Risk Process Analyst

Bank of America•Charlotte, NC
•Onsite

About The Position

This role supports the development and execution of risk-management capabilities, including models, analytical tools, and tests. The analyst builds understanding of bank-wide processes, their risks, underlying data, and process steps, then uses that knowledge to develop capabilities that help Front Line Units and Control Functions manage risk and operational effectiveness. The work includes documenting and analyzing modeling and testing requirements, sourcing and evaluating data, and designing, developing, and executing models and tests. The analyst documents work clearly and repeatably, reports results, and communicates insights to stakeholders across the Bank.

Requirements

  • Must be a current Year Up intern at Bank of America.
  • Attention to detail.
  • Prioritization.
  • Risk management.
  • Business process analysis.
  • Monitoring, surveillance, and testing.
  • Risk analytics.
  • Business acumen.
  • Innovative thinking.
  • Negotiation.
  • Programming skills and knowledge of software development lifecycle principles.

Responsibilities

  • Apply EIT/GRA Core Skills, including critical thinking, decisiveness, enterprise and matrix management, proactivity, project management, risk management, adaptability, collaboration, and customer and client focus.
  • Document models and tests clearly, concisely, and repeatably.
  • Use programming skills and software development lifecycle principles to write model and testing code.
  • Execute models and tests.
  • Report model and test results.
  • Communicate key modeling and testing insights to stakeholders across the Bank.
  • Demonstrate effective written and verbal communication, control rigor, and discipline.
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