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Cons Prod Strat Analyst II/III

Newark, Delaware;

Job Description:

The Consumer Product Strategy Analyst must be able to work independently to develop recommendations that consider their research and analysis, the regulatory framework, and competing strategies.  The analyst must then utilize communication and influencing techniques to build consensus and drive implementation.  This high visibility position offers a unique opportunity to interact with senior managers and drive  significant business results. 

In addition to internal associates, Bank of America utilizes external collection agencies for pre and post-charge-off collection activities.  The Strategy Analytics team leverages a combination of quantitative and coding skills to maximize ROI while maintaining operational quality and ensuring a positive customer experience.  Analytics focus areas include:
•    Expense and loss optimization based on known factors such as productive hours, operational intensity, and collector effectiveness
•    Streamlining operational processes to the current loss environment 

Position description:
Responsible for performing complex analysis aimed at improving portfolio risk, profitability, performance forecasting and operational performance for consumer products and the related divisions such as credit cards. While this position has no direct people management responsibilities, it does require the ability to interact with business partners both within and external to the department. This position requires being the subject matter expert on multiple business-related and technical-related topics and an ability to work independently. Key functions involve identifying business trends based on economic and portfolio conditions and analyzing strategic enhancements. Communicates business trends, creates financial assessments and interprets risk analytics for senior management. Proven experience at developing technical skills of their team. Detailed knowledge of SAS / SQL, financial statements, and business processes preferred.  3+ years Strategic Analysis experience preferred

Required Skills:

Strong analytical and problem solving skills as demonstrated by 3-5 years of experience 
- Strong evidence of leveraging analytics to drive business results
- Skilled with MS Office (Excel, Access, Word, and PowerPoint) 
- Proficient at written and oral communication, including presentation skills
- 2+ years programming and analytics experience with SAS/SQL 
 

Desired Skills:

- Experience working within the Bank's data infrastructure (BACARDI, The W, SQL Server, etc)
- Experience with business case development/financial statements
- Experience with process design/redesign (ex. Six Sigma, Engineering)
- Quantitative analyst experience, including skills like data mining and statistic
- Advanced Degree (MBA (Operations preferred),  Industrial Engineering,  Statistics, etc.)
 

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Monday-Friday 8am-5pm

Referral Bonus Amount:

0

Job Description:

The Consumer Product Strategy Analyst must be able to work independently to develop recommendations that consider their research and analysis, the regulatory framework, and competing strategies.  The analyst must then utilize communication and influencing techniques to build consensus and drive implementation.  This high visibility position offers a unique opportunity to interact with senior managers and drive  significant business results. 

In addition to internal associates, Bank of America utilizes external collection agencies for pre and post-charge-off collection activities.  The Strategy Analytics team leverages a combination of quantitative and coding skills to maximize ROI while maintaining operational quality and ensuring a positive customer experience.  Analytics focus areas include:
•    Expense and loss optimization based on known factors such as productive hours, operational intensity, and collector effectiveness
•    Streamlining operational processes to the current loss environment 

Position description:
Responsible for performing complex analysis aimed at improving portfolio risk, profitability, performance forecasting and operational performance for consumer products and the related divisions such as credit cards. While this position has no direct people management responsibilities, it does require the ability to interact with business partners both within and external to the department. This position requires being the subject matter expert on multiple business-related and technical-related topics and an ability to work independently. Key functions involve identifying business trends based on economic and portfolio conditions and analyzing strategic enhancements. Communicates business trends, creates financial assessments and interprets risk analytics for senior management. Proven experience at developing technical skills of their team. Detailed knowledge of SAS / SQL, financial statements, and business processes preferred.  3+ years Strategic Analysis experience preferred

Required Skills:

Strong analytical and problem solving skills as demonstrated by 3-5 years of experience 
- Strong evidence of leveraging analytics to drive business results
- Skilled with MS Office (Excel, Access, Word, and PowerPoint) 
- Proficient at written and oral communication, including presentation skills
- 2+ years programming and analytics experience with SAS/SQL 
 

Desired Skills:

- Experience working within the Bank's data infrastructure (BACARDI, The W, SQL Server, etc)
- Experience with business case development/financial statements
- Experience with process design/redesign (ex. Six Sigma, Engineering)
- Quantitative analyst experience, including skills like data mining and statistic
- Advanced Degree (MBA (Operations preferred),  Industrial Engineering,  Statistics, etc.)
 

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22040060

Band: H5

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Liz Ogarrio [C]

Referral Bonus:

0