Bank Of America Risk Analysis Specialist 

United States, Illinois, Chicago 

859976588

As a Risk Analysis Specialist on the Data Controls & Integrity (DCI) team, your main responsibilities will involve:
• Track and escalate any data quality issues impacting collateral enforceability and Bankruptcy remote Initial Margin.
• Systematic implementation of legal opinions around the Bankruptcy remoteness of initial margin (cleared and un-cleared products).
• Prepare reports summarizing business and control results for a senior audience.
• Work closely with business partners across lines of business and risk Control functions e.g. Wholesale Credit and Risk, Capital Markets Risk, Capital Balance Sheet Management, Client On-Boarding, Legal, Agreements and Documentation Teams, Middle office and Technology.
• Challenge existing processes to develop synergies, ensure alignment, and strengthen controls.
• Write Business Requirements and Perform User Acceptance Testing for the implementation of legal opinions.

• Bachelor's Degree in related field
• 2-5 years experience in the financial services industry (Large banks, brokers-dealers, hedge funds, or financial/data intermediary)
• Working experience in a related field (Market Risk, Middle Office, or Counterparty Credit Risk)
• Strong analytical skills with Traded Products knowledge, and exposure to Credit Risk and Basel rules
• Advanced proficiency in MS Office suite is critical
• Understanding of ISDA Master Agreement’s, and Collateral Support Annexes, documentation standards and negotiations
• Excellent verbal and written communication skills
• Candidate must be able to manage time sensitive issues, prioritize multiple processes and projects, and articulate thought process for decision-making
• Experience with Data Incident Tracking tools such as JIRA/eDIM

• Master's Degree in related field
• Proven programming skills (Python, Tableau, C++, SQL, or equivalent object-oriented programming) a plus
• Prior experience in Data science, data operations or data analysis is preferred