CFO Data Management – Climate/ Environmental, Social and Governance/ Counterparty Data Analyst

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. 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.

The Data Analyst role transfers knowledge and trains the team and works in partnership with peers to drive coordination efforts and execute the work to support key deliverables specific to their respective product to deliver an integrated set of horizontal product data capabilities.

CFO Data Management (CFO DM) is responsible for ensuring data is timely, accurate and complete with respect to Bank of America’s CFO Function’s needs and use cases. This role will be responsible for Climate/ESG and Counterparty Data within a larger data environment.

The individual will have a unique opportunity to support the firm’s Regulatory Reporting team, in addition to the innovative and evolving Sustainable Finance and Climate strategy, specifically, CFO accurate and measured reporting of the on balance sheet component of Bank of America’s commitment to mobilize $1.5T in capital to environmental transition and social inclusive development by 2030, in addition to reporting and disclosing exposure to physical and transition risks as well as financing of measures to mitigate climate change.

This analyst will be responsible for working with CFO partners to add data elements, enhance data quality and perform ad hoc data extracts/analysis to ensure that we can produce accurate, complete, and well controlled reports and analytics of the firm’s balance sheet supporting Regulatory Reporting and Sustainable Development Goals (SDG). 

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
• Provide Subject Matter Expertise for Counterparty and Sustainable Finance and Climate strategy data attributes.  
• Control Data consumed by CFO, including investigating and developing remediation plans for data quality issues
• Interface with business partners on their data needs, requirements for new data requests, track and prioritize changes
• Assist team with data analysis and ensure quality of outputs
• Create SQL scripts and conduct user acceptance testing on new data requests
• Collaborate across stakeholders including business reporting, product-specific data stewards, tech partners, upstream data providers/data management, and risk/compliance
• Identify, review, and evaluate potential upstream systems to determine data sourcing strategy
• Follow the proper risk disciplines and proactively escalate as needed
• Adhere to Enterprise Data Management Standards and Risk Data Aggregation requirements

Skills:

• Data Collection and Entry
• Data Management
• Data Modeling
• Issue Management
• Policies, Procedures, and Guidelines Management
• Analytical Thinking
• Collaboration
• Data Governance
• Data Quality Management
• Data and Trend Analysis
• Business Acumen
• Controls Management
• Production Support
• Regulatory Compliance
• Solution Design

Required Qualifications:

• Minimum 5 years of data analysis and product expertise within the financial industry
• Exposure to AML/KYC processes and/or Climate/ESG efforts (e.g. Sustainable Finance Reporting, ESG Pillar 3, EU Taxonomy)
• Familiarity with transactional databases
• Analytics experience with SQL
• Capacity to handle multiple tasks and work in a flexible environment;
• Ability to think and act independently, detailed oriented and organized
• Strong communication skills and the ability to build relationships across a matrixed organization

Desired Qualifications:

• Bachelor’s degree in Business or other related field
• Bank of America, Regulatory Reporting experience a plus, including applicable Bank of America platforms
• Experience with Agile methodology
• Knowledge of emerging technologies (e.g. Alteryx)

Shift:

Hours Per Week: