Risk Analysis Specialist II

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!

Job Description:
This job is responsible for supporting data and technology requests complex reporting and analysis and modeling to manage risk and minimize credit and operating losses. Key responsibilities include reviewing and analyzing portfolio trends supporting the development of more complex databases or queries to extract data and supporting the production of data for internal and external reporting needs. Job expectations include working with Technology to implement changes necessary to support ongoing data needs.

Responsibilities:

• Supports the development and execution of reporting to allow Risk and business partners to effectively identify and manage risk
• Analyzes trends and supports the data design portfolio trends loss trends and portfolio dynamics to ensure alignment with business strategies
• Provides analytical support on various product strategic initiatives affecting multiple Risk functions and lines of business to ensure company goals are met
• Participates in the development of database production processes and performance reports for senior management using data mining and other advanced analytical techniques to aggregate data
• Supports with responding to complex ad-hoc requests for information from both internal and external parties
• Provides support on cross-functional efforts to remediate data quality issues
• Monitors the outputs of controls and investigates alerts from the control checks
• Perform complex analysis and engage in operational and analytical support for Credit Risk data modeling and reporting groups across the enterprise.

This job is responsible for managing data processes controls and governance to enable key risk finance and LOB partners to monitor report and manage credit risk as well as other risk functions. Key responsibilities include building maintaining controlling Credit Risk data processes reviewing data and control results researching and escalating issues supporting processes improvements and driving data solutions for key partners. Job expectations include working with Technology to implement changes necessary to support ongoing data needs.

Required Skills:

• 5 years of related experience in data management risk analytics modeling or governance role
• Expertise in Excel SQL SAS and/or other data analysis tools
• Strong analytical problem solving and execution skills needed to perform complex data analysis
• Demonstrated success driving results as a self-directed proactive individual contributor
• Able to influence business and technology functions while working in a matrixed work environment
• Demonstrated ability to multi-task in a fast paced environment adapt to changing requirements manage multiple tasks work well under pressure and garner consensus from multiple partners
• Excellent verbal and written communication skills with ability to transform complex concepts into simple and easy to understand presentations and target messaging to diverse audiences
• Results oriented with demonstrated ability to drive action and sustain momentum to quickly develop subject matter expertise across a broad spectrum of issues

Desired Skills:

• Bachelors Degree
• Finance background
• General understanding of Credit Risk
• Global Risk Management background

Skills:

• Attention to Detail
• Business Intelligence
• Data and Trend Analysis
• Risk Analytics
• Risk Management
• Adaptability
• Collaboration
• Continuous Improvement
• Data Visualization
• Project Management
• Business Acumen
• Issue Management
• Regulatory Relations
• Stakeholder Management
• Technical Documentation

Shift:

Hours Per Week: