Senior Data Analyst - Sanctions Filter Support
About The Position
The Senior Data Analyst supports Bank of America’s Sanctions Screening Center of Excellence (SSCoE), part of Global Payment Operations. The role helps ensure operational data is fit for purpose and compliant with enterprise data management standards by defining controls, monitoring processes, analyzing data, and resolving data incidents. The SSCoE reviews customers and transactions to support compliance with the bank’s Economic Sanctions Program and provides capabilities across the bank’s lines of business. The primary focus is creating and updating business rules to reduce false-positive sanctions alerts and improve the efficiency and effectiveness of alert review. The analyst also supports project initiatives, sanctions-platform onboarding, data mapping, ad hoc analysis and reporting, and technology changes. The role partners with Business and Technology teams to define requirements, test changes, maintain data quality and controls, and address data-related incidents and compliance needs.
Requirements
- Bachelor’s degree in Computer Science, Data Management, Statistics, or a related field, or equivalent work experience.
- Intermediate knowledge of SQL and experience using tools such as TOAD.
- Awareness of AI and machine-learning concepts and ability to implement related strategies.
- Experience in data analytics and interpreting large volumes of data.
- Scripting experience in a language such as Python, Java, or VB.
Nice To Haves
- Expert knowledge of SQL and use of tools such as TOAD.
- Data transformation and formatting experience, including working with data in different formats.
- Knowledge of Economic Sanctions program requirements.
- Experience with Global Banking & Markets business processes.
- Experience with sanctions-screening applications such as Fircosoft and/or NetReveal.
- Logical thinking and a technical mindset.
- Advanced knowledge of Microsoft Excel and MS Access.
- Knowledge of Power BI or Tableau.
- Ability to prioritize, take initiative, make quick decisions, adapt, and work independently.
- Ability to work remotely with globally distributed teams, under pressure, meet deadlines, and navigate change.
- Ability to work and interact with people from diverse backgrounds and opinions.
Responsibilities
- Create and update business rules to minimize false-positive sanctions alerts and improve alert-review efficiency and effectiveness.
- Manage multiple ongoing initiatives by participating in project calls, understanding sanctions-related needs, providing requirements, and tracking project status.
- Analyze alerts daily and develop strategies to reduce false positives using pattern-matching and trend-analysis techniques.
- Support onboarding of applications and clients to the sanctions-screening platform by discussing data with lines of business and mapping it to accepted standard formats.
- Query and analyze data for ad hoc needs and generate reports for the team.
- Work with technology teams on requirements, testing, and implementing changes to improve or automate Center of Excellence processes.
- Ensure data is accurate, complete, and fit for analysis through testing procedures and data controls.
- Develop and execute Enterprise Data Management policies and standards, promote adherence across teams, serve as a contact for data-compliance topics, and manage operational elements of the EDSGO relationship.
- Manage data-related incidents and identify, communicate, resolve, or escalate issues involving data quality, availability, and sourcing alternatives.
- Develop, manage, and execute controls, including tracking, monitoring, and resolving data-platform control breaches.
- Partner with Business and Technology functions to develop business and functional requirements and pursue strategic upstream resolutions for data-related incidents.
Benefits
- Industry-leading benefits.
- Access to paid time off.
- Resources and support for employees.
- Eligibility to participate in an annual discretionary incentive plan, with awards based on individual performance and behavior, line-of-business or group performance, and company success.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
