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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Organization Overview:
Global Risk Analytics (GRA) and Enterprise Independent Testing (EIT) are sub-lines of business within Global Risk Management (GRM). Collectively, they are responsible for developing a consistent and coherent set of models, analytical tools, and tests for effective risk and capital measurement, management and reporting across Bank of America. GRA and EIT partner with the Lines of Business and Enterprise functions to ensure the capabilities it builds address both internal and regulatory requirements, and are responsive to the changing nature of portfolios, economic conditions, and emerging risks. In executing its activities, GRA and EIT drive innovation, process improvement and automation.
Team Overview:
The Enterprise Independent Testing organization within Global Risk Management has an opportunity for a Senior Analyst role within the Sampling Methodology and Oversight (SMO) team. SMO is highly specialized in data analytics and sampling and provides specialty oversight and consulting services across EIT teams involved in data sourcing and sampling activities, as well as business partners outside EIT. Working with a team of highly skilled professionals, you become part of an experienced and dedicated team that is committed to providing quantitative and statistical analysis to Senior Management on the highly visible Enterprise Independent Testing (EIT) team.
Job Description:
Candidate is expected to have expertise in business or risk analytics, sampling methodologies or exploratory data analysis, programming, and analytical reporting. Candidate will work in a collaborative environment but is expected to take initiatives to independently uncover risk issues and drive resolution across multi-functional partners.
Role Overview:
The Senior Analyst Role’s responsibilities include:
Play a critical role in implementing and improving the EIT sampling methodologies commensurate with the risk and control profile across various business lines and product portfolios. Focuses on sampling effectiveness and efficiency
Assist senior management in installing proactive sampling controls surrounding test data sourcing and sampling. Provides ongoing sampling oversight support and analysis
Provide independent evaluation and/or consultation on sampling practices and data sourcing process. Validate the current risk and compliance procedures and identify probable gaps and issues in the existing procedures
Identify potential areas for process improvement or upgrade and proposes actionable resolution
Drive remediation plans so that any deficiencies identified will be addressed properly by responsible parties. Tracks and reports on remediation activities for performance metrics
Provide analytical or quality assurance (QA) support to other EIT priorities and initiatives to address critical or urgent risk issues
Deliver to high volumes and/or fast-paced production targets with productivity and accuracy
Required Education & Experience:
Post-Graduate degree in an analytical focused subject, e.g. Statistics, Mathematics, Economics, Finance or Business Management with a quantitative concentration
3+ years of experience with business or risk analytics
Required Skills:
Strong analytical thinking and quantitative/qualitative skills
Advanced knowledge and skills in data sciences/analytics and sampling techniques
Strong coding skills in one of Bank’s common programming languages, e.g. SQL, Python, VBA, Tableau or SAS. High proficiency with Excel pivot tables, formulas and/or Macros.
Deliver high-quality results under pressure and in a fast-paced or changing environment. Strong project and/or pipeline management skills
Excellent attention to detail and time management
Self-starter and problem solver
Applies critical thinking and connects the dots on how processes relate to one another
Demonstrates ownership and accountability for delivering high quality work, able to prioritize effectively, adapt, and meet strict deadlines
Sees opportunities, risks, and connections while engaging with others across different functions and connecting the dots across the organization
Strong written, verbal and delivery skills.
Strong Partnership and Influencing Skills
Ability to think independently, solve complex problems, and suggest solutions.
The ability to adapt to change, drive collaboration and excel in problem solving.
Proficient in the Microsoft suite
Shift:
1st shift (United States of America)
Hours Per Week:
40
