Risk Process Analyst

Bank of America; Charlotte (NC); On-site; USD 85,000 - 115,000; Full time

Job summary

Bank of America is seeking a qualified professional to support the Enterprise Independent Testing (EIT) capabilities. You will contribute to developing testing processes, validating data, and reporting results, working closely with risk managers and business partners to ensure controls are effective.

The role offers opportunities to grow expertise in risk management, data analytics, and testing methodologies within an in-office environment in the United States.

Qualifications

• Bachelor’s degree or higher in Finance, Economics, CS, or related field.
• Experience in testing lifecycle, risk assessment, and data validation.
• Ability to work with business partners and testing teams.

Responsibilities

• Develop and maintain EIT testing capabilities and scripts.
• Analyze end-to-end processes, risks, and controls.
• Support test development, execution, and result reporting.
• Identify and escalate testing exceptions and issues.
• Collaborate to drive automation and standardization in testing.

Skills

Attention to Detail

Time Management

Risk Management

Business Process Analysis

Testing & Monitoring

Data Analytics

Communication

Collaboration

Stakeholder Management

Process Improvement

Adaptability

Learning Agility

Education

Bachelor's degree or higher in Finance/ Economics/ CS/ Math/ Stats

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.

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! This job is responsible for supporting the development, execution, and continuous improvement of Enterprise Independent Testing (EIT) capabilities used to assess business processes, controls, and risk management practices across the Bank. Key responsibilities include developing an understanding of end‑to‑end business processes, associated risks and controls, and the underlying data that supports testing activities. The role works closely with business partners, risk managers, and testing teams to support test development, test execution, results analysis, and reporting activities. Job expectations include contributing to all phases of the testing lifecycle through process analysis, data validation, documentation, issue identification, and the communication of testing results and insights. This position provides opportunities to build expertise in risk management, process analysis, testing methodologies, and data analytics.

Responsibilities

• Embodies EIT Core Skills: Critical Thinking, Decisiveness, Proactive Problem Solving, Project Management, Risk Management, Adaptability, Collaboration, Effective Communication, and Control Rigor and Discipline
• Supports the development, enhancement, execution, and maintenance of testing methodologies, analytical tools, and testing scripts used to evaluate process and control effectiveness
• Develops an understanding of business processes, associated risks, controls, data sources, and regulatory requirements to support testing activities.
• Assists with gathering, validating, analyzing, and documenting data required for test development and test execution.
• Executes testing activities in accordance with established methodologies, procedures, and quality standards.
• Documents testing procedures, observations, results, and supporting evidence in a clear, concise, and repeatable manner.
• Identifies, documents, and escalates testing exceptions, defects, and process concerns in a timely manner.
• Performs analysis to identify trends, themes, and potential risk indicators within testing results.
• Collaborates with teammates and business partners to support continuous improvement, automation, and standardization efforts across the testing lifecycle.
• Builds knowledge of EIT methodologies, operational risk management practices, and banking processes through training, coaching, and hands‑on experience

Desired Skills

• Attention to Detail
• Prioritization and Time Management
• Risk Management
• Business Process Analysis
• Monitoring, Surveillance, and Testing
• Risk Analytics and Data Analysis
• Business Acumen
• Critical Thinking and Problem‑Solving
• Innovative Thinking
• Written and Verbal Communication
• Relationship Building and Collaboration
• Stakeholder Management and Influence
• Process Improvement
• Adaptability and Continuous Learning

Minimal Education Requirement

• Bachelor’s degrees or above in fields including but not limited to: Finance, Economics, Mathematics, Computer Science, Statistics, Process and Mechanical Engineering, Operations Research, Data Science, Accounting, Business Administration

Shift

1st shift (United States of America)

Hours Per Week

40