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:
The individual will support 6 organizations as they develop models to assist then in adhering to the various policies that apply.  The focus is on working closely with the respective policy owners for Model and AI Models and guiding the Model Developers/Model Stakeholders to adhere to their respective Model Development Procedures while familiarizing them with the various (AI) Model Policies and document requirements associated with the complex Model Validation Process.

In addition, this role will monitor a set of model development/performance risk metrics and enhance executive reporting to convey the status on a bi-weekly basis.  As a senior member of the team this individual will also be responsible for documenting and enhancing our operational processes to lean them out and deliver a higher quality product (Operational Excellence).

This is not a people management role. Rather, this is an individual leadership role where the individual needs to work across various teams and be comfortable and capable of interacting with executives on a regular basis.

Responsible for performing data management, complex analysis, and modeling that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposures. Provides data / IM, analytical support on various product strategies to ensure company goals are met. Coordinates the production of databases, performance reports for senior mgt. Manages the review and analysis of trends in current population distributions and recommends strategies. Directs the development of more complex databases, program models to extract data and use databases to provide statistical and financial modeling. Oversees the data design, analysis of portfolio trends, concerning credit score cutoffs, loss trends, portfolio dynamics, and bureau scoring criteria. Integrates the analysis team with other corporate units to insure alignment of analysis with business strategies and objectives. Responsible for hiring and training Risk Analysis Specialist and Risk Analysis Analyst. PhD, Master's degree, or large data experience preferred; Programming experience like SQL, SAS preferred; 7+ years experience.

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:

• Process oriented

• Risk oriented

• Background in large company governance concepts

• Good communicator to all levels of management and technical Model Developers

• Personal/helpful customer oriented – gets along with people

Desired skills:

• Excel skills

• SQL skills

• Data analysis skills

• Leadership skills

• Self-starter and able to in a low-touch manor

Shift:

1st shift (United States of America)

Hours Per Week: 

40