Risk Process Analyst

Risk Process Analyst

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities, and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description

The Risk Process Analyst is responsible for supporting the development and execution of capabilities that include models, analytical tools, and tests used for risk management. Key responsibilities include obtaining an understanding of Bank-wide processes, including their risks, underlying data, and process steps, and using that knowledge to build capabilities for the Front Line Units / Control Functions to better manage their risk and operational effectiveness. This role supports other risk analysts and managers to complete a set of tasks aligned to risk and data management.

Required Education

Bachelor's or master's 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.

Required Skills

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 modeling, data analytics, machine learning, and statistics to develop business solutions. Programming skills (e.g., SQL, 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. Global Financial Crimes experience. CAMS Certification.

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.