girl looking into her desktop
Back to search results

Project Manager

Charlotte, North Carolina;

Job Description:

Overview of Global Risk Analytics
Bank of America Merrill Lynch has an opportunity for a B5 Project Manager within our Global Risk Analytics (GRA) function. GRA is a sub-line of business within Global Risk Management (GRM). GRA is responsible for developing a consistent and coherent set of models and analytical tools for effective risk and capital measurement, management and reporting across Bank of America. GRA partners with the Lines of Business and Enterprise functions to ensure that its models and analytics address both internal and regulatory requirements, such as quarterly Enterprise Stress Testing (EST), the annual Comprehensive Capital Analysis and Review (CCAR), and the Current Expected Credit Losses (CECL) accounting standard.  GRA models follow an iterative and ongoing development life cycle, as the bank responds to the changing nature of portfolios, economic conditions and emerging.  In addition to model development, GRA conducts model implementation, data management, model execution and analysis, forecast administration, and model performance monitoring. GRA drives innovation, process improvement and automation across all of these activities.

Overview of the Team
Overview of Enterprise Risk Analytics
As a part of Global Risk Analytics (GRA), Enterprise Risk Analytics (ERA) is responsible for the development of cross-business holistic analytical models and tools. ERA consists of the following teams:
• Economic Scenario Generation (ESG) provides consistent and granular scenario generation capabilities for economic and market variables that enable multiple “what-if” outcomes for government regulators and other business uses.
• Enterprise Portfolio Analytics (EPA) provides portfolio surveillance visualization tools, utilizing advanced analytics (artificial intelligence/machine learning/natural language processing), to provide decision making support around the credit cycle, geo-intelligence, and thematic “what-if” analyses. EPA’s tools also support Enterprise strategic risk appetite and limits decisions for the bank’s risk and capital frameworks.
• Concentration Risk provides capital estimates to support annual regulatory requirements and legal entity-level capital management using tools and techniques focused on identification, measurement, and mitigation of concentration risks across countries, regions, sectors, and industries.
• Enterprise Capital Risk Analytics manages model performance monitoring and capital model issue resolution.
• Compliance Modelling & Analytics supports Enterprise needs around Fair Lending and Global Financial Crimes Compliance.
• Central Quantitative Group (CQG) provides sophisticated quantitative solutions for ERA clients. The group often partners with other teams within and outside GRA to provide these solutions


Overview of the Role
Identify, evaluate and deliver account, transaction and customer data for the development and performance monitoring of Global Financial Crimes. Selected candidate will work with subject matter experts in front line units, compliance/risk managers, and model developers and technology developers to capture financial crime risk typologies, translate them into data requirements and then into data sets fit for the purpose of model development.


Position Overview
;Role would require project management of strategic Financial Crimes model development initiatives involving retiring of vendor models and building out next generation model development infrastructure. The selected candidate would be responsible for tracking and reporting cross stream project deliveries, creating materials, issue logs, meeting minutes for project reporting and setting up program governance routines with global risk, business and technology executives and with their team leads and team members

Required Education, Skills, and Experience
• 5+ year experience in managing projects across multiple teams and multiple stakeholders
• 3+ year experience creating project documentation using Power Point, Excel, Visio and Word
• 2+ year experience in verbal presentation for project updates and managing project meetings
• 1+ year experience in creating materials for executive reporting
• 3+ year experience in creating materials for mid-level project updates
• 1+ year experience in JIRA Kanban and other reporting
• 2+ year project experience in either model development or risk or compliance or global markets projects
• 2+ year experience in managing technology projects
• 1+ year experience in banking or financial industry
Desired Skills and Experience
• Experience in reporting Tools (e.g. Tableau)
• Exposure to multiple banking domains/ products
• Undergraduate/Graduate degree in STEM discipline

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Overview of Global Risk Analytics
Bank of America Merrill Lynch has an opportunity for a B5 Project Manager within our Global Risk Analytics (GRA) function. GRA is a sub-line of business within Global Risk Management (GRM). GRA is responsible for developing a consistent and coherent set of models and analytical tools for effective risk and capital measurement, management and reporting across Bank of America. GRA partners with the Lines of Business and Enterprise functions to ensure that its models and analytics address both internal and regulatory requirements, such as quarterly Enterprise Stress Testing (EST), the annual Comprehensive Capital Analysis and Review (CCAR), and the Current Expected Credit Losses (CECL) accounting standard.  GRA models follow an iterative and ongoing development life cycle, as the bank responds to the changing nature of portfolios, economic conditions and emerging.  In addition to model development, GRA conducts model implementation, data management, model execution and analysis, forecast administration, and model performance monitoring. GRA drives innovation, process improvement and automation across all of these activities.

Overview of the Team
Overview of Enterprise Risk Analytics
As a part of Global Risk Analytics (GRA), Enterprise Risk Analytics (ERA) is responsible for the development of cross-business holistic analytical models and tools. ERA consists of the following teams:
• Economic Scenario Generation (ESG) provides consistent and granular scenario generation capabilities for economic and market variables that enable multiple “what-if” outcomes for government regulators and other business uses.
• Enterprise Portfolio Analytics (EPA) provides portfolio surveillance visualization tools, utilizing advanced analytics (artificial intelligence/machine learning/natural language processing), to provide decision making support around the credit cycle, geo-intelligence, and thematic “what-if” analyses. EPA’s tools also support Enterprise strategic risk appetite and limits decisions for the bank’s risk and capital frameworks.
• Concentration Risk provides capital estimates to support annual regulatory requirements and legal entity-level capital management using tools and techniques focused on identification, measurement, and mitigation of concentration risks across countries, regions, sectors, and industries.
• Enterprise Capital Risk Analytics manages model performance monitoring and capital model issue resolution.
• Compliance Modelling & Analytics supports Enterprise needs around Fair Lending and Global Financial Crimes Compliance.
• Central Quantitative Group (CQG) provides sophisticated quantitative solutions for ERA clients. The group often partners with other teams within and outside GRA to provide these solutions


Overview of the Role
Identify, evaluate and deliver account, transaction and customer data for the development and performance monitoring of Global Financial Crimes. Selected candidate will work with subject matter experts in front line units, compliance/risk managers, and model developers and technology developers to capture financial crime risk typologies, translate them into data requirements and then into data sets fit for the purpose of model development.


Position Overview
;Role would require project management of strategic Financial Crimes model development initiatives involving retiring of vendor models and building out next generation model development infrastructure. The selected candidate would be responsible for tracking and reporting cross stream project deliveries, creating materials, issue logs, meeting minutes for project reporting and setting up program governance routines with global risk, business and technology executives and with their team leads and team members

Required Education, Skills, and Experience
• 5+ year experience in managing projects across multiple teams and multiple stakeholders
• 3+ year experience creating project documentation using Power Point, Excel, Visio and Word
• 2+ year experience in verbal presentation for project updates and managing project meetings
• 1+ year experience in creating materials for executive reporting
• 3+ year experience in creating materials for mid-level project updates
• 1+ year experience in JIRA Kanban and other reporting
• 2+ year project experience in either model development or risk or compliance or global markets projects
• 2+ year experience in managing technology projects
• 1+ year experience in banking or financial industry
Desired Skills and Experience
• Experience in reporting Tools (e.g. Tableau)
• Exposure to multiple banking domains/ products
• Undergraduate/Graduate degree in STEM discipline

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21070773

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Jillian Teeter

Referral Bonus:

0