Risk Analysis Manager

Bank of America•Charlotte, NC

2d•Onsite

About The Position

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! This job is responsible for leading a team supporting data and technology requests, complex reporting and analysis, and modeling to manage risk and minimize credit and operating losses. Key responsibilities include managing the review and analysis of portfolio trends, directing 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. The role provides leadership, direction, oversight and guidance, managing multiple scrums, leading efforts across broad multi-business and technology team stakeholder groups to solve risk reporting requirements. Multi-year scope of work includes supporting delivery of the strategic Credit Risk Platform (CRP) for Credit Risk data and reporting, ensuring adoption of the Global Markets ADS (Zinc) and other appropriate data sources (WCADS, Bacardi) to support all use cases in CRP.

Requirements

5+ years of large data experience
Programming knowledge with SQL, SAS
Proactive and strategic leadership and partnership in an IT focused environment striving to meet current and anticipated business objectives
Must possess strong relationship management skills and ability to interface and lead confidently across all levels of management in both technology and business
Wholesale product and data knowledge

Nice To Haves

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

Responsibilities

Develops, executes, and enhances reporting to allow Risk and business partners to effectively identify and manage risk
Manages the analysis of trends and oversees the data design, portfolio trends, loss trends, and portfolio dynamics to ensure alignment with business strategies
Serves as a liaison between the data, technology, and reporting teams in support of strategic initiatives affecting multiple Risk functions and lines of business to ensure company goals are met
Manages database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data
Responds to complex ad-hoc requests for information from both internal and external parties
Leads cross-functional strategic efforts to remediate data quality issues
Provides oversight of relevant systems and assures controls are operating effectively by monitoring outputs
Define and communicate strategy and roadmap for CRP.
Own and manage the Program Backlog.
Prioritize features, capabilities, and enablers based on business value and risk.
Develop and maintain product roadmaps and release plans.
Collaborate with stakeholders to gather requirements and define product direction.
Work closely with Product Owners to ensure alignment between the Program Backlog and Team Backlogs.
Refine and prioritize features to ensure delivery teams have clear direction.
Make scope, priority, and trade-off decisions to maximize business value.
Monitor delivery progress and remove barriers impacting value delivery.
Partner with technology, architecture, operations, and business stakeholders.
Ensure delivered solutions meet customer, business, regulatory, and operational requirements.
Validate that delivered features achieve expected business results.
Support governance, compliance, audit, and risk management requirements where applicable.
Communicate roadmap progress, risks, dependencies, and delivery outcomes to leadership and stakeholders.
Serve as the primary liaison between business strategy and Agile delivery teams.
Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
Assesses talent and builds bench strength for roles across the organization.
Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.