Senior Data Analyst (Funding and Investment Products)

Bank Of America

Not Interested
Bookmark
Report This Job

profile Job Location:

Charlotte, VT - USA

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

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!

Job Description:
This job is responsible for ensuring operational data is fit for purpose defining controls and monitoring processes are in adherence to enterprise data management standards. Key responsibilities include triaging and remediating data incidents performing data analysis training new users and performing impact analysis stemming from data updates. Job expectations include helping in defining access and ownership of data by domain conducting quality control and overseeing data maintenance.

The Funding and Investment Products team manages governed data products that support critical regulatory and financial reporting across Global Regulatory Reporting Balance Sheet Management Liquidity and other CFO functions. We design maintain and enhance Authorized Data Sources (ADS) provisioning points for complex instruments such as long-term debt intercompany loans debt securities repos and derivatives ensuring compliance through robust controls reconciliations and production support. This team leads strategic initiatives that enable trading desks to launch new products build out reporting infrastructures and establish key controls while also exploring AI-driven opportunities to strengthen governance and improve efficiency.

Responsibilities:

  • Ensures data is accurate complete and fit for performing data analyses through various testing procedures and data controls which help to identify business insights fit for purpose for a particular product set
  • Develops and executes on Enterprise Data Management policies and standards works across teams to ensure adherence serves as a key point of contact for all topics related to data compliance and manages operational elements of the (Enterprise Data Strategy Governance and Operations (EDSGO) relationship
  • Manages data related incidents and identifies communicates and resolves or escalates issues as needed. Data inquiries include questions related to data issues availability of data and potential sourcing alternatives to inform
  • Develops manages and executes on controls ensuring tracking monitoring and resolution of any control breaches with data platform
  • Partners with Business and Technology functions to drive the development of business and functional requirements documents and ensures strategic upstream resolution for data related incidents

Additional Responsibilities:

  • Unwind SQL and ETL layers in Oracle database to identify issues/root cause analysis understand logic/derivations and work with internal and upstream tech partners to resolve issues in a timely fashion
  • Design data solutions based on reporting and capability needs of business partners
  • Data Control Governance - Ensuring process controls data validation activities and measurement processes remain timely and relevant
  • Create and maintain required documentation and evidence to ensure adherence to EDM Standards and RDA requirements
  • Work under minimal supervision on CFO projects that require creative solutions under very tight deadlines
  • Operational Excellence Improving CFO Data Management functions for production data governance data change and regulatory/audit activities
  • Validates data and signs off on reports within test environments to confirm application accuracy functionality and EDM Standards are met
  • Work on CFO ADS Databases US Central Finance Agg Reg Reporting Infrastructure (CFARRI) and Corporate Investments Data Warehouse (CIDW). These databases encompasses a vast number of funding and investment products including derivatives debt cash loans etc.

Skills:

  • Data Collection and Entry
  • Data Management
  • Data Modeling
  • Issue Management
  • Policies Procedures and Guidelines Management
  • Analytical Thinking
  • Collaboration
  • Data Governance
  • Data Quality Management
  • Data and Trend Analysis
  • Business Acumen
  • Controls Management
  • Production Support
  • Regulatory Compliance
  • Solution Design

Required Qualifications:

  • Advanced knowledge of Microsoft software (Excel Word Power Point) including advanced excel functions such as pivot tables VLOOKUP to supplement SQL skills in data analysis exercises
  • Hands-on experience querying and analyzing large sets of data using SQL (data warehouse is Oracle)
  • Ability to work in a fast-paced environment be creative and be able to balance multiple priorities simultaneously
  • Strong analytical and problem solving capabilities skills needed to perform complex data analysis
  • Must possess very strong communication skills with teammates and leadership within CFO Data Management (CFODM)
  • Ability to work independently and take lead on addressing issues
  • Familiarity with ETL tools (Informatica)

Desired Qualifications:

  • Knowledge of Banking products (Securities Derivatives Debt Loans Deposits Repurchase Agreements)
  • Strong knowledge and prior experience with Data Controls monitoring and/or Data Control governance practices
  • Banking or Financial Experience
  • Familiarity with BAC Enterprise Data Management Policy & Standards
  • Treasury background
  • BI Tools (PowerPivot Tableau)
  • General Ledger Reconciliation experience
  • Data Warehouse experience

Shift:

1st shift (United States of America)

Hours Per Week:

40

Required Experience:

Senior IC

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...
View more view more

Key Skills

  • Wealth Management
  • Cash Flow Analysis
  • Investment Experience
  • Asset Management
  • Analysis Skills
  • Securities Law
  • Equity Research
  • Investment Management
  • Private equity
  • Process Management
  • Financial Modeling
  • Bloomberg

About Company

Company Logo

What would you like the power to do? At Bank of America, our purpose is to help make financial lives better through the power of every connection.

View Profile View Profile