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Bank Of America Sr Data Architect 
United States, North Carolina, Charlotte 
612049735

25.06.2024

Job Description:

Job Description:
This job is responsible for the execution of data architectural solutions for complex initiatives that span multiple Lines of Business and control functions. Key responsibilities include facilitating solution driven discussions, working with stakeholders to support adherence to the enterprise data management policy and standards, and supporting architecture design reviews to ensure integration of data architecture principles in technology solutions. Job expectations include educating data management teams on enterprise data architectural principles and data management processes and routines.

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 they build address both internal and regulatory requirements, and are responsive to the changing nature of portfolios, economic conditions, and emerging risks. In executing their activities, GRA and EIT drive innovation, process improvement and automation.

Responsibilities:

  • Design and manage testing based on Enterprise needs for pre-submission testing of 14 Q/M, FFIEC 031, etc. regulatory reports
  • Experience in the financial services working with large banking clients extensively on engagements involving regulatory reporting system testing and implementation, regulatory data quality, report assurance.
  • Thorough understanding of Regulatory Capital Framework, BASEL III standardized and advanced approaches, Country Risk Reporting, Liquidity Reporting, RWA Calculations and Interpretations
  • In Depth familiarity with either or consumer and Commercial credit products preferably with a Tier 1 bank in North America
  • Involved in regulatory reporting system testing and implementation, regulatory data quality, report assurance
  • Evolve testing methods and processes in support of Op Ex including increasing efficiency and coverage while reducing stakeholder impacts
  • Manage ad hoc efforts (projects, etc.) and SIAI/audit issues from initiation through completion
  • Manage and develop a robust and nimble team and drive the transformation of skillsets to support new testing approaches
  • Accountable for quality testing execution, reporting and analysis of results
  • Manage the relationship with external consultants, front line unit (FLU) /Control Function (CF) Compliance and Operational Risk groups
  • Participates in routines involving senior leaders across Enterprise Independent Testing (EIT), Enterprise Data Strategy, Global Compliance and Operational Risk (GCOR), Global Risk Management, CFO Group, Technology & Operations to share testing progress, results and assist with strategic planning efforts
  • Participates in routines involving FLU/CF, Compliance and regulatory agencies and interact with senior auditors both verbally and in writing


Skills:

  • Architecture
  • Business Analytics
  • Critical Thinking
  • Data Management
  • Data Visualization
  • Consulting
  • Data Modeling
  • Process Design
  • Regulatory Compliance
  • Risk Management
  • Cloud Solutions
  • Collaboration
  • Data Governance
  • Talent Development
  • Technical Strategy Development

Required Skills:

  • 7+ years of experience in Regulatory & Legal Support on risk data and regulatory matters; covering assessment, design, and implementation of regulatory report production processes
  • Performed various assurance activities to identify and analyze the gaps in the reporting, e.g., FR Y 9C, FR Y-15, FFIEC 031, FFIEC 009, FR 2052a and FR Y 14Q.
  • Test management (focus on sampling, test objectives/ conclusions, test results interpretation, etc.) experience
  • The assurance activities involves Conformance Testing and Transaction Testing.
  • Quality assurance activities involving the testing of end-to-end data flow, transformations and logic implemented in different reporting tools such as AXIOM and OFSAA.
  • Strong oral & written communication skills and comfortable presenting to a wide variety of audiences
  • Comfortable leading and influencing with and without direct authority
  • Resourceful/ proactive in situations when not all information is available or there is no apparent “right” answer
  • Strong focus on Risk Management
  • Capable to navigate conflict to enable productive solutions
  • Close attention to detail

Desired Experience:

  • Bank Domain Knowledge
  • Strong analytical skills including excel skills (vlookup, pivot and other excel analytics features)
  • Experience as part of an Audit organization or a deep history of interactions with Audit (Internal and External)
  • Strong Project Planning/Management
  • Basic knowledge of Tableau and/or other reporting tools
  • Process development
  • Familiarity Policy/Governance and Data Related Laws, Rules, Regulations
1st shift (United States of America)