Senior Data Analyst -CFO Data Management/ Counterparty

Socket.dev; Charlotte (NC); On-site; USD 85,600 - 132,600; Full time

Benefits offered by this job

Benefits eligible

Job summary

Bank of America is seeking a data governance professional to ensure operational data is fit for purpose, define controls, and monitor processes in line with enterprise standards.

You will triage data incidents, perform impact analysis, train users, and work with business and technology to resolve data issues while maintaining documentation and risk disciplines. The role offers a first shift in New York with competitive benefits.

Qualifications

• 2 years experience in an analytical type related type role.
• Bachelor’s degree in finance or accounting or related field.
• Capacity to handle multiple tasks and work in a flexible environment.
• Ability to think and act independently, detailed oriented and organized.
• Strong communication skills and the ability to build relationships across a matrixed organization.

Responsibilities

• Ensures data is accurate, complete, and fit for performing data analyses through various testing procedures and data controls which help to identify business insights fit for purpose for a particular product set
• Develops and executes on Enterprise Data Management policies and standards, works across teams to ensure adherence, serves as a key point of contact for all topics related to data compliance, and manages operational elements of the (Enterprise Data Strategy Governance and Operations (EDSGO) relationship
• Manages data related incidents and identifies, communicates, and resolves or escalates issues as needed. Data inquiries include questions related to data issues, availability of data, and potential sourcing alternatives to inform
• Develops, manages, and executes on controls, ensuring tracking, monitoring, and resolution of any control breaches with data platform
• Partners with Business and Technology functions to drive the development of business and functional requirements documents and ensures strategic upstream resolution for data related incidents
• Provide Subject Matter Expertise for Counterparty data attributes
• Interface with business partners on their data needs, requirements for new data requests, track and prioritize changes
• Assist team with data analysis and ensure quality of output
• Follow the proper risk disciplines and proactively escalates as needed

Skills

Data Analysis

Data Collection and Entry

Data Governance

Issue Management

Collaboration

Analytical Thinking

Regulatory Compliance

Business Acumen

Production Support

Data Quality Management

Education

Bachelor’s degree in finance or accounting or related field

Tools

Alteryx

Transactional Databases

SQL/Databases

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 ensuring operational data is fit for purpose, defining controls, and monitoring processes are in adherence to enterprise data management standards. Key responsibilities include triaging and remediating data incidents, performing data analysis, training new users, and performing impact analysis stemming from data updates. Job expectations include helping in defining access and ownership of data by domain, conducting quality control, and overseeing data maintenance.

Responsibilities

• Ensures data is accurate, complete, and fit for performing data analyses through various testing procedures and data controls which help to identify business insights fit for purpose for a particular product set
• Develops and executes on Enterprise Data Management policies and standards, works across teams to ensure adherence, serves as a key point of contact for all topics related to data compliance, and manages operational elements of the (Enterprise Data Strategy Governance and Operations (EDSGO) relationship
• Manages data related incidents and identifies, communicates, and resolves or escalates issues as needed. Data inquiries include questions related to data issues, availability of data, and potential sourcing alternatives to inform
• Develops, manages, and executes on controls, ensuring tracking, monitoring, and resolution of any control breaches with data platform
• Partners with Business and Technology functions to drive the development of business and functional requirements documents and ensures strategic upstream resolution for data related incidents
• Provide Subject Matter Expertise for Counterparty data attributes
• Interface with business partners on their data needs, requirements for new data requests, track and prioritize changes
• Assist team with data analysis and ensure quality of output
• Follow the proper risk disciplines and proactively escalates as needed

Required Qualifications

• 2 years experience in an analytical type related type role
• Bachelor’s degree in finance or accounting or related field
• Capacity to handle multiple tasks and work in a flexible environment
• Ability to think and act independently, detailed oriented and organized
• Strong communication skills and the ability to build relationships across a matrixed organization

Desired Qualifications

• Bank of America, Regulatory Reporting experience a plus, including applicable Bank of America platforms (e.g. WCC, CED, CESIUM, PRDS);
• Experience with Agile methodology
• Familiarity with transactional databases
• Exposure to AML/KYC processes
• Data Management experience
• Knowledge of emerging technologies (e.g. Alteryx, artificial intelligence from a data validation/profiling perspective, etc.)

Skills

• Data Collection and Entry
• Data Management
• Data Modeling
• Issue Management
• Policies, Procedures, and Guidelines Management
• Analytical Thinking
• Collaboration
• Data Governance
• Data Quality Management
• Data and Trend Analysis
• Business Acumen
• Controls Management
• Production Support
• Regulatory Compliance
• Solution Design

Shift

1st shift (United States of America)

Hours Per Week

40

Pay Transparency details

US - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544)

Pay range

$85,600.00 - $132,600.00 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.