Technical Business Analyst

Bank of America; Jersey City (NJ); On-site; USD 89,000 - 152,000; Full time

Job summary

Bank of America is seeking a seasoned Business Analyst for its Global Risk Analytics team in Jersey City. The role focuses on capturing and refining business and system requirements for a multi-year data-platform program leveraging Spark, Hadoop, and model execution workflows.

You will gather functional, non-functional, and technical requirements, analyze problems, and collaborate with stakeholders to design end-to-end solutions while exploring automation and AI opportunities to improve

Qualifications

• 5+ years minimum experience in system analysis with strong planning, execution, and reporting.
• Experienced in Agile delivery, translating complex data into actionable insights for non-technical stakeholders.
• Knowledge of Hadoop, Hive, Spark, Python.
• Exposure to wireframe tools.
• Understanding of UX concepts.
• Good communication.
• Object oriented language concepts.

Responsibilities

• Understands stakeholder needs to help envision and create a solution to solve a problem.
• Supports cost and benefit analysis to align technology solutions to business strategy.
• Gathers and catalogs functional, non-functional, and technical requirements for stakeholder requests.
• Identifies the impact of modifications and enhancements to applications and assists with end-to-end solution design.
• Assists users and development teams in testing, troubleshooting, and test planning.
• Documents processes, procedures and workflows for technology as needed.
• Identify opportunities for automation and to use AI to improve business and technology processes.

Skills

Agile Practices

Analytical Thinking

Business Acumen

Collaboration

Solution Delivery Process

Stakeholder Management

Data Management

Education

Masters in Computers/Data Science or related technical field

Domain preferably in risk

Tools

Atlassian suite

JIRA

Wireframe tools

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 capturing and refining business or system requirements that may involve a software change. Key responsibilities include working with stakeholders to understand their needs, analyzing problems, capturing requirements, creating solutions, solving problems either manually or through software, and providing subject‑matter expertise on products to support scope and requirement decisions. Job expectations include collaborating with project stakeholders to analyze and confirm requirements, creating, analyzing, and improving processes and writing user and technical stories.

Position Summary:

Enterprise Risk & Finance Technology’s Global Risk Analytics team is searching for a talented, seasoned and highly motivated Business Analyst. Programs focus on building the next generation model development and execution platform including data sourcing. This platform will leverage a host of interesting technologies including Spark and Hadoop and utilize a unique, user‑configurable, workflow‑driven, model execution approach. Programs include data sourcing as well migration of models away from existing platforms to the target platform. This is a multiyear effort in a business critical domain. Global Risk Analytics (GRA) is responsible for developing analytics to support risk modeling activities across all lines of business at the Bank. Uses include CCAR, CECL, IFRS 9 and other regulatory and management reports.

Responsibilities:

• Understands stakeholder needs to help envision and create a solution to solve a problem
• Supports cost and benefit analysis to align technology solutions to business strategy
• Gathers and catalogs functional, non‑functional, and technical requirements for stakeholder requests
• Identifies the impact of modifications and enhancements to applications and assists with identifying integration points and the end‑to‑end solution design
• Assists users and development teams in application testing and troubleshooting, and may help with test planning and configuring test solutions to validate functional and system needs
• Documents processes, procedures and workflows for technology as needed
• Identify opportunities for automation and to use AI to improve business and technology processes

Required Qualifications:

• 5+ years minimum experience in system analysis with strong planning, execution, and reporting expertise
• Experienced in Agile delivery, translating complex data into actionable insights for non‑technical stakeholders
• Knowledge of services, Hadoop, Hive, Spark, Python
• Exposure to wireframe tools
• Understanding of UX concepts
• Good communication
• Object oriented language concepts

Desired Qualifications:

• Masters in Computers/Data Science or related technical field
• Toolsets - Atlassian suite, JIRA
• Domain preferably in risk
• Experience in synthesizing complex data into actionable analysis and presentations to non technical partners
• Project Management tools expertiseProject Management tools expertise
• Proficient in Excel, word and power point

Skills:

• Agile Practices
• Analytical Thinking
• Business Acumen
• Collaboration
• Solution Delivery Process
• Influence
• Result Orientation
• Risk Management
• Solution Design
• Stakeholder Management
• Data Management
• Financial Management
• Technical Strategy Development
• User Experience Design

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 information

Pay range

$89,000.00 - $151,800.00 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.