Risk Analysis Specialist II

Bank of America; United States; On-site; USD 72,000 - 131,000; Full time

Benefits offered by this job

Benefits eligible

Job summary

Bank of America is seeking a data analytics professional to join Global Risk Analytics. You will analyze data flows, processes, and controls to improve data integrity, operational effectiveness, and risk management across the bank.

You will partner with stakeholders across risk, finance, operations, technology and audit to drive issue resolution, process improvements, and data-driven decision making using SQL, automation, and AI-enabled tools. This role offers 1st shift in the United States.

Qualifications

• Learning agility to assimilate new concepts and adapt to changing business needs.
• Data analytics, risk assessment and data-driven decision-making within a regulated financial services environment.
• Experience partnering with stakeholders across risk, finance, operations, technology and audit to drive process improvements.

Responsibilities

• Evaluate business processes, data flows, and operational data to identify data integrity and quality concerns, trends, anomalies, risks, and opportunities to improve accuracy, completeness, and effectiveness of critical business processes and outcomes.
• Partner with stakeholders across business, risk, finance, operations, technology, and audit functions to support process evaluations, issue resolution, and improvement initiatives.
• Develop reporting, dashboards, and visualizations that communicate performance metrics, risks, trends, and opportunities to stakeholders.
• Support governance, risk management, and continuous improvement initiatives that strengthen controls, enhance process resiliency, and increase operational effectiveness.

Skills

Learning Agility

Process Excellence

Data & Analytical Thinking

Risk & Controls Mindset

Technology & Innovation

Stakeholder Management & Communication

Business & Financial Acumen

Regulated Environment Experience

Education

Bachelor's degree or above in Finance, Accounting, Economics, Business Administration, Information Management, Data Analytics, Statistics, Engineering, or related field

Tools

SQL

Automation

AI/GenAI

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.

About Us Summary

Global Risk Analytics (GRA) is a sub-line of business within Global Risk Management (GRM). The GRA team provides quantitative capabilities supporting global risk management and capital management and develops a consistent set of risk and capital models and analytical tools that support decision making across the bank.

Job Profile Summary

This role is responsible for analyzing data flows, business processes, and operational controls supporting critical enterprise activities. The position applies analytical thinking, process management, risk assessment, and technology capabilities to identify data quality concerns, process inefficiencies, control gaps, and operational risks while supporting efforts to improve data integrity, operational effectiveness, and business outcomes. The role partners with stakeholders across business, risk, finance, operations, technology, audit, and other functions to support issue resolution, process improvement, and informed decision-making.

Responsibilities

Evaluate business processes, data flows, and operational data to identify data integrity and quality concerns, trends, anomalies, risks, and opportunities to improve the accuracy, completeness, and effectiveness of critical business processes and outcomes.

Partner with stakeholders across business, risk, finance, operations, technology, and audit functions to support process evaluations, issue resolution, and improvement initiatives.

Leverage data analytics, reporting, automation, AI-enabled tools, and quantitative techniques to identify trends, communicate insights, and improve business outcomes.

Develop reporting, dashboards, and visualizations that communicate performance metrics, risks, trends, and opportunities to stakeholders.

Support governance, risk management, and continuous improvement initiatives that strengthen controls, enhance process resiliency, and increase operational effectiveness.

Required Skills

• Learning Agility: Quickly assimilates new concepts, technologies, business processes, and organizational priorities while adapting effectively to changing business needs.
• Process Excellence: Applies a process-centric mindset to understand end-to-end workflows, identify inefficiencies, evaluate controls, and support operational improvements.
• Data & Analytical Thinking: Leverages analytical, quantitative, and problem-solving techniques to evaluate complex data flows, identify risks, uncover insights, and support data-driven decision-making.
• Risk & Controls Mindset: Applies risk management principles and sound judgment to identify, assess, and mitigate operational, process, compliance, and data-related risks.
• Technology & Innovation: Utilizes data analytics, SQL, automation, AI, GenAI, process analysis, or related technologies to identify issues, improve decision-making, strengthen controls, and increase operational efficiency.
• Stakeholder Management & Communication: Strong communication, and stakeholder engagement skills with the ability to work effectively across functions, manage competing priorities, and deliver high-quality results.
• Business & Financial Acumen: Demonstrates understanding of financial services, banking, risk management, operations and governance.
• Regulated Environment Experience: Experience operating in environments where data quality, risk management, controls, compliance, and operational resiliency are critical to business performance.

Minimum Education Requirements

Bachelor's degree or above in Finance, Accounting, Economics, Business Administration, Information Management, Data Analytics, Statistics, Engineering, or related field

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)

Hours Per Week

40

Pay Transparency details

US - NJ - Jersey City - 525 Washington Blvd (NJ2525)

Pay and benefits information

Pay range $72,000.00 - $130,700.00 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.

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.

Privacy Statement

https://careers.bankofamerica.com/en-us/privacy-notice

Bank of America Culture

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.

Partnering Locally

Learn about some of the ways Bank of America is making a difference in the communities we serve.

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

Learn about our four values that represent what we believe.

Pay Transparency

https://careers.bankofamerica.com/en-us/pay-transparency