Credit Risk Reporting - Risk Analysis Manager (Reporting Governance)
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Locations: Charlotte, Atlanta, Jersey City, Chicago
Time Type: Full time
Posted On: Posted 3 Days Ago
Time Left to Apply: End Date: November 13, 2024 (9 days left to apply)
Job Requisition ID: 24027330
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.
This job is responsible for leading a team supporting data and technology requests, complex reporting and analysis, and modeling to manage risk and minimize credit and operating losses. Key responsibilities include managing the review and analysis of portfolio trends, directing the development of more complex databases or queries to extract data, and supporting the production of data for internal and external reporting needs. Job expectations include working with Technology to implement changes necessary to support ongoing data needs.
Responsibilities:
- Develops, executes, and enhances reporting to allow Risk and business partners to effectively identify and manage risk.
- Manages the analysis of trends and oversees the data design, portfolio trends, loss trends, and portfolio dynamics to ensure alignment with business strategies.
- Serves as a liaison between the data, technology, and reporting teams in support of strategic initiatives affecting multiple Risk functions and lines of business to ensure company goals are met.
- Manages database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data.
- Responds to complex ad-hoc requests for information from both internal and external parties.
- Leads cross-functional strategic efforts to remediate data quality issues.
- Provides oversight of relevant systems and assures controls are operating effectively by monitoring outputs.
Managerial Responsibilities:
- Diversity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company D&I goals.
- Manager of Process & Data: Demonstrates deep process knowledge, operational excellence, and innovation through a focus on simplicity, data-based decision making, and continuous improvement.
- Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities, and contributions.
- Risk Manager: Ensures proper risk discipline, controls, and culture are in place to identify, escalate, and debate issues.
- People Manager & Coach: Provides inspection, coaching, and feedback to motivate, differentiate, and improve performance.
- Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
- Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
- Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting, and appropriately delegating team work.
Skills:
- Business Intelligence
- Data Visualization
- Issue Management
- Project Management
- Risk Management
- Business Acumen
- Continuous Improvement
- Risk Analytics
- Stakeholder Management
- Technical Documentation
- Adaptability
- Attention to Detail
- Data and Trend Analysis
- Performance Management
- Regulatory Relations
Required Skills and Experience:
- Bachelor's degree or equivalent work experience within credit risk or risk-related function.
- 5+ years of experience in a reporting, BI or MIS role.
- Familiar with data management and governance such as BCBS 239 or SOX controls.
- Experience using SQL and relational databases.
- Proficient using BI tools such as Tableau, MicroStrategy or Microsoft SSRS.
- Strong Excel skills, including pivot tables, lookups, and data analysis.
Desired Skills and Experience:
- Knowledge of ETL tools such as Alteryx or languages such as Python.
- Knowledge of Bank of America systems – CRP (Credit Risk Platform) or Credit Studio.
- Experience working with an Agile development process and collaborating with technology teams.
Shift: 1st shift (United States of America)
Hours Per Week: 40
Pay Transparency details:
Pay range: $101,300.00 - $170,000.00 annualized salary, offers to be determined based on experience, education, and skill set. This role is eligible to participate in the annual discretionary plan.
About Us:
Bank of America is committed to helping employees through the transition period when they’re displaced as a result of a workforce reduction, realignment, or similar measure.
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