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Risk Analysis Specialist

Charlotte, North Carolina

Job Description:

Bank of America is looking for a Risk Analysis Specialist to join the Global Risk Analytics (GRA) team. GRA is responsible for developing models and analytical tools for the facilitation of Risk and Capital measurement, management, and reporting.

Responsibilities to include, but not limited to, the following:

  • Provides ongoing monitoring reports for critical consumer credit models for Mortgage, Card, Consumer Vehicle Lending, Deposit Overdraft, etc.
  • Analyze and summarize results of ongoing monitoring of model performance
  • Understand and able to provide proactive diagnosis to the model input and output
  • Evaluates and Analyzes processes and program procedures to identify issues and opportunities
  • Be able to work independently on projects with strict deadlines.
  • Interface with a wide audience including peers, senior management, Model Risk Management, model developers, model implementation group, Forecast Administrators, Risk Technology, project managers, Lines of Business.

Other functions the candidate may participate in directly or indirectly are:

  • coordination and management of key projects
  • governance
  • audit/compliance
  • business continuity

Required Experience

  • STEM bachelor degree or a degree in Finance
  • Demonstrated experience & competence in programming using SQL, Python
  • Strong communication skills – written / oral
  • Passion and drive for operational excellence and quality delivery

Desired Skills:

  • Master degree preferred but not required
  • Experience having worked in modelling or data  environment
  • Experience with Hadoop, R, LaTeX, Reporting Tools
  • Consumer product exposure or experience

Responsible for performing more complex analysis and is engaged in the development of modeling that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposures. Provides analytical support on various product strategies to ensure company goals are met. Coordinates the production of performance reports for Senior mgt. Reviews and analyzes trends in current population distributions and recommends strategies. May participate in or develop more complex program models to extract data and use databases to provide statistical and financial modeling. Analyzes portfolio trends, concerning credit score cutoffs, loss trends, portfolio dynamics, and bureau scoring criteria. Will participate in the rollout of company-wide pilot programs developed as a result of programmed models. Duties primarily include the regular use of discretion and independent judgment. Programming experience such as SAS, SQL or Micro Strategy and Master's Degree or large data experience preferred. 2-5 year experience


1st shift (United States of America)

Hours Per Week: 


Learn more about this role

Full time


Manages People: No

Travel: No


Talent Acquisition Contact:

Referral Bonus:

Street Address

Primary Location:
100 N TRYON ST, NC, Charlotte, 28255