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Bank Of America Risk Process Analyst United States, Georgia, Atlanta 896729652
Job Description:
Job Description:
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 Risk Process Analyst works closely with teammates in GRA/EIT as well as process owners in the Lines of Business and Enterprise functions to obtain an understanding of processes, including underlying data, flows, and controls, and to identify risks to successful execution, so that appropriate testing and monitoring can be developed. Examples of day-to- day responsibilities a Risk Process Analyst may perform include:
- Collaborate with key stakeholders across the Bank to identify risks and prioritize testing needs
- Document and analyze testing requirements
- Source and evaluate data required for testing
- Design and develop tests
- Document tests in a manner that is clear, concise and repeatable
- Use programming skills and knowledge of software development lifecycle principles to write testing code
- Execute tests
- Provide reporting of test results
- Communicate key testing insights to stakeholders across the Bank
Required Education
- Undergraduate or masters degree from an accredited college or university
- GPA of 3.5 or higher is preferred
- Common areas of study include but are not limited to: Engineering, Mathematics, Statistics, Physics, Finance, Economics, Computer Science, Data Science, Accounting, Audit Management and Risk Management
Required Skills
- High level of intellectual curiosity
- Proficiencies in leadership, teamwork, problem solving
- Feels ownership and accountability for delivering high quality work, able to prioritize effectively, adapt, and meet strict deadlines
- Strong written, verbal, presentation creation and delivery skills
- Well organized, and has attention to detail
- Microsoft Office suite
Desired Skills and Experience
- Experience applying quantitative methods such as modelling, data analytics, machine learning, and statistics to develop business solutions
- Programming skills (e.g., Python) and solid understanding of Software Development Life cycle principles
- Knowledge of financial services industry and related regulations
- Digital fluency
- Experience implementing process improvements and automation
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