Bank Of America Sampling Methodology Oversight Senior Analyst 

United States, North Carolina, Charlotte 

100366040

Job Description:

Organization Overview:
Global Risk Analytics (GRA) and Enterprise Independent Testing (EIT) are sub-lines of business within Global Risk Management (GRM). Collectively, they are responsible for developing a consistent and coherent set of models, analytical tools, and tests for effective risk and capital measurement, management and reporting across Bank of America. GRA and EIT partner with the Lines of Business and Enterprise functions to ensure the capabilities it builds address both internal and regulatory requirements, and are responsive to the changing nature of portfolios, economic conditions, and emerging risks. In executing its activities, GRA and EIT drive innovation, process improvement and automation.

Role Overview:
The Senior Analyst Role’s responsibilities include:

• Play a critical role in implementing and improving the EIT sampling methodologies commensurate with the risk and control profile across various business lines and product portfolios. Focuses on sampling effectiveness and efficiency

• Assist senior management in installing proactive sampling controls surrounding test data sourcing and sampling. Provides ongoing sampling oversight support and analysis

• Provide independent evaluation and/or consultation on sampling practices and data sourcing process. Validate the current risk and compliance procedures and identify probable gaps and issues in the existing procedures

• Identify potential areas for process improvement or upgrade and proposes actionable resolution

• Drive remediation plans so that any deficiencies identified will be addressed properly by responsible parties. Tracks and reports on remediation activities for performance metrics

• Provide analytical or quality assurance (QA) support to other EIT priorities and initiatives to address critical or urgent risk issues

• Deliver to high volumes and/or fast-paced production targets with productivity and accuracy

Required Education & Experience:

• Post-Graduate degree in an analytical focused subject, e.g. Statistics, Mathematics, Economics, Finance or Business Management with a quantitative concentration

• 3+ years of experience with business or risk analytics

Required Skills:

• Strong analytical thinking andquantitative/qualitativeskills

• Advanced knowledge and skills in data sciences/analytics and sampling techniques

• Strong coding skills in one of Bank’s common programming languages, e.g. SQL, Python, VBA, Tableau or SAS. High proficiency with Excel pivot tables, formulas and/or Macros.

• Deliver high-quality results under pressure and in a fast-paced or changing environment. Strong project and/or pipeline management skills

• Excellent attention to detail and time management

• Self-starter and problem solver

• Applies critical thinking and connects the dots on how processes relate to one another

• Demonstrates ownership and accountability for delivering high quality work, able to prioritize effectively, adapt, and meet strict deadlines

• Sees opportunities, risks, and connections while engaging with others across different functions and connecting the dots across the organization

• Strong written, verbal and delivery skills.

• Strong Partnership and Influencing Skills

• Ability to think independently, solve complex problems, and suggest solutions.

• The ability to adapt to change, drive collaboration and excel in problem solving.

• Proficient in the Microsoft suite