Risk Analysis Specialist II

Bank of America•Charlotte, NC

2d•Onsite

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. This job is responsible for managing data processes, controls, and governance to enable key risk, finance, and LOB partners to monitor, report, and manage credit risk as well as other risk functions. Key responsibilities include building, maintaining, controlling Credit Risk data processes, reviewing data and control results, researching and escalating issues, supporting processes improvements, and driving data solutions for key partners. Job expectations include working with Technology to implement changes necessary to support ongoing data needs.

Requirements

5+ years of related experience in data management, risk, analytics, modeling, or governance role
Expertise in Excel, SQL, SAS and/or other data analysis tools
Strong analytical, problem solving, and execution skills needed to perform complex data analysis
Demonstrated success driving results as a self-directed, proactive individual contributor
Able to influence business and technology functions while working in a matrixed work environment
Demonstrated ability to multi-task in a fast paced environment, adapt to changing requirements, manage multiple tasks, work well under pressure and garner consensus from multiple partners
Excellent verbal and written communication skills with ability to transform complex concepts into simple and easy to understand presentations and target messaging to diverse audiences
Results oriented with demonstrated ability to drive action and sustain momentum to quickly develop subject matter expertise across a broad spectrum of issues

Nice To Haves

Bachelor's Degree
Finance background
General understanding of Credit Risk
Global Risk Management background

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
Perform complex analysis and engage in operational and analytical support for Credit Risk data, modeling, and reporting groups across the enterprise.
Building, maintaining, controlling Credit Risk data processes
Reviewing data and control results
Researching and escalating issues
Supporting processes improvements
Driving data solutions for key partners