Risk Analysis Specialist II

Job Description:

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

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 supporting data and technology requests, complex reporting and analysis, and modeling to manage risk and minimize credit and operating losses. Key responsibilities include reviewing and analyzing portfolio trends, supporting the development of more complex databases or queries to extract data, and supporting the production of data for internal and external reporting needs. Job expectations include working with Technology to implement changes necessary to support ongoing data needs.

Responsibilities:

• Supports the development and execution of reporting to allow Risk and business partners to effectively identify and manage risk
• Analyzes trends and supports the data design, portfolio trends, loss trends, and portfolio dynamics to ensure alignment with business strategies
• Provides analytical support on various product strategic initiatives affecting multiple Risk functions and lines of business to ensure company goals are met
• Participates in the development of database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data
• Supports with responding to complex ad-hoc requests for information from both internal and external parties
• Provides support on cross-functional efforts to remediate data quality issues
• Monitors the outputs of controls and investigates alerts from the control checks

The Consumer and Small Business Credit Risk Data, Reporting, and Operations team’s purpose is to deliver repeatable, sustainable, and well‑controlled processes that meet our partners’ needs with efficiency, continuous improvement, and innovative thinking. Information focuses on Consumer and Small Business products such as Credit Cards, Home Loans, Consumer Vehicle Lending, Deposits, and Small Business products.
This position includes the development, production, and analysis of credit risk data and reporting while ensuring adherence to governance requirements and bank policies. Key responsibilities include extracting data from complex databases, design and development of innovative internal and external reports, and conducting analytics to facilitate excellent management of credit risk while working with business partners.

• Produce production-critical monthly and quarterly reports that deliver actionable insights for leadership and stakeholders.
• Development and production of credit risk reports using tools such as SAS, SQL, Tableau, and others.
• Work with business partners to understand reporting usage, develop enhancements, and ensure timely delivery to meet stakeholder needs.
• Design robust, well-documented end to end process that ensure repeatability and implement controls to deliver reports that are fit for use.
• Extract, transform, and validate data from multiple sources, performing audit-level QA and validations to ensure data integrity and compliance.
• Demonstrate a strong understanding of data, metrics, and their interconnections, enabling accurate interpretation and communication of insights.

Required Skills:

• Bachelor’s degree
• 2+ years of Reporting/Data Management experience
• Strong SAS/SQL experience
• Strong analytical skills
• Strong verbal and written communication skills
• Ability to perform data QA, audit-level validations, and ensure governance compliance
   

Desired Skills:

• GRM experience

Skills:

• Attention to Detail
• Business Intelligence
• Data and Trend Analysis
• Risk Analytics
• Risk Management
• Adaptability
• Collaboration
• Continuous Improvement
• Data Visualization
• Project Management
• Business Acumen
• Issue Management
• Regulatory Relations
• Stakeholder Management
• Technical Documentation

Shift:

1st shift (United States of America)

Hours Per Week: 

40