Risk Analysis Specialist III

Bank of America•Charlotte, NC

14h

About The Position

At Bank of America, this role performs analytical requests, reporting and analysis, and assists with modeling activities to help manage risk and minimize credit and operating losses. It oversees portfolio trends, develops datasets and queries to extract data, and supports internal and external reporting. The role drives information and insights that can affect regulatory and financial accountability as well as business policies and goals. The position develops operational reporting, dashboards, and analytics supporting Financial Crimes Investigations forecasting, capacity planning, workforce planning, and performance management. It analyzes operational trends and drivers, validates forecasting inputs, performs scenario analyses, and prepares materials for management decisions. The role collaborates with business, operations, forecasting, technology, and risk stakeholders; builds executive-level visualizations and automated workflows; and ensures data accuracy through validation, reconciliation, quality reviews, and governance processes. It also supports documentation and change management, improves reporting and planning processes, and communicates findings and recommendations to stakeholders and senior leadership.

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 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, 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 across risk functions and lines of business.
Facilitate database production processes and senior management performance reports using data mining and 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 from control checks.
Develop, maintain, and enhance operational 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 decision-making 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 business requirements into reporting and analytical solutions.
Create executive-level Tableau dashboards and visualizations and develop automated analytical workflows using Alteryx.
Perform statistical analysis of trends, relationships, forecast performance, operational drivers, and other business metrics.
Ensure reporting accuracy, integrity, and consistency through data 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 enhance reporting efficiency, analytical capabilities, forecasting, and capacity planning.
Prepare, distribute, and consolidate recurring weekly, monthly, and quarterly reporting packages for operational performance and workforce planning.
Communicate analytical findings, risks, opportunities, and recommendations through presentations and executive-ready reporting.