DB2 Data Modeler III (Market Risk)

Bank of America; Jersey City (NJ); On-site; USD 104,000 - 158,000; Full time

Job summary

Bank of America is seeking a senior data modeler to drive data modeling, architecture, and engineering across Global Markets Risk Technology and Counterparty Credit Risk Technology. You will translate business requirements into robust data models and data pipelines, collaborating with application teams and stakeholders to ensure data quality and security.

The role emphasizes leadership in data modeling, architecture, and data governance, with delivery across strategic and regulatory projects.

Qualifications

• 10+ years of applicable experience in data modeling and data architecture.
• Experience with data modeling tools (Power Designer) and data dictionaries.
• Strong understanding of relational and unstructured data, DB2/Oracle/Sybase ecosystems and Hadoop-based tech.
• Ability to translate business requirements into data models, data flows and data lineage.
• Experience building and managing data pipelines and distributed data systems.

Responsibilities

• Lead story refinement and requirements delivery across the project lifecycle.
• Code complex data solutions for integration, cleaning, transformation, and data quality controls.
• Document system requirements and collaborate with teams to translate data needs into feasible solutions.
• Lead test plan development and supervise testing activities across integration, regression, and performance.

Skills

Analytical Thinking

Data Management

Data Engineering

Architecture

DevOps Practices

Solution Design

Agile Practices

Collaboration

Decision Making

Risk Management

Test Engineering

Financial Management

Data Quality Management

Tools

Power Designer

DB2

Oracle

Sybase

Impala

Kudu

Iceberg

Job description

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. 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. Join us!

Job Description:

This job is responsible for driving efforts to develop and deliver complex data solutions to accomplish technology and business goals. Key responsibilities include leading code design and delivery tasks with the integration, cleaning, transformation and control of data in operational and analytical data systems. Job expectations include liaising with vendors and working with stakeholders and Product and Software Engineering teams to implement data requirements, analyzing performance, and researching and troubleshooting issues within system engineering domains.

Position Summary

A series of strategic projects and regulatory projects (examples, Strategic Risk and PnL [SRPL], Fundamental Review of the Trading Book [FRTB]) in global markets risk area would require senior data modeler with data modeling, data dictionary, data analysis skills. This experienced data professional should be able to interpret business requirements, high level data flows and convert into data elements and data models. The person should be a self starter and passionate about business data modeling. The risk data modeler would work in a data horizontal team that are responsible for database architecture, database platforms, data models, performance engineering and database platform related security vulnerabilities across Global Market Risk Technology (GMRT) and Counterparty Credit Risk Technology (CCRT). The risk data modeler would work closely with the application development teams, business stakeholders, technology infrastructure database administrators to execute projects that are critical to the LOBs and technology partners.

Responsibilities:

• Leads story refinement and delivery of requirements through the delivery lifecycle and assists team members in resolving technical complexities
• Codes complex solutions to integrate, clean, transform, and control data, builds processes supporting data transformation, data structures, metadata, data quality controls, dependency, and workload management, assembles complex data sets, and communicates required information for deployment
• Leads documentation of system requirements, collaborates with development teams to understand data requirements and feasibility, and leverages architectural components to develop client requirements
• Leads testing teams to develop test plans, contributes to existing test suites including integration, regression, and performance, analyzes test reports, identifies test issues and errors, and leads triage of underlying causes
• Leads work efforts with technology partners and stakeholders to close gaps in data management standards adherence, negotiates paths forward by thinking outside the box to identify and communicate solutions to complex problems, and leverages knowledge of information systems, techniques, and processes
• Leads complex information technology projects to ensure on-time delivery and adherence to release processes and risk management and defines and builds data pipelines to enable data-informed decision making
• Mentors Data Engineers to enable continuous development and monitors key performance indicators and internal controls
• Strategic projects, Regulatory projects in global markets risk area would require senior data modeler with data modeling, data architecture and data engineering skills.

Required Qualifications:

• 10+ years of applicable experience
• Data modeling. Familiarity with data modeling tools like Power Designer
• Database knowledge on relational and unstructured data is required. Preferably with RDBMS and Hadoop technologies are - db2, oracle, Sybase, impala, kudu, iceberg etc.
• Data architecture skills like overall data flow management, authoritative data source management, data discovery, data dictionary, data lineage.
• Data engineering skills - building data pipeline, data ingestion / retrieval, building distributed data systems

Desired Qualifications:

• Database, SQL, performance tuning, scripting, coding in python / shell / Perl.
• Messaging like kafka
• Domain knowledge in finance and risk is preferred.
• Apache spark

Skills:

• Analytical Thinking
• Application Development
• Data Management
• DevOps Practices
• Solution Design
• Agile Practices
• Collaboration
• Decision Making
• Risk Management
• Test Engineering
• Architecture
• Business Acumen
• Data Quality Management
• Financial Management
• Solution Delivery Process

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

• US - NJ - Jersey City - 101 Hudson St - 101 Hudson (NJ2101)
• Pay and benefits informationPay range$104,000.00 - $157,700.00 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.
• BenefitsThis 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.