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Business Support Analyst

Charlotte, North Carolina;

Job Description:

Overview of Global Risk Analytics

Bank of America Merrill Lynch has an opportunity for a B5 Business Support Analyst 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 risks.  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) responsible for the curation and provision of granular macroeconomic and industry forecasts that support various Bank-wide needs. 
    Enterprise Portfolio Analytics (EPA) provides portfolio surveillance visualization and analytical tools that supports the Enterprise’s risk appetite & limits decisions for the Bank's risk and capital frameworks and portfolio management 
    Concentration Risk Capital provides concentration risk analysis for three European Legal Entities to support ICAAP regulatory reporting; as well as benchmark analysis supporting regulatory capital based reporting for various enterprise portfolios 
    Capital Model Management manages capital model governance and performance monitoring.
    Consumer Compliance Modeling responsible for model development to identify areas of potential compliance risk through Fair Lending modeling and analyzing customer experience
    Financial Crimes Modeling and Analytics responsible for Global Financial Crimes model development to counter money laundering/terrorist financing, as well as comply with AML, Economic Sanctions and other relevant regulations
    Industry Research perform industry aligned fundamental analysis to support industry-specific macro variable generation, and perform research on relevant sector themes


Overview of the Role

This role within the Business Management team is responsible for providing business support to all teams and processes within ERA. Supports executive and management routines, stakeholder and key partner management, project management for cross functional and horizontal projects, provides business reporting and manages key business control processes. The selected candidate brings the skills and experience necessary to identify strategies and solutions that are directly linked to organizational and business goals. Identify opportunities for improvement and drive performance improvement change. Conduct analysis to determine root causes, propose solutions, scope projects, implement solutions and assess impact. Executes solutions to include process improvement or integration, leadership development, skill development and training. Assist in managing the execution of robust control reporting to monitor multiple facets of the operation.

Position Overview

    Develop, maintain, and manage reporting, analytics, dashboards and other Business Intelligence solutions
    Provide organizational performance reporting, monitoring of key metrics and coordinate development, tracking and execution of remediation action plans
    Facilitate across multiple areas (business, operations, technology, key partners) to help drive critical change initiatives
    Coordinate multiple projects and timelines, prioritizing work based on the value proposition for the business
    Assist managing operational routines

Required Education, Skills and Experience

    Bachelor’s degree in a Business discipline (e.g. Management, Finance, Accounting, Information Systems, Operations Management, Engineering)
    3 – 5 years organizational skills, business support and/or project management experience
    Proficiency in use of query and reporting analysis tools; Excel (macros, pivot tables, lookups)
    Experience in developing, maintaining and managing Tableau driven dashboards & analytics.
    Ability to analyze data to draw business-relevant conclusions and in data visualization techniques and tools
    Ability to respond to ad-hoc requests for information from team members and other requestors by asking questions, identifying relevant data needed to satisfy the request
    Advanced analytical skills that demonstrate ability to learn how to navigate systems, access data, reconcile numbers from different sources, identify discrepancies and understand drivers of change within data
    Ability to handle multiple conflicting priorities
    Problem solver with ability to take ownership of tasks and drive through challenges
    High attention to detail and quality work product(s)
    Strong business partnering experience / skills including the ability to interact, communicate and influence equally well within all levels of an organization
    Ability to work and communicate effectively with technical and non-technical business teams
    Strong written and verbal communication skills

Desired Skills and Experience

    SQL/SAS (Report & Data Sourcing Automation)
    SharePoint Developer (Advanced Design, Dashboards, Infrastructure)
    Prior use of Horizon JIRA to track agile-based deployment of either technical or non-technical programs

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 Business Support Analyst 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 risks.  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) responsible for the curation and provision of granular macroeconomic and industry forecasts that support various Bank-wide needs. 
    Enterprise Portfolio Analytics (EPA) provides portfolio surveillance visualization and analytical tools that supports the Enterprise’s risk appetite & limits decisions for the Bank's risk and capital frameworks and portfolio management 
    Concentration Risk Capital provides concentration risk analysis for three European Legal Entities to support ICAAP regulatory reporting; as well as benchmark analysis supporting regulatory capital based reporting for various enterprise portfolios 
    Capital Model Management manages capital model governance and performance monitoring.
    Consumer Compliance Modeling responsible for model development to identify areas of potential compliance risk through Fair Lending modeling and analyzing customer experience
    Financial Crimes Modeling and Analytics responsible for Global Financial Crimes model development to counter money laundering/terrorist financing, as well as comply with AML, Economic Sanctions and other relevant regulations
    Industry Research perform industry aligned fundamental analysis to support industry-specific macro variable generation, and perform research on relevant sector themes


Overview of the Role

This role within the Business Management team is responsible for providing business support to all teams and processes within ERA. Supports executive and management routines, stakeholder and key partner management, project management for cross functional and horizontal projects, provides business reporting and manages key business control processes. The selected candidate brings the skills and experience necessary to identify strategies and solutions that are directly linked to organizational and business goals. Identify opportunities for improvement and drive performance improvement change. Conduct analysis to determine root causes, propose solutions, scope projects, implement solutions and assess impact. Executes solutions to include process improvement or integration, leadership development, skill development and training. Assist in managing the execution of robust control reporting to monitor multiple facets of the operation.

Position Overview

    Develop, maintain, and manage reporting, analytics, dashboards and other Business Intelligence solutions
    Provide organizational performance reporting, monitoring of key metrics and coordinate development, tracking and execution of remediation action plans
    Facilitate across multiple areas (business, operations, technology, key partners) to help drive critical change initiatives
    Coordinate multiple projects and timelines, prioritizing work based on the value proposition for the business
    Assist managing operational routines

Required Education, Skills and Experience

    Bachelor’s degree in a Business discipline (e.g. Management, Finance, Accounting, Information Systems, Operations Management, Engineering)
    3 – 5 years organizational skills, business support and/or project management experience
    Proficiency in use of query and reporting analysis tools; Excel (macros, pivot tables, lookups)
    Experience in developing, maintaining and managing Tableau driven dashboards & analytics.
    Ability to analyze data to draw business-relevant conclusions and in data visualization techniques and tools
    Ability to respond to ad-hoc requests for information from team members and other requestors by asking questions, identifying relevant data needed to satisfy the request
    Advanced analytical skills that demonstrate ability to learn how to navigate systems, access data, reconcile numbers from different sources, identify discrepancies and understand drivers of change within data
    Ability to handle multiple conflicting priorities
    Problem solver with ability to take ownership of tasks and drive through challenges
    High attention to detail and quality work product(s)
    Strong business partnering experience / skills including the ability to interact, communicate and influence equally well within all levels of an organization
    Ability to work and communicate effectively with technical and non-technical business teams
    Strong written and verbal communication skills

Desired Skills and Experience

    SQL/SAS (Report & Data Sourcing Automation)
    SharePoint Developer (Advanced Design, Dashboards, Infrastructure)
    Prior use of Horizon JIRA to track agile-based deployment of either technical or non-technical programs

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21075520

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Jillian Teeter

Referral Bonus:

0