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 for the Alternative Modelling Group (AMG), part of Global Risk Analytics (GRA) within Global Risk Management. GRA provides quantitative capabilities supporting global risk management and capital management, including risk and capital models and analytical tools used across the bank. AMG develops alternative models using innovative methods to challenge and benchmark enterprise risk and capital models. The specialist will drive business support and project management for AMG, managing multiple high-profile technical projects for senior stakeholders under tight deadlines. The work includes supporting model implementation on the organization's target-state infrastructure, coordinating business management processes, and applying enterprise project governance and Change Management standards. The role will also identify opportunities to automate and improve project and business management processes, with potential to expand into other business management and modeling activities. Training is provided on the job.

Requirements

Self-motivation, self-direction, organizational skills, and ability to manage multiple priorities in a complex, fast-paced environment without compromising quality or timelines.
Control-oriented experience and mindset.
Demonstrable project management and business management experience.
Willingness to be accountable for meeting deliverable dates.
Proven ability to identify and fix suboptimal processes.
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 and help team members 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 willingness to learn these skills.
Attention to detail.
Business intelligence skills.
Data and trend analysis skills.
Risk analytics skills.
Adaptability and collaboration.
Continuous improvement skills.
Data visualization skills.
Business acumen.
Issue management skills.
Regulatory relations experience.
Stakeholder management skills.
Technical documentation skills.

Responsibilities

Manage multiple technical projects concurrently, particularly implementing models on the organization's target-state infrastructure.
Ensure projects adhere to team business practices, Enterprise project governance, and Change Management standards.
Support business management processes as agreed with the Business Management Lead.
Support delivery through strong project management practices and provide project management expertise to modelers.
Provide Project Management Office capabilities across AMG teams, including QA/QC of JIRA tasks, governance, Model Development Lifecycle tracking, reporting, and routine management.
Provide business support to AMG team leads, potentially including capacity planning, reports and returns, hiring activities, and routine management.
Explore automation opportunities for project management and business management processes and reporting.
Identify ways to optimize the team's project management and business management operating model.
Work with minimal supervision and develop effective relationships with stakeholders within AMG and across GRA.