Bank of America-posted 4 months ago
$89,800 - $153,300/Yr
Full-time
Chicago, IL

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! This job is responsible for building subject matter expertise in bank processes - including underlying data, flows, and controls - and designing and implementing technical solutions leveraging modular, reusable software components to enhance Global Risk Management’s (GRM) data, testing, and analytical capabilities. The goal is to deliver timely, useful, and actionable independent insights into the operational health of the bank's processes.

  • Demonstrates core EIT/GRA skills, including: critical thinking, decisiveness, leveraging enterprise, proactive project management, risk management, adaptability, collaboration, customer and client focus, effective communication (written and verbal), and control rigor and discipline.
  • Partners effectively with process and data owners across Front Line Units and Technology to become subject matter expert in specific business domains and gain deep understanding of the existing control landscape and testing requirements.
  • Applies programming skills and software development lifecycle principles to deliver high-quality, scalable solutions for testing the bank's processes and to meet business, risk management and regulatory requirements.
  • Continuously enhances technical capabilities to adapt to evolving portfolios, economic conditions, emerging risks and technology capabilities.
  • Designs, develops, documents, and implements repeatable, robust and scalable testing solutions.
  • Sources and evaluates data required for testing, and builds big data pipelines as needed to support scalable analytics.
  • Collaborates with stakeholders across the bank to understand testing processes and requirements.
  • Communicates technical implementations clearly and effectively, tailoring explanations to a broad range of audiences, including senior stakeholders, to articulate the rationale and impact of testing solutions.
  • Bachelor’s degrees or above in fields including but not limited to: Mathematics, Computer Science, Statistics, Process and Mechanical Engineering, Operations Research, Data Science (or equivalent work experience).
  • At least 2 years of relevant experience in software engineering in Quantitative Finance or other industries.
  • Strong programming skills (e.g., Python) and solid understanding of Software Development Life cycle (SDLC) principles.
  • Ability to document and clearly articulate the rationale and impact of technical solutions to a wide range of audiences.
  • Demonstrated experience in at least one (preferably more) of the following areas: Demonstrating strong analytical and problem-solving capabilities, applying quantitative methods such as modelling, data analytics, machine learning, and statistics to develop business solutions, knowledge of financial services industry and related regulations, working with large scale data sets with structured or unstructured data, implementing process improvements and automation.
  • Industry-leading benefits
  • Access to paid time off
  • Resources and support to employees
  • Discretionary incentive eligible
  • Annual discretionary award based on performance
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