Risk Management Specialist

3 weeks ago

Jersey City, New Jersey, United States Bank of America Full time

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.

Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

We're devoted to being a diverse and inclusive workplace for everyone.

We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power of making a difference.

Job Responsibilities:

  1. Support the engagement with key stakeholders across GRM to understand current state reporting and metrics processes, and future state needs to evolve a framework for enterprise C&E reporting.
  2. Own and execute the delivery of existing reporting dashboards and lead the improvement of reporting processes.
  3. Plan, direct and coordinate components activities in support of reporting framework and agile solutions to enhance transparency and control.
  4. Coordinate regularly with GRM peers and sponsors, providing informative updates and interpretation across reporting results, and effectively escalating risks, issues, and decisions when appropriate.
  5. Develop climate and environmental risk metrics subject matter expertise to serve as a resource to GRM partners and executives.
  6. Maintain and follow all Single Process Inventory (SPI) and Risk Data Aggregation (RDA) requirements for all reports.
  7. Assist during internal audits and external regulatory exams.

Requirements:

  • Minimum 5 years of experience in financial services industry, risk management, or experience in a related field.
  • Minimum 2 years of experience performing Board-level reporting, Executive-level reporting, or Non-Financial Regulatory Reporting (NFRR).
  • Experience translating complex information into automated, impactful, actionable reporting.
  • Previous experience with Single Process Inventory (understanding of Risk Data Aggregation (RDA) requirements is a plus).
  • Advanced PowerPoint skills, and overall strong experience with MS Office Suite of tools.

Preferred Qualifications:

  • Strong analytical and organizational skills; attention to detail, intellectual curiosity.
  • Superior written and verbal communication skills and experience creating impactful presentations.
  • Demonstrated ability to manage competing and changing priorities.
  • Enthusiasm for climate and environmental risk, and highly motivated to take on new and challenging tasks in dynamic environment.
  • Execution-oriented and results-focused, able to work independently and as part of a team.

Work Environment:

1st shift (United States of America)

40 hours per week

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