Reporting & Governance Sr Analyst

Bank of America

3.2

(114)

Multiple Locations

Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
  • #JR-24038297

    Position summary

    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 to make a difference. Join us!

    Job Description:
    Works with senior management and other team members to implement enhancements to reporting and analysis packages for senior management forums and committees plus the implementation of improved reporting and data mining tools and metrics. Ensures that the team produces regulatory and economic risk capital reports and data inputs respectively. Produces regularly scheduled reports including stress and back testing and responds to ad hoc reporting and analysis requests. May manage a small team of analysts or own key reports and or processes. Strong finance, risk or compliance background with quantitative skills preferred.

    Global Markets Risk Management serves as independent market risk oversight of the Firm's trading activities. The Global Market Risk Stress Testing team within this organization is responsible for the implementation and management of critical enterprise processes and analysis to support the global markets business and senior risk management.

    The team is seeking a highly motivated individual to support regulatory reporting (FR Y-14Q Schedule F) associated with market risk stress testing. The candidate will support both ongoing BAU and initiative / improvement work in this reporting schedule. The candidate in this role will have a wide range of responsibilities from supporting the end-to-end report production process, running a suite of controls on the final report, responding to ad hoc questions from senior leaders and regulators, maintaining process and control documentation and driving improvements in the overall process.

    This work will require extensive engagement across risk functions and other partners across the Firm. The candidate will also be a key participant in compliance, audit and regulatory testing related to the reporting schedule.

    Primary Responsibilities include:
    a. Ownership of the end-to-end report production process
    b. Maintaining a strong control environment for the reporting process
    c. Fielding ad-hoc questions on reports from regulators, internal senior risk leaders, and audit partners
    d. Working with technology and data partners to correct issues and enhance functionality
    e. Maintain and develop documentation on processes

    Required skills:
    -- Incumbents typically have 5 years of experience in the financial industry, ideally with knowledge of market risk concepts
    -- Very high level of Microsoft Excel proficiency
    -- Highly motivated individual who fully understands the demands of a market risk professional with ability to work in a fast-paced environment
    -- Highly proficient at communication with ability to influence co-workers across our global team and all levels of the organization
    -- Intellectually curious with the ability to investigate and develop root cause analysis for issues and propose corresponding process or technology changes
    -- Effective time management skills, with the ability to manage multiple high priority deliverables simultaneously
    -- Attention to detail

    Desired skills:
    -- Familiarity with market risk metrics like Value-at-Risk (VaR), greeks and stress testing
    -- Academic achievement in quantitative disciplines such as mathematics or statistics
    -- Understanding of traded products across all asset classes
    -- Familiarity with coding, Python or SQL

    Skills:

    • Attention to Detail

    • Data Quality Management

    • Data and Trend Analysis

    • Prioritization

    • Reporting

    • Analytical Thinking

    • Continuous Improvement

    • Problem Solving

    • Risk Management

    • Written Communications

    • Business Process Analysis

    • Controls Management

    • Data Visualization

    • Process Design

    • Regulatory Relations

    Shift:
    1st shift (United States of America)

    Hours Per Week:
    40

    Learn more about this role

    Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.