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Risk Analysis Executive

Charlotte, North Carolina; Jersey City, New Jersey
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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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for maximizing opportunities, and minimizing credit, and operating losses within a large and complex business unit or function. Key responsibilities include driving the development and translation of complex data sets to produce information for internal and external reporting needs. Job expectations include effectively leading information and insights which have significant regulatory impact, financial accountability, and direct impact to business policies and goals in an effective manner.

Responsibilities:

  • Drives the development and execution of reporting to allow risk and business partners to effectively enhance revenue goals, processes, efficiencies and technologies while minimizing associated risks

  • Oversees data design, portfolio trends, loss trends, and portfolio dynamics to ensure alignment with business strategies

  • Sets strategic priorities and owns initiatives affecting multiple risk functions and lines of business to ensure company goals are met

  • Leads database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data

  • Owns the overall response to complex ad-hoc requests for information from both internal and external parties

  • Leverages knowledge of end-to-end processes, related regulations, and multi system platforms, often involving multiple products/portfolios, to achieve business objectives.

  • Monitors the outputs of controls and ensures alerts from the control checks are managed effectively

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

  • Opportunity & Inclusion Champion: Breaks down barriers to create a more inclusive environment that supports company Great Place to Work goals.

  • Manager of Process & Data: Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.

  • Enterprise Advocate & Communicator: Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.

  • Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.

  • People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.

  • Financial Steward: Efficiently allocates and manages resources across the organization to drive short and long term profitability.

  • Enterprise Talent Leader: Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.

  • Driver of Business Outcomes: Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage.

Global Risk Management (GRM) leads bank-wide initiatives for the management of all aspects of risk, including strategic, market, credit, compliance, liquidity, operational, model, and reputational risk, helping support sustainable and responsible growth across the enterprise.  As data continues to become a strategic asset and a critical component of regulatory and risk management outcomes, GRM has established the Data Strategy & Management (DSM) function to drive the transparency, quality, accessibility, sustainability, and effective use of risk data across the organization. Working in close partnership with Enterprise Data, Technology, Front Line Units (FLUs), and Control Functions (CFs), DSM is responsible for advancing GRM's data strategy, enabling sustainable data capabilities, and accelerating adoption of enterprise solutions that improve risk management, operational efficiency, and regulatory defensibility.


The GRM Data Strategy, Engagement & Communications Executive will report to the GRM Data Strategy & Management Executive (DSME) and serve as a strategic advisor and trusted partner, helping translate GRM's data priorities into actionable strategy, coordinated execution, and measurable business outcomes.  This role provides a unique opportunity to shape and communicate GRM's data agenda, influence enterprise stakeholders, coordinate strategic priorities, and drive alignment across business, risk, technology, and data organizations.

Position Summary:
The GRM Data Strategy, Engagement & Communications Executive serves as a strategic advisor and key partner to the GRM Data Strategy & Management Executive (DSME), helping translate GRM's data priorities into actionable strategy, execution plans, and measurable outcomes.
This role is responsible for driving strategic planning, executive communications, stakeholder engagement, and organizational alignment across GRM's data agenda. Working closely with senior leaders across Risk, Technology, Enterprise Data, Front Line Units (FLUs), and Control Functions (CFs), the executive will help shape priorities, coordinate investments, communicate progress, and accelerate execution of GRM's strategic data objectives. The role combines strategy development, planning, communications, engagement, and organizational leadership to ensure GRM's data priorities are clearly articulated, broadly understood, effectively funded, and consistently executed across the organization.

Key Responsibilities:
Strategy Development & Operationalization

  • Partner with the DSME and senior leadership to define, refine, and operationalize GRM's data strategy and strategic priorities.

  • Translate strategic objectives into actionable roadmaps, execution plans, operating routines, and measurable outcomes.

  • Support prioritization of initiatives and investments to ensure alignment with business, risk, regulatory, and technology objectives.

Executive Communications & Storytelling

  • Develop and lead communications supporting GRM's data strategy, priorities, progress, and outcomes.

  • Prepare executive presentations, leadership updates, briefing materials, and strategic messaging for the GRM Senior Leadership Team and enterprise stakeholders.

  • Translate complex data, technology, operating model, and regulatory topics into clear, compelling executive narratives and business outcomes.

Stakeholder Engagement & Enterprise Alignment

  • Build strong partnerships across GRM, Enterprise Data, Technology, FLUs, CFs, Finance, Operations, Compliance, and Audit.

  • Drive alignment across stakeholders to advance strategic priorities and resolve cross-functional challenges.

  • Facilitate leadership discussions and enterprise forums to accelerate progress on strategic initiatives and shared priorities.

Data Strategy Planning & Operating Routines

  • Establish and coordinate data strategy forums, leadership reviews, strategic planning processes, and operating rhythms supporting GRM's data agenda.

  • Lead strategic planning, funding, investment management, and resource prioritization activities across the portfolio of data initiatives.

  • Monitor execution against strategic commitments and help ensure leadership decisions are effectively communicated and implemented.

Data Community Engagement & Evangelization

  • Foster a strong data culture across GRM by promoting awareness, education, collaboration, and adoption of strategic data capabilities.

  • Champion GRM's data strategy, standards, services, tools, and enterprise solutions across business and technology organizations.

  • Lead engagement programs that connect stakeholders, showcase business value, and promote reuse of enterprise capabilities and best practices.

Metrics, Reporting & Value Realization

  • Develop and oversee executive reporting, performance metrics, and scorecards to measure progress against strategic objectives.

  • Monitor adoption, business outcomes, operational efficiencies, and value realization across strategic initiatives.

  • Provide leadership insights and recommendations to support decision-making, transparency, and continuous improvement.

Required Qualifications:

  • Bachelor’s degree in computer science / engineering, Data Science or Analytics

  • 15+ years of experience in data management, risk management, analytics, technology, or enterprise transformation within a large, regulated financial institution.

  • Proven ability to influence senior executives and drive alignment across multiple organizations with competing priorities.

  • Deep expertise in enterprise data strategy, data governance, data quality, metadata management, lineage, controls, and information management.

  • Experience establishing accountability frameworks and governance structures that improve transparency, traceability, and data health.

  • Strong understanding of risk management principles and regulatory expectations related to data governance and risk information management.

  • Experience leading large-scale data strategy and transformation initiatives, projects or projects partnering with regulatory, audit, compliance, and control functions.

  • Understanding of emerging technologies, data architecture, cloud-based platforms, and enterprise technology strategies.

  • Experience identifying and delivering material cost efficiencies through standardization, automation, simplification, and technology consolidation.


Preferred Qualifications:

  • Experience supporting enterprise risk, regulatory reporting, capital management, or risk data aggregation and reporting initiatives.

  • Working knowledge of SQL, SAS, data analytics tools, and business intelligence platforms.

  • Experience leading enterprise-wide data modernization programs supporting large-scale business transformation.

Skills:

  • Performance Management

  • Project Management

  • Regulatory Relations

  • Risk Management

  • Stakeholder Management

  • Business Acumen

  • Continuous Improvement

  • Issue Management

  • Risk Analytics

  • Technical Documentation

  • Adaptability

  • Attention to Detail

  • Business Intelligence

  • Data Visualization

  • Data and Trend Analysis

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

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Full time

JR-26028650

Manages People: No

Travel: Yes, 5% of the time

Age requirement: Must at least be 18 years of age.

New Jersey pay range:

$175,000.00 - $254,700.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve