Risk Analysis Specialist II (Counterparty Credit Risk (CCR) Reporting)
About The Position
This job is responsible for supporting data and technology requests, complex reporting and analysis, and modeling to manage risk and minimize credit and operating losses. Key responsibilities include reviewing and analyzing portfolio trends, supporting 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. Our team develops, executes and enhances reporting and analysis that allows our risk and business partners to identify and manage credit risk, ensuring that Bank of America can deliver responsible growth within our risk framework. The team is focused on automation and uses several Business Intelligence (BI) tools to efficiently deliver timely and accurate information. The Risk Analysis Specialist will use their business and technical expertise to develop, execute and maintain counterparty credit risk reporting and dashboards. Experience working with Quartz, Zinc and QzTrades will be most useful as the team transitions away from other, legacy data sources. The team produces over 40 CCR reports and dashboards with a global audience, including high visibility reporting such as risk appetite, portfolio reporting and Institution-to-Institution Credit Exposure (IICE) reporting. The Risk Analysis Specialist will be responsible for some of these reports. They must have a good working knowledge of SQL and BI tools such as SSRS or Tableau and be able to collaborate with reporting stakeholders and technology partners on changes and enhancements. In addition to regular reporting the Risk Analysis Specialist must be capable of working on ad-hoc business requests by providing appropriate data and analysis, working closely with other teams as necessary. They will work with a high degree of autonomy and be aware of the risks of complacently.
Requirements
- Bachelor's degree or equivalent work experience
- 2+ years of experience in a reporting role
- Experienced using SQL (Oracle Exadata) and in particular, extracting data with complex queries
- Proficient using SQL Server Reporting Services (SSRS) and/or Tableau
- Strong Excel skills, including pivot tables, lookups, data analysis and data connections
- Advanced analytical skills that demonstrate ability to learn how to navigate systems, access data, reconcile numbers from different sources, identify discrepancies and understand drivers of change within data
- Knowledge of counterparty credit risk and traded products
- Capacity to quickly assimilate complex information and provide analysis tailored to suit the audience
- Displays intellectual curiosity to challenge the status quo and tackle challenging problems
Nice To Haves
- Experience working with Quartz, Zinc and QzTrades
- Knowledge of Bank of America systems – Credit Studio, Zinc, Sparck and CRP
- Knowledge of financial products beyond CCR and traded products
- Experience working with an Agile development process and collaborating with technology partners
- Confident with data management and governance including BCBS 239
Responsibilities
- Supports the development and execution of reporting to allow Risk and business partners to effectively identify and manage risk
- Analyzes trends and supports the data design, portfolio trends, loss trends, and portfolio dynamics to ensure alignment with business strategies
- Provides analytical support on various product strategic initiatives affecting multiple Risk functions and lines of business to ensure company goals are met
- Participates in the development of database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data
- Supports with responding to complex ad-hoc requests for information from both internal and external parties
- Provides support on cross-functional efforts to remediate data quality issues
- Monitors the outputs of controls and investigates alerts from the control checks
- Develop, execute and maintain counterparty credit risk reporting and dashboards.
- Collaborate with reporting stakeholders and technology partners on changes and enhancements.
- Work on ad-hoc business requests by providing appropriate data and analysis, working closely with other teams as necessary.
Benefits
- Access to paid time off
- Resources and support to our employees
- Discretionary incentive eligible
- Eligible to participate in the annual discretionary plan
- Eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
