Privileged Access Management (PAM) Sr. Specialist
Company: Bank of America
Location: Boston
Posted on: April 2, 2026
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Job Description:
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 is core to how we drive
Responsible Growth. This includes our commitment to being an
inclusive workplace, attracting and developing exceptional talent,
supporting our teammates’ physical, emotional, and financial
wellness, recognizing and rewarding performance, and how we make an
impact in the communities we serve. Bank of America is committed to
an in-office culture with specific requirements for office-based
attendance and which allows for an appropriate level of flexibility
for our teammates and businesses based on role-specific
considerations. At Bank of America, you can build a successful
career with opportunities to learn, grow, and make an impact. Join
us! Responsibilities This role reports directly to the Technology
Executive for Authentication, Privilege Access Management Service
and Cloud IAM. This role is primarily responsible for ensuring that
relevant Privileged Access Controls are adequately enforced across
platforms and applications to comply with IAM Standard. Partner
with PAM Governance leads to ensure that Privileged Access Controls
are appropriately measured, reported and governed. Appropriately
assess Privileged Access risk when business and technology
decisions are made, demonstrating risk management mindset and
practices to safeguard BAC’s reputation, its clients, and assets by
driving compliance with applicable laws, rules, and regulations,
adhering to BAC Policy and Standards. Monitors industry information
security and PAM trends and engages peer organizations to refine
and enhance BAC’s PAM strategy. Apply industry PAM best practices,
templates, and documentation while also proposing improvements
based on practical knowledge. Provide extensive Active Directory
security best practices and consultation to the cross functional
teams, ensuring compliance with IAM standards, and better protect
privileged accounts against cyberattacks. Develop new PAM
requirements and cloud-based security solutions and govern cloud
identities. Establish and maintain strong partnership with other
Global Information Security (GIS) functions, Core Technology
Infrastructure (CTI), Cyber Security Technology (CST), Third Party
management, Global Compliance and Operations Risk (CGOR), internal
audit, and regulatory agencies. Influence technology and PAM tools
owners to build/implement enhanced PAM solutions that are
efficient, effective, and modern and able to result in material
risk reduction in sustainable manner. Collaborate with stakeholders
to develop PAM requirements that iteratively support long term PAM
modernization and transformation (covers Process, Data and
Technology aspects). Engage with Product Managers and Senior
Architects to comprehend the strategic PAM technology roadmap,
which dictates the need for modernized security principles. Consult
with the business to identify gaps and governance issues,
leveraging own domain expertise to find effective solutions.
Clearly articulate reasons and methods behind proposed changes
through informative materials for educating others. Provide
education to team members and technology partners regarding the
proposed changes. Partners with the policy governance team for
socialization and publication of proposed changes to the PAM
Standard Takes accountability for addressing PAM risks. Proactively
identify risk and ways to continuously enhance and improve BAC’s
PAM controls. Implement and take decisive actions in finding
solutions. Drives towards intended outcomes. Engage senior
management to provide factual, transparent, and timely reporting on
existing and emerging PAM or information security risks. Active
participation in GIS IAM/PAM forums including but not limited to
Monthly IAM Stakeholder Forum and Control Owner Forum for standard
and Single Process Inventory (SPI) enhancements. Supports audit
issues for closure and sustainability Required Qualifications:
Extensive knowledge and understanding of PAM-specific laws, rules,
and regulations within the financial services sector. Understanding
and interpreting BAC’s established information security Policy,
Standards, Procedure and Guides, and applying this knowledge to
related PAM decisions and response. Serve as the Subject Matter
Experts in advising BAC business and technology counterparts on
effective ways to achieve or exceed compliance with applicable
Policy, Standards, Procedures and Guides Proficient in implementing
and governing Risk and Role based access security controls.
Extensive experience in managing Active Directory to enforce
privileged access controls. Ability to influence cloud technology
owners to build more secure processes. Strong understanding and
risk management mindset, proactively mitigating PAM related risks.
Familiarity with security standards such as NIST, ISO/EC, FFIEC.
Possession of CISSP certification would be an advantage. Expert
level knowledge of privileged access management methodologies and
techniques for on-prem and Cloud implementation. Expert knowledge
of PAM related tools which support session proxy, vaulting,
just-in-time provision, integration with service management tool
would be an advantage. 10 years relevant hands-on experience in PAM
with at least of 5 years of management experience Deep security
knowledge which covers core technology infrastructure (network,
storage, servers, databases, etc.) identity management and
application security practice. Deep experience with Linux, Windows,
Cloud scale Identity, Access Management (Single Sign-On, Multi
Factor Authentication), Authorization services or design and
architecture of PAM services Expert level knowledge of
authentication platforms such as Active Directory, LDAP, Kerberos,
LDAP, Radius. Deep knowledge on Federation platforms or protocols
such as Oauth, OpenID, SAML, WS-Fed, etc. Desired Qualifications:
Working level experience with IAM platforms such as Ping Identity,
Active Directory OpenLDAP, OpenDJ Experience in consumption of Web
Service APIs such as JSON / XML Hand on experience and proficient
with AWS, Azure, GCP, and/or Cloud Technologies will be an
advantage. Proficient in articulating facts and data-driven plans
and to partner with stakeholders to implement intended solutions to
drive risk reductions and adherence to PAM standards. Strong
attention to detail and advanced analytical skills. Excellent
communication and presentation skills. Excellent organizational
skills and be able to effectively prioritize multiple tasks Hands
on experience and involvement in large and complex projects
Proficient in data management which includes strong data analytical
capability with advanced understanding of the collection and
management of metadata Efficient in motivating, engaging, and
leveraging other teams and business partners to efficiently deliver
business solutions. Proven track record of influencing and
relationship management skills. Proficient in Microsoft Office
suite of products with ability to quickly analyze and synthesize
large volumes of data Pro-active and able to drive direction of
work that needs to be completed, ability to work independently on
initiatives with little oversight. Motivated and willing to learn.
Confident and effective in delivering messages across a wide
spectrum of individuals with varying degrees of technical and
business understanding Deep knowledge of bank financial practices
and policies and ability to adapt to fast changing environment
Knowledge of Compliance Certifications such as SOX, SOC, SOC2. This
job will be open and accepting applications for a minimum of seven
days from the date it was posted. Shift: 1st shift (United States
of America) Hours Per Week: 40 Pay Transparency details US - 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 information Pay range $140,000.00 - $200,000.00 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.
Keywords: Bank of America, Waltham , Privileged Access Management (PAM) Sr. Specialist, IT / Software / Systems , Boston, Massachusetts