Risk Analysis Manager

Bank of America•Charlotte, NC

2d•Onsite

About The Position

At Bank of America, the Risk Analysis Manager leads a team that supports data and technology requests, complex reporting and analysis, and modeling to manage risk and minimize credit and operating losses. The role performs data management, complex analysis, and modeling to support profitability and asset growth while reducing risk exposures. It provides analytical support for product and credit risk strategies and helps ensure company goals are met. The manager oversees portfolio and loss trend analysis, portfolio dynamics, risk rating migration, database production, reporting, and analytical systems. The role supports senior management with asset quality reporting, portfolio reviews, regulatory updates, industry analysis, forecasting, and risk appetite limit setting. It collaborates with Technology, data, reporting teams, and other corporate units to support strategic initiatives and align analysis with business objectives. Duties also include responding to internal and external ad-hoc requests, addressing data quality issues, and monitoring controls and system outputs.

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 multiple competing priorities with 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 the ability to navigate systems, access data, reconcile figures from different sources, identify discrepancies, and understand drivers of change in data.
Problem-solving ability, task ownership, and ability to work 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 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.
Liaise between data, technology, and reporting teams in support of strategic initiatives across Risk functions and lines of business.
Manage database production processes and performance reports for senior management, using data mining and 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, analyze, and interpret Asset Quality and industry portfolio trends, loss trends, portfolio dynamics, and risk rating migration; determine root causes and propose and implement solutions.
Coordinate production of Asset Quality performance reports, portfolio reviews, quarterly regulatory updates, industry analysis, forecasting, and risk appetite limit setting for senior management.
Maintain and manage reporting, analytics, and Tableau dashboards.
Develop additional report content using dashboards and other sources.
Support ongoing routines, reporting, and ad-hoc projects related to third-party oversight.
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 requirements.
Integrate the analysis team with other corporate units to align analysis with business strategies and objectives.