Data Support Sr. Analyst

3 weeks ago


Charlotte, North Carolina, United States Bank of America Full time

Job Description:

Global Risk Management (GRM) leads bank-wide initiatives for management of all aspects of risk, including strategic, market, credit, compliance, liquidity, operational, model and reputational risk matters to support sustainable, profitable corporate growth.

In a data driven economy, strategic data asset management is foundational to add to the enterprise value. Within GRM, we have established the Data Strategy & Management (DSM) function. A key pillar of this function is a growing Strategic Coordination and Implementation (SCI) team.

Under DSM Executive s leadership, the SCI team will develop a holistic vision on how best to structure data sourcing and data quality control strategy for GRM so it can unlock business value. This role provides you with a broad platform to build partnerships with business and risk counterparts, a vantage point to explore end-to-end data ecosystems and technologies, and ability to co-develop data solutions for GRM that drive the greatest value across the organization.

ROLE DESCRIPTION
This role will collaborate with the GRM Data Stewards, Data Users, and Data Owners to understand their business processes and data needs to develop business requirements for their strategic data initiatives. You will also engage with the Front-Office Data Strategy Executives and Data Stewards as well as Technology teams to understand GRM and Front Office process, technology and data connections, perform analysis to help devise solutions, and articulate them in the business requirements documents.
You will translate business needs into systems solutions:
Consult with data stewards, process owners, subject matter experts, technical experts, end users and other stakeholders to gather information about the current and target state business process, data attributes and data sources, control features, interfaces with other systems required
Determine points-of-failure at the hand-off points across systems and functions and build requirements for appropriate controls
Work with the GRM and Front-Office stakeholders and to understand current pain points, and assist with root cause analysis on data quality issues to provide strategic solutions
Understand and drive adoption of authorized data sources
Analyze information gathered from multiple sources, reconcile conflicts, segment high-level information into details, and abstract up from low-level information to a general understanding of business requirements
Elaborate the stated requirements to sufficient level of detail that accurately define the business need within the specified solution scope
Validate that requirements meet the business need
Document business, task, and workflow processes using industry standard methods including business process descriptions, use cases, scenarios, diagrams, flow charts, etc., ensuring that these deliverables can be used to design a solution to the stated business problem
Assesses solutions to confirm that the business goals are met and requirements are satisfied, including defining acceptance criteria and monitoring implementation
Confirm that stakeholders have a shared understanding of requirements; manage conflicts and issues to resolution. Obtain needed approval of solution requirements. Ensure that stakeholders have access to business analysis work products
Communicate plans, progress and risks appropriately to the stakeholders and sponsors
Review technical solution designs from a business point of view and recommend alternatives
Serve as a liaison and resource to the Data Stewards, project managers, developers, and other project team members throughout each phase of the process to help clarify and/or resolve issues related to requirement, design, testing and acceptance specifications
Assist in project scoping and planning, and work with the stakeholders to define acceptance tests

YOUR IMPACT
Serve as subject matter expert build deep knowledge of a data domain and supporting systems and data governance
Drive quality and consistency develop standardized templates, tools, design practices to promote high quality deliverables and consistent practices across GRM lines-of-business
Drive data quality in systems design create data flow and system activity diagrams, and write specifications for data and technology enable business processes along with the requirements for robust data quality controls
Drive innovation solve complex data-related problems for GRM process owners using a variety of technical and analytical skills
Own your project manage and monitor project execution from requirements to testing and production working with all the stakeholders across GRM, Business and Technology

Technical Expertise.
Demonstrates the application of innovative technical solutions to solving complex data intensive challenges
Demonstrated Data Analyst or Business Analyst skillset knowledge and application of technical writing techniques for business requirement and functional requirement documents
Has or develops a depth of product understanding, including the ability to conceptualize solutions and employ a structured framework to evaluate features to drive definitive and strategic product decisions
Skilled in fact-finding and data collection
Experience in systems analysis, process analysis, flow charts documentation, software programming
Strong understanding of databases and data structures
Deep understanding of data modeling and data mapping
Understanding of business process modeling, data provisioning modeling, and entity relationship modeling
Comfortable with the application of digital technology and inclusion of controls as part of application design

Execution Expertise:

Ability to drive execution through disciplined oversight
Ability to interpret and evaluate client informational needs and to develop business requirements documents
Strong verbal and written communication skills
Resourceful and knows how to cultivate relationships
Ability to work with a variety of different stakeholders and cross-functional teams
Strong organizational and critical thinking skills
Ability to lead and facilitate meetings and groups
Strong attention to detail and precision
Demonstrates an ability to set objectives and organize work appropriately to meet and exceed goals

Required Qualifications:
Bachelors or Masters in computer science, system analysis or related field

Understanding or experience of programming in SQL, C/C++, Java
Strong process/systems analysis, design and documentation
Strong analytical, critical thinking, and problem-solving skills
Ability to monitor tight deadlines and adapt to unexpected requirement changes
Strong written and verbal communication skills and ability to lead discussions with counterparts
Self-motivated with an ability to work on one s own with a strong sense of ownership and accountability in high-pressure situations

Desired Qualifications:
Familiarity with one of the following areas Trading, Consumer Banking, Wealth Management, Transaction Banking, Compliance Surveillance
Familiarity with databases, such as Oracle, Hadoop, etc.
Experience developing business / technical requirements for data projects

Shift:1st shift (United States of America)

Hours Per Week: 40


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