Risk Analysis Specialist III- Global Financial Crimes

Bank of America•Charlotte, NC

16d•Onsite

About The Position

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: This job is responsible for performing analytical requests, reporting and analysis, and assisting with modeling activities to help manage risk and minimize credit and operating losses. Key responsibilities include overseeing portfolio trends, developing data sets or queries to extract data, and supporting the production of internal and external reporting needs. Job expectations include effectively driving information and insights which have significantly impact regulatory, financial accountability, and directly impact to business policies and goals. The Financial Crimes Investigations (FCI) Risk Analysis Specialist III plays a critical role in supporting the organization’s efforts to detect, prevent, and mitigate financial crime risks. This position is responsible for partnering with stakeholders to identify data and reporting needs, leveraging advanced analytics and visualization tools to simplify data structures and enhance reporting capabilities. The goal is to deliver actionable insights that improve risk management and compliance with regulatory standards. The specialist will provide data-driven analysis to inform strategic decisions and operational actions across the FCI organization. This role requires close collaboration with business partners to gain a deep understanding of processes, technology infrastructure, data architecture, and control frameworks to ensure accuracy, integrity, and compliance of information. The ideal candidate will thrive in a team-oriented environment, demonstrate strong problem-solving skills, and possess excellent communication abilities—particularly in translating complex analytical findings into clear, concise narratives for senior stakeholders. A natural curiosity, strong business acumen, and self-motivation are essential for success in this role.

Requirements

Business Intelligence
Data Visualization
Issue Management
Project Management
Risk Management
Business Acumen
Continuous Improvement
Risk Analytics
Stakeholder Management
Technical Documentation
Adaptability
Attention to Detail
Data and Trend Analysis
Performance Management
Regulatory Relations
Education: Bachelor’s degree or higher in Finance, Economics, Mathematics, Computer Science, Statistics, Data Science, or related fields.
Experience: Minimum 5+ years of relevant experience in risk analytics, financial crimes investigations, or related domains within banking or financial services.
Technical Expertise: SQL Mastery: Advanced proficiency in SQL for data extraction, transformation, and optimization across complex data environments.
Tableau Expertise: Expert-level skills in Tableau for developing dynamic dashboards and visualizations that translate complex data into actionable insights.
Data Architecture Knowledge: Strong understanding of data modeling, data warehouses, and ETL processes.
Programming Skills: Proficiency in Python or R for advanced analytics and automation; expert-level Excel skills.
Analytical Skills: Ability to interpret large datasets, identify patterns, and communicate findings effectively to technical and non-technical audiences.
Regulatory Knowledge: Familiarity with financial crime compliance frameworks, including BSA/AML, OFAC, FATF guidelines, and industry best practices.
Soft Skills: Strong communication, presentation, and stakeholder management skills; ability to work independently and in a collaborative environment.

Responsibilities

Data Visualization & Storytelling: Transform complex datasets into compelling, executive-ready narratives using Tableau and other BI tools to create intuitive, interactive dashboards that support strategic risk management and regulatory compliance.
Advanced Data Querying: Design, optimize, and implement robust SQL queries to extract, transform, and analyze data across multiple systems and environments.
Risk Analytics & Insights: Deliver actionable insights and recommendations through high-impact presentations to senior leadership, ensuring alignment with business objectives and industry regulations.
Data Transformation & Pattern Analysis: Analyze large datasets to identify trends, anomalies, and emerging risks; summarize insights to inform proactive risk mitigation strategies.
Stakeholder Collaboration: Partner with senior leadership and cross-functional teams to understand business needs and translate them into analytical solutions.
Data Governance & Quality Assurance: Ensure data integrity, accuracy, and compliance with internal policies and external regulatory requirements.
Performance Reporting: Coordinate production of dashboards, scorecards, and performance reports for senior management and regulatory bodies.
Trend Analysis: Monitor and analyze trends in customer behavior, transaction patterns, and risk indicators; recommend strategies to address vulnerabilities.
Develops and executes reporting to allow risk and business partners to effectively identify and manage risk in an effective manner
Identifies trends and manages the data design, portfolio trends, loss trends, and portfolio dynamics to ensure alignment with business strategies
Participates in various product strategic initiatives affecting multiple risk functions and lines of business to ensure company goals are met
Facilitates the development of database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data
Responds to complex ad-hoc requests for information from both internal and external parties
Coordinates cross-functional efforts to remediate data quality issues
Manages the outputs of controls and investigates alerts from the control checks