - Operations Management

        Jun 2004 - Jan 2007
    • Bank of America / Merrill Lynch

      Jan 2009 - Jan 2011

      (This project represents the largest conversion to date ever executed in the Wealth Management space and included converting 1.2MM clients with assets in excess of $140 billion from the legacy Bank of America Investment platform to the Merrill Lynch Global Wealth Management platform.)o Played a lead role within the PMO and TMO to ensure that all project deliverables were met and managed effectivelyo Coordinated test prep, execution and certification across multiple lines of businesso Delivered a seamless transition to our clientso Conducted multiple financial exercises including; forecasting, re-forecasting and variance discussions Show less

      • VP - Certified Six Sigma Black Belt

        Oct 2008 - Jan 2011
      • VP - Project Management

        Jan 2009 - Nov 2010
    • Bank of America

      Jan 2011 - now

      Led a group within our Enterprise Resiliency organization that works across the Enterprise with responsibility for ensuring ongoing compliance to various banking regulations. This includes implementation and coordination with the Regulators as new and/or updated regulations are introduced. o Managed a diverse staff of data analysts, project managers and a technology team whose main objective is to drive fact based decision-making through advanced data analytics and automated solutionso Developed and proposed frameworks and ideas on how to improve the effectiveness of our businesses through the power of informationo Ongoing efforts resulted in risk avoidance, issue awareness and remediation and multiple process improvement strategies and implementations o Executed a regulatory project that introduced a new control function into the banks current vendor management platformo Wrote requirements, led the design, implementation and ongoing communication effortso One of the outputs was a risk assessment tool, which the Bank received a patent for

      • SVP - Data Technology Executive

        Nov 2022 - now
      • SVP - Enterprise Initiatives & Response Executive

        Apr 2021 - Nov 2022
      • SVP - Enterprise Resiliency

        Jul 2015 - Apr 2021
      • SVP - Business Control Manager

        Feb 2012 - Jul 2015
      • VP - Program Management

        Jan 2011 - Feb 2012
  • Licenses & Certifications

    • Six Sigma Black Belt

      Jan 2009
    • Six Sigma Green Belt

      Jan 2008