Risk Analysis Specialist II

Bank of America • Jersey City, NJ

9d • $72,000 - $134,400 • 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 and capital management, including risk and capital models and analytical tools for decision-making across the bank. AMG develops alternative models to challenge and benchmark enterprise risk and capital models.

The role drives business support and project management for the team. It manages multiple high-profile technical projects, including model implementation on target-state infrastructure, and supports business management processes. The successful candidate will identify opportunities to automate and improve project and business management processes, work with senior stakeholders, and operate with minimal supervision. The role may expand into other areas of business management and modelling activities, with on-the-job training.

This is a first-shift role based in Jersey City, New Jersey, with 40 hours per week. The listed annualized salary range is $72,000 to $134,400, with offers based on experience, education, and skill set. The role is eligible for an annual discretionary incentive plan and employee benefits, including paid time off.

Requirements

• Demonstrable project management and business management experience.
• Self-motivation, self-direction, and organizational skills, including the ability to manage multiple priorities in a complex, fast-paced environment without sacrificing quality or timelines.
• A control-oriented experience and mindset.
• Willingness to be accountable 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.
• Adaptability.
• Collaboration.
• Continuous improvement.
• Data visualization.
• Project management.
• Business acumen.
• Issue management.
• Regulatory relations.
• Stakeholder management.
• Technical documentation.

Responsibilities

• Manage multiple technical projects concurrently, particularly implementation of models on the organization’s target-state infrastructure, while following team practices and enterprise project governance and change management standards.
• Carry out business management processes as agreed with the Business Management Lead.
• Use strong project management practices to support delivery and provide project management expertise to modelers.
• Provide PMO capabilities across AMG teams, including JIRA task quality assurance and quality control, 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 managing routines.
• Identify opportunities to automate 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.

Benefits

• Industry-leading benefits.
• Paid time off.
• Eligibility to participate in an annual discretionary incentive plan, with awards based on individual performance and behaviors, line-of-business or group performance and contributions, and overall company success.

What This Job Offers

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