Risk Analysis Specialist I

2 days ago


Jersey City, New Jersey, United States Bank of America Full time
Job Title: Risk Analysis Specialist I

Bank of America is seeking a highly skilled Risk Analysis Specialist I to join our Global Risk Analytics team. As a Risk Analysis Specialist I, you will be responsible for analyzing and modeling financial risk to help maximize profits and minimize credit and operating losses.

Key Responsibilities:

  • Analyze and model financial risk to identify potential areas of exposure
  • Develop and implement risk management strategies to mitigate potential losses
  • Collaborate with cross-functional teams to ensure effective risk management practices
  • Provide analytical support on various product strategies to ensure company goals are met
  • Coordinate the production of performance reports for senior management

Requirements:

  • BS in Computer Science, Financial Engineering, or a STEM field
  • 2-5 years' experience in the financial services industry
  • Basic proficiency in MS Office suite
  • 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

Desired Skills and Experience:

  • Proven programming skills (Python, Tableau, SQL, and object-oriented programming)
  • Prior experience working in Quartz development in Bank of America in a developer role is a plus
  • Basic understanding of traded products in global markets, counterparty credit risk, collateral, netting, and exposures is beneficial


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