Risk Analysis Specialist II

Risk Analysis Specialist II – Alternative Modelling Group (AMG)

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.

Company Overview

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.

Responsibilities

• Responsible for running multiple technical projects concurrently, particularly the implementation of models onto the organisation’s target‑state infrastructure, ensuring adherence to team business practices as well as Enterprise project governance and Change Management standards.
• Additionally responsible for business management processes as agreed with Business Management Lead Support delivery through strong project management practices and provide project management expertise to modelers.
• Provide Project Management Office (PMO) capabilities across teams within AMG. This will include QA/QC on JIRA tasks; governance; Model Development Lifecycle tracking, reporting and routines management.
• Provide business support to AMG team leads as necessary – this may include capacity planning, reports and returns, hiring activities, managing routines, etc.
• Explore opportunities to automate project management and business management processes and reporting.
• Explore ways to optimize the team operating model for project management and business management practices.
• Work under minimal supervision on these goals and develop effective working relationships with stakeholders inside AMG and across GRA.

What we are looking for

• Self‑motivation, self‑direction, organizational skills and the ability to manage multiple priorities in a complex fast paced environment without sacrificing quality or timelines.
• Has a ‘control’ oriented experience and mindset.
• Demonstrable project and business management experience.
• Willingness to be accountable for meeting all deliverable dates for task assignments.
• Proven track record of identifying sub‑optimal processes and then fixing them.
• Proficient with Microsoft Office suite.
• Process oriented and detailed oriented.
• Positive attitude and open to feedback.
• Excellent written and verbal communication skills, including to senior audiences.
• Ability to foster strong collaboration among team members and help team solve problems.
• Ability to work independently with limited supervision.

Skills that will help

• Experience in financial services or a related field.
• Excellent proficiency and hands‑on experience with JIRA (Horizon tools).
• Working knowledge of risk management.
• Programming skills including Tableau, Python, Alteryx, SQL – or the desire to learn these skills.
• Attention to Detail.
• Business Intelligence.
• Data and Trend Analysis.
• Risk Analytics.
• Risk Management.
• Adaptability.
• Collaboration.
• Continuous Improvement.
• Data Visualization.
• Project Management.
• Business Acumen.
• Issue Management.
• Regulatory Relations.
• Stakeholder Management.
• Technical Documentation.
• Shift: 1st shift (United States of America).

Shift and Hours

• Shift: 1st shift (United States of America).
• Hours Per Week: 40.

Pay and Benefits

• Pay Transparency details US - NJ - Jersey City - 525 Washington Blvd (NJ2525).
• Pay and benefits information Pay range $72,000.00 - $134,400.00 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.

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Pay Transparency

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Partnering Locally

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Global Impact

Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates.

Opportunity and Inclusion

Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success.

Our Values

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