Risk Analysis Specialist II

at  Bank of America

JOB DESCRIPTION:

Job Title: Risk Analysis Specialist
Corporate Title: Vice President
Location: London

ROLE OVERVIEW:

This job is responsible for supporting data and technology requests, complex reporting and analysis, and modeling to manage risk and minimize credit and operating losses. Key responsibilities include reviewing and analyzing portfolio trends, supporting the development of more complex databases or queries to extract data, and supporting the production of data for internal and external reporting needs. Job expectations include working with Technology to implement changes necessary to support ongoing data needs.

RESPONSIBILITIES:

• The CRISA team is responsible for producing reports, dashboards and analysis used to identify, monitor and manage credit risk across the bank. We provide associates with views such as counterparty credit risk (CCR), country of risk and legal entity which are necessary to manage credit risk for Bank of America around the world. The Risk Analysis Specialist will:
• Produce regular reporting for CCR, international and legal entity following well defined processes
• Investigate data issues, answer questions, provide analysis and enhance reports as knowledge and experience grows
• Provide support during global incidents such as natural disasters and geo-political events.
• Supports the development and execution of reporting to allow Risk and business partners to effectively identify and manage risk
• Analyzes trends and supports the data design, portfolio trends, loss trends, and portfolio dynamics to ensure alignment with business strategies
• Provides analytical support on various product strategic initiatives affecting multiple Risk functions and lines of business to ensure company goals are met
• Participates in the development of database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data
• Supports with responding to complex ad-hoc requests for information from both internal and external parties
• Provides support on cross-functional efforts to remediate data quality issues
• Monitors the outputs of controls and investigates alerts from the control checks