• Job Description

  Req#: 25028296

  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. 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:
  This job is responsible for performing more complex analysis and modeling to minimize loss exposure and negative impacts to the customer experience. Key responsibilities include utilizing a variety of systems such as Excel, SAS, SQL, Tableau, and other relational data bases to provide analytical support on strategies, ensure goals are met, and propose policy and procedural changes within segmentation structures to produce optimal results. Job expectations include evaluating data to assess potential fraud risk and create mitigation strategies.

  Responsibilities:

  • Recommends ways to help the business achieve desired outcomes and make informed business decisions using data analysis outputs

  • Performs complex analysis of financial models, market data, financial data, and portfolio trends to understand product performance and improve portfolio risk, profitability, performance forecasting, and operational performance

  • Leads coordination of the production of product performance reports and updates for senior management

  • Responsible for performing complex analysis

  • Utilizes a variety of systems including, but not limited to Excel, SAS, and Visio at an intermediary level

  • Provides analytical support on various strategies to ensure company goals are met

  • Work closely with business partners to define strategies for solutions, determine requirements and develop functional designs based on analysis of business needs, objectives, and existing system infrastructure

  • Partner closely with line of business, technology teams, and vendors to ensure requirements and functional design are translated accurately into working designs and that test plans/scripts meet the business needs

  • Works under minimal supervision

  Required qualifications:

  • 1+ years of experience in risk analytics or related technology role

  • Strong analytical and logical reasoning ability

  • Experience working with Power Curve decision engine or similar rules engine/scripting solution (Pega/ODM/SAS/SQL/Groovy etc.)

  • Knowledge of Consumer Secured Credit Lending Products – (CVL or First Mortgage or Home Equity)

  • Creative thinker capable of building new processes and solving complex problems

  • Able to quickly comprehend business objectives and translate to business/system requirements to meet them

  • Able to manage work to meet deadlines and manage multiple competing priorities effectively

  Desired qualifications:

  • Project Management experience

  • Proven technical ability as demonstrated through related work experience

  • Experience with Bank of America’s Enterprise Change Policy and procedures

  • Proficient in MS Office applications (Excel, PowerPoint, and Word) and Project

  Skills:

  • Business Analytics

  • Business Intelligence

  • Data Quality Management

  • Fraud Management

  • Monitoring, Surveillance, and Testing

  • Collaboration

  • Data Visualization

  • Oral Communications

  • Problem Solving

  • Written Communications

  • Analytical Thinking

  • Critical Thinking

  • Data and Trend Analysis

  • Innovative Thinking

  • Research

  • Self-Starter

  • Strong Time Management

  • Testing Skills

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

• About the company

  Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

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