Risk Analytics & Forecasting Specialist II

NBMBAA; Newark (NJ); On-site; USD 100,000 - 150,000; Full time

Job summary

Bank of America is seeking an experienced professional to support data and technology requests, complex reporting, and modeling for risk management. You will analyze portfolio trends, develop data extracts, and contribute to internal and external reporting with cross-functional stakeholders.

The role is part of the Wholesale Loss Forecasting Administration and Analytics team, bridging technical models with business needs and regulatory requirements.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, Business, or related field; technical degree acceptable with finance interest.
• Masters degree or CFA progress is a plus and demonstrates advanced knowledge.
• Strong quantitative skills and ability to analyze markets and risk factors.

Responsibilities

• Analyze and communicate model results to stakeholders including risk, finance and regulators.
• Apply quantitative methods to develop overlays meeting risk and regulatory requirements.
• Monitor current and emerging wholesale risks and their impact on forecasts.
• Explain complex results clearly to senior management and align with business strategy.
• Collaborate with partners to identify risk mitigation strategies and improve processes.

Skills

Attention to Detail

Business Intelligence

Data and Trend Analysis

Risk Analytics

Risk Management

Adaptability

Collaboration

Data Visualization

Project Management

Regulatory Relations

Stakeholder Management

Technical Documentation

Tableau

SQL

Python

Education

Bachelor’s degree in Finance, Accounting, Economics, Business, or related field

Masters in one of the aforementioned subjects a plus

Progress toward (or completion of) CFA a plus

Tools

Tableau

SQL

Python

Job description

Bank of America is seeking an experienced professional to support data and technology requests, complex reporting, and modeling for risk management. You will analyze portfolio trends, develop data extracts, and contribute to internal and external reporting with cross-functional stakeholders.

The role is part of the Wholesale Loss Forecasting Administration and Analytics team, bridging technical models with business needs and regulatory requirements.