• Job Description

  Req#: 25026889

  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 ensuring operational data is fit for purpose, defining controls, and monitoring processes are in adherence to enterprise data management standards. Key responsibilities include triaging and remediating data incidents, performing data analysis, training new users, and performing impact analysis stemming from data updates. Job expectations include helping in defining access and ownership of data by domain, conducting quality control, and overseeing data maintenance.

  Responsibilities:

  • Ensures data is accurate, complete, and fit for performing data analyses through various testing procedures and data controls which help to identify business insights fit for purpose for a particular product set

  • Develops and executes on Enterprise Data Management policies and standards, works across teams to ensure adherence, serves as a key point of contact for all topics related to data compliance, and manages operational elements of the (Enterprise Data Strategy Governance and Operations (EDSGO) relationship

  • Manages data related incidents and identifies, communicates, and resolves or escalates issues as needed. Data inquiries include questions related to data issues, availability of data, and potential sourcing alternatives to inform

  • Develops, manages, and executes on controls, ensuring tracking, monitoring, and resolution of any control breaches with data platform

  • Partners with Business and Technology functions to drive the development of business and functional requirements documents and ensures strategic upstream resolution for data related incidents

  Additional responsibilities include:

  • Supports initiatives by identifying potential procedural updates, test script updates, and data discrepancies to enhance QA program success

  • Supports operational research required for regulatory exams, internal audits, and other monitoring and inspection reviews and captures data and information relevant to inspection metrics to support governance activities for dashboard reporting

  Required Qualifications:

  • At least 3 years experience in a credit, data, or analytical role.
  • Ability to source and review loan documentation to assess the accuracy of data across all Enterprise Credit Lines of Businesses
  • Enterprise Credit experience, including underwriting experience and/or familiarity with Enterprise Credit policies and procedures
  • Familiarity with Enterprise Credit systems (e.g. GUS, LIQ, CreditCenter, EDR and/or SQUIRREL)

  • Strong technical experience leveraging SQL, PivotTables, Alteryx and/or Tableau to analyze and review large datasets

  • Highly organized; able to effectively prioritize and balance multiple projects/testing efforts in a fast-paced, regulatory driven environment
  • Strong interpersonal skills with proven ability to influence and partner with teammates across functional and organizational boundaries
  • Ability to navigate the enterprise to research and source information across the bank
  

  Desired Qualifications:

  • Prior experience with 14Q Schedules H.1/H.2 (CORP/CRE) and Shared National Credit (SNC) regulatory reporting requirements strongly desired

  Skills:

  • Issue Management

  • Policies, Procedures, and Guidelines Management

  • Data Collection and Entry

  • Data Modeling

  • Data Management

  • Data Governance

  • Data and Trend Analysis

  • Data Quality Management

  • Analytical Thinking

  • Collaboration

  • Controls Management

  • Regulatory Compliance

  • Production Support

  • Solution Design

  • Business Acumen

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

  Pay Transparency details

  US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110)

  Pay and benefits information

  Pay range

  $86,000.00 - $132,100.00 annualized salary, offers to be determined based on experience, education and skill set.

  Discretionary incentive eligible

  This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

  Benefits

  This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

• 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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