Risk Process Analyst

4 weeks ago


Chicago, Illinois, United States Bank of America Full time
Job Description:
At Bank of America, we are committed to process excellence and innovation. We are seeking a Risk Process Analyst to join our team in Global Risk Management and Analytics. The successful candidate will be responsible for developing and executing models used for risk and capital management, as well as testing used to evaluate the effectiveness of Bank of America's processes and controls.

Key Responsibilities:
Collaborate with key stakeholders across the Bank to identify risks and prioritize model and testing needs
Document and analyze modeling and testing requirements
Source and evaluate data required for modeling and testing
Design and develop models and tests
Document models and tests in a manner that is clear, concise and repeatable
Use programming skills and knowledge of software development lifecycle principles to write model and testing code
Execute models and tests
Provide reporting of model and test results
Communicate key modeling and testing insights to stakeholders across the Bank

Requirements:
Undergraduate or masters degree from an accredited college or university
GPA of 3.5 or higher is preferred
Common areas of study include but are not limited to: Engineering, Mathematics, Statistics, Physics, Finance, Economics, Computer Science, Data Science, Accounting, Audit Management and Risk Management
High level of intellectual curiosity
Proficiencies in leadership, teamwork, problem solving
Feels ownership and accountability for delivering high quality work, able to prioritize effectively, adapt, and meet strict deadlines
Strong written, verbal, presentation creation and delivery skills
Well organized, and has attention to detail
Microsoft Office suite

Desired Skills and Experience:
Experience applying quantitative methods such as modelling, data analytics, machine learning, and statistics to develop business solutions
Programming skills (e.g., Python) and solid understanding of Software Development Life cycle principles
Knowledge of financial services industry and related regulations
Digital fluency
Experience implementing process improvements and automation
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