Risk Analysis Manager

Bank of America•Charlotte, NC

2d•Onsite

About The Position

At Bank of America, the Risk Analysis Manager leads a team supporting data and technology requests, complex reporting and analysis, and modeling to manage risk and minimize credit and operating losses. The role performs data management, analysis, and modeling to support profitability and asset growth while limiting credit, operating, and other risk exposures. It provides analytical support for product and credit risk strategies and coordinates databases and performance reports for senior management. The manager oversees portfolio and loss trend analysis, portfolio dynamics, data design, and reporting processes. The role partners with Technology and with data, reporting, Risk, and business teams to support strategic initiatives, align analysis with business objectives, improve data quality, and ensure relevant systems and controls operate effectively. It also supports Asset Quality reporting and monitoring, portfolio and industry analysis, forecasting, regulatory updates, risk appetite limit setting, and third-party oversight routines and projects.

Requirements

Bachelor’s degree required.
Ability to analyze data and draw business-relevant conclusions using data visualization techniques and tools.
High attention to detail and commitment to quality work products.
Ability to manage competing priorities and time-sensitive deadlines.
Highly responsive to ad hoc information requests.
Proficiency in query and reporting analysis tools, including Excel macros, pivot tables, and lookups.
Experience with Tableau-driven dashboards and analytics.
Advanced analytical skills, including ability to navigate systems, access data, reconcile figures from different sources, identify discrepancies, and understand drivers of change in data.
Problem-solving ability, ownership of tasks, and persistence in working through challenges.
Strong business partnering skills, including ability to interact, communicate, and influence across organizational levels.
Strong written and verbal communication skills.
Working knowledge of the department’s or business unit’s functional area or product, general bank policies, and programs.

Nice To Haves

Experience in GWIM is strongly preferred.

Responsibilities

Develop, execute, and enhance reporting that enables Risk and business partners to identify and manage risk.
Manage analysis of trends and oversee data design, portfolio trends, loss trends, and portfolio dynamics to align analysis with business strategies.
Serve as a liaison between data, technology, and reporting teams on strategic initiatives affecting multiple Risk functions and lines of business.
Manage database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data.
Respond to complex ad hoc information requests from internal and external parties.
Lead cross-functional strategic efforts to remediate data quality issues.
Oversee relevant systems and monitor outputs to ensure controls are operating effectively.
Perform routine and ad hoc complex data analysis, Asset Quality reporting and monitoring, and portfolio and industry analysis across several lines of business.
Provide analytical support for credit risk strategies.
Review and interpret Asset Quality and industry portfolio trends, loss trends, portfolio dynamics, and risk-rating migration; identify root causes and propose and implement solutions.
Coordinate Asset Quality performance reports, portfolio reviews, quarterly regulatory updates, industry analysis, forecasting, and risk appetite limit setting for senior management.
Maintain reporting, analytics, and Tableau dashboards and develop additional report content using dashboards and other sources.
Support ongoing routines, reporting, and ad hoc projects related to third-party oversight.
May participate in or develop complex program models to extract data and use databases for statistical and financial modeling.
Work with Technology to implement changes needed to support ongoing data needs.
Apply strategic and critical thinking and sound independent judgment in performing duties.