Risk Analysis Specialist III

Bank of America•Charlotte, NC

About The Position

At Bank of America, this role performs analytical requests, reporting, analysis, and supports modeling activities to help manage risk and minimize credit and operating losses. The specialist oversees portfolio trends, develops datasets and queries to extract data, and supports internal and external reporting needs. The position drives information and insights with significant regulatory and financial-accountability impact and direct effects on business policies and goals. The role develops and maintains operational reporting, dashboards, and analytics supporting Financial Crimes Investigations forecasting, capacity planning, workforce planning, and performance management. It analyzes operational trends, volume drivers, productivity impacts, staffing risks, and factors affecting forecast and capacity-planning outcomes. The specialist validates inputs, conducts scenario analyses, interprets results, and prepares materials for management decisions. The position partners with business, operations, forecasting, technology, and risk stakeholders to turn requirements into reporting and analytical solutions. It creates executive dashboards and visualizations using Tableau, develops automated analytical workflows using Alteryx, applies statistical methods to business metrics, and maintains the accuracy and integrity of reporting through validation, reconciliation, quality reviews, and governance processes. It also supports change management and documentation, improves reporting and analytical processes, and communicates findings, risks, opportunities, and recommendations to stakeholders and senior management. The role is 1st shift and scheduled for 40 hours per week.

Requirements

Bachelor’s degree in Mathematics, Statistics, Data Science, Computer Science, Economics, Finance, Business Analytics, Operations Research, or a related quantitative field, or equivalent experience.
At least five years of business and functional experience.
Advanced proficiency in Alteryx for data preparation, workflow automation, transformation, reconciliation, and reporting-process optimization.
Advanced proficiency in Tableau for dashboard development, data visualization, executive reporting, and performance-management reporting.
Strong SQL skills and experience querying and analyzing large datasets in Teradata, SQL Server, or similar enterprise data environments.
Advanced Microsoft Excel skills, including data analysis, pivot tables, formulas, and scenario analysis.
Strong knowledge of statistical methods and analytical techniques, including trend and variance analysis, forecasting concepts, regression, correlation, sampling methodologies, and performance measurement.
Ability to analyze large datasets and translate complex findings into actionable business insights and recommendations.
Experience supporting reporting, forecasting, workforce planning, capacity planning, or operational analytics.
Strong written and verbal communication skills, including the ability to present complex concepts to technical and non-technical audiences.

Nice To Haves

Experience in Financial Crimes, AML, Compliance, Risk Management, or Banking Operations.
Knowledge of forecasting, workforce planning, capacity planning, and operational performance-management methodologies.
Experience with Financial Crimes data environments and reporting repositories, including FIUDM or comparable platforms.
Experience using Python for reporting automation, analytical processes, forecasting support, or scenario analysis.
Experience with Power BI, SAS, R, or other analytics and visualization tools.
Familiarity with Bitbucket, Git, Jira, or similar change-management and version-control tools.
Understanding of data governance, reporting controls, reconciliation processes, and data-quality management practices.
Experience documenting business requirements, reporting methodologies, and analytical procedures.

Responsibilities

Develop and execute reporting that enables risk and business partners to identify and manage risk.
Identify trends and manage data design, portfolio trends, loss trends, and portfolio dynamics to align with business strategies.
Participate in product strategic initiatives affecting multiple risk functions and lines of business.
Facilitate database production processes and senior-management performance reports using data mining and other advanced analytical techniques.
Respond to complex ad hoc information requests from internal and external parties.
Coordinate cross-functional efforts to remediate data quality issues.
Manage control outputs and investigate alerts generated by control checks.
Develop, maintain, and enhance reporting, dashboards, and analytics for Financial Crimes Investigations forecasting, capacity planning, workforce planning, and performance management.
Analyze operational trends, volume drivers, productivity impacts, staffing risks, and other factors affecting forecasting and capacity planning.
Support forecasting and workforce planning by validating inputs, executing scenario analyses, interpreting results, and preparing management decision materials.
Build management reports, presentations, and ad hoc analyses for business partners, forecasting teams, and senior leadership.
Partner with business, operations, forecasting, technology, and risk stakeholders to translate requirements into reporting and analytical solutions.
Create executive-level dashboards and visualizations using Tableau and automated analytical workflows using Alteryx.
Perform statistical analysis to evaluate trends, relationships, forecast performance, operational drivers, and business metrics.
Ensure reporting accuracy, integrity, and consistency through validation, reconciliation, quality-control reviews, and governance processes.
Support change management and documentation for reporting assets, analytical processes, forecasting methodologies, and reporting controls.
Identify and implement process improvements to increase reporting efficiency and strengthen analytics, forecasting, and capacity planning.
Prepare, distribute, and consolidate recurring weekly, monthly, and quarterly reporting packages.
Communicate analytical findings, risks, opportunities, and recommendations through presentations and executive-ready reporting.