Risk Analysis Specialist II

Bank of America • Jersey City, NJ

7d • Onsite

About The Position

Bank of America is hiring a Risk Analysis Specialist II within the Alternative Modelling Group (AMG), part of Global Risk Analytics (GRA) in Global Risk Management. GRA provides quantitative capabilities supporting global risk and capital management, including models and analytical tools used for decision-making across the bank. AMG develops alternative models using innovative methods to challenge and benchmark the bank’s risk and capital models.

The role drives business support and project management for AMG. It manages multiple technical projects, including implementing models on the organization’s target-state infrastructure, and supports business management processes. The specialist will help improve project and business management processes through automation and operating-model optimization, while building relationships with stakeholders across AMG and GRA. The role may expand into other business management and modelling activities, with on-the-job training provided. The position is based at the Jersey City, New Jersey office, with an in-office culture and role-specific flexibility based on business needs. It is 40 hours per week and does not require travel.

Requirements

• Demonstrable project and business management experience.
• Self-motivation, self-direction, and organizational skills, with the ability to manage multiple priorities in a complex, fast-paced environment without sacrificing quality or timelines.
• A control-oriented experience and mindset.
• Accountability for meeting all deliverable dates for assigned tasks.
• A track record of identifying suboptimal processes and improving them.
• Proficiency with the Microsoft Office suite.
• Process-oriented and detail-oriented approach.
• Positive attitude and openness to feedback.
• Excellent written and verbal communication skills, including communication with senior audiences.
• Ability to foster collaboration among team members and help teams solve problems.
• Ability to work independently with limited supervision.

Nice To Haves

• Experience in financial services or a related field.
• Excellent proficiency and hands-on experience with JIRA (Horizon tools).
• Working knowledge of risk management.
• Programming skills, including Tableau, Python, Alteryx, or SQL, or a desire to learn these skills.
• Attention to Detail.
• Business Intelligence.
• Data and Trend Analysis.
• Risk Analytics.
• Risk Management.
• Adaptability.
• Collaboration.
• Continuous Improvement.
• Data Visualization.
• Project Management.
• Business Acumen.
• Issue Management.
• Regulatory Relations.
• Stakeholder Management.
• Technical Documentation.

Responsibilities

• Run multiple technical projects concurrently, particularly model implementation on the organization’s target-state infrastructure, in accordance with team business practices and Enterprise project governance and Change Management standards.
• Support business management processes as agreed with the Business Management Lead.
• Support project delivery through strong project management practices and provide project management expertise to modelers.
• Provide Project Management Office (PMO) capabilities across AMG teams, including QA/QC on JIRA tasks, governance, Model Development Lifecycle tracking, reporting, and routine management.
• Provide business support to AMG team leads, which may include capacity planning, reports and returns, hiring activities, and managing routines.
• Identify opportunities to automate project management and business management processes and reporting.
• Identify ways to optimize the team operating model for project management and business management practices.
• Work toward assigned goals with minimal supervision and develop effective working relationships with stakeholders within AMG and across GRA.

Benefits

• Benefits eligibility.
• Access to paid time off.
• Resources and support for employees’ physical, emotional, and financial wellness.
• Competitive and flexible benefits.
• Eligibility to participate in an annual discretionary incentive plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed