Bank of America Sr. Risk Analyst - Reporting & Analytics in Charlotte, North Carolina
Responsible for performing more 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 more complex program models to extract data and use databases to provide statistical and financial modeling. Analyzes portfolio trends, concerning credit score cutoffs, loss trends, portfolio dynamics, and bureau scoring criteria. Will participate in the rollout of company-wide pilot programs developed as a result of programmed models. Duties primarily include the regular use of discretion and independent judgment. Programming experience such as SAS, SQL or Micro Strategy and Master's Degree or large data experience preferred. 2-5 year experience
This position will be responsible for developing automated, routine reporting and supporting ad-hoc requests for information and analysis by Risk Portfolio Managers. The successful candidate will have a proven background in reporting or analysis, strong written and verbal communication skills, SQL, database and reporting software skills and a thorough understanding of Financial Institutions, Commercial Lending, Traded Products and Risk Management. The candidate must be able to respond to requests for information by asking pertinent, clarifying questions, identifying the relevant data needed to satisfy the request and presenting the information to the requestor in a clear and concise manner. Candidate will have an understanding of internal information systems, relational database design and knowledge of how to use various BI tools to access multiple information sources for analytical purposes.
Enterprise Role Overview:
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. Master's degree or large data experience preferred; Programming experience like SQL, SAS preferred and/or Micro Strategy experience preferred. Minimum of 5 years' experience.
Must have 5+ years of relevant Financial Institution experience with traded products, OTC derivatives, securities financing, commercial credit risk management and reporting or risk technology.
Very solid SQL skills and experience using SQL Server, Netezza, Teradata or Sybase.
Advanced Excel skills, including data import, pivot tables, lookups and data analysis.
Solid analytical skills - must be able to learn how to navigate systems, access data, reconcile numbers from different sources, identify discrepancies and understand drivers of change within data.
Ability to handle multiple competing priorities in a fast-paced environment.
Ability to work effectively with technical and non-technical business teams.
Excellent interpersonal and communication skills.
Understanding of Risk Management Practices and Policies
In-Depth understanding and use of Business Intelligence applications and reporting tools.
Knowledge of Bank of America systems ARCTIC, EVEREST and/or Credit Studio
Understanding of derivative potential exposure, capital measures, CVA, sensitivities and stress testing.
Understanding of Repo, Reverse Repo and Securities Lending transactions.
Understanding of central clearing concepts
Understanding of Commercial Lending
Posting Date : 01/10/2017
Location : US-NC-Charlotte
Travel : No
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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