Bank of America Risk Analysis Sr. Specialist in Charlotte, North Carolina
Responsible for performing complex analysis and is engaged in the development of modeling that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposures. Provides analytical support on various product strategies to ensure company goals are met. Coordinates the production of performance reports for senior mgt. Reviews and analyzes trends in current population distributions and recommends strategies. May participate in or develop complex program models to extract data and use databases to provide statistical and financial modelling.
Candidate may meaningfully contribute to various work streams involving the large scale transition to the Current Expected Credit Loss (CECL) approach. Additional projects and analysis may focus on specific end-to-end loss forecasting and allowance related processes or functions.
Work with and exposure to senior managers for critical change initiatives involving CECL transition, including contributing to or leading requirements gathering with technology partners to design efficient work processes
Concisely escalates and proactively addresses concerns
Ability to prioritize work and meet deadlines.
BA/BS degree or equivalent work experience
Credit risk background
Analytical ability and problem solving skills
Strong communication / interpersonal skills; demonstrate initiative and be able to make quick decisions
Intellectual curiosity / work independently
Willingness to work under pressure to meet deadlines
Ability to multi task and properly prioritize multiple projects
Experience working on regulatory change projects
Understanding of finance, accounting and allowance for loan losses
Process design or control background
Operational risk / operational excellence mindset
Experience with Loss forecasting, modeling, and/or model risk management
Experience with CCAR and stress testing
Commercial or Consumer product knowledge
Database or statistical background a plus
Posting Date : 04/16/2018
Charlotte, NC, BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST,
- United States
Travel : Yes, 5% of the time
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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