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Sampling Methodology Oversight Senior Analyst

Charlotte, North Carolina;Pennington, New Jersey; Atlanta, Georgia; Newark, Delaware; Phoenix, Arizona; Fort Worth, Texas; Chicago, Illinois

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Organization Overview:

Global Risk Analytics (GRA) and Enterprise Independent Testing (EIT) are sub-lines of business within Global Risk Management (GRM). Collectively, they are responsible for developing a consistent and coherent set of models, analytical tools, and tests for effective risk and capital measurement, management and reporting across Bank of America. GRA and EIT partner with the Lines of Business and Enterprise functions to ensure the capabilities it builds address both internal and regulatory requirements, and are responsive to the changing nature of portfolios, economic conditions, and emerging risks. In executing its activities, GRA and EIT drive innovation, process improvement and automation.

Team Overview:

The Enterprise Independent Testing organization within Global Risk Management has an opportunity for a Senior Analyst role within the Sampling Methodology and Oversight (SMO) team. SMO is highly specialized in data analytics and sampling and provides specialty oversight and consulting services across EIT teams involved in data sourcing and sampling activities, as well as business partners outside EIT. Working with a team of highly skilled professionals, you become part of an experienced and dedicated team that is committed to providing quantitative and statistical analysis to Senior Management on the highly visible Enterprise Independent Testing (EIT) team.

Job Description:

Candidate is expected to have expertise in business or risk analytics, sampling methodologies or exploratory data analysis, programming, and analytical reporting. Candidate will work in a collaborative environment but is expected to take initiatives to independently uncover risk issues and drive resolution across multi-functional partners.

Role Overview:

The Senior Analyst Role’s responsibilities include:

+ Play a critical role in implementing and improving the EIT sampling methodologies commensurate with the risk and control profile across various business lines and product portfolios. Focuses on sampling effectiveness and efficiency

+ Assist senior management in installing proactive sampling controls surrounding test data sourcing and sampling. Provides ongoing sampling oversight support and analysis

+ Provide independent evaluation and/or consultation on sampling practices and data sourcing process. Validate the current risk and compliance procedures and identify probable gaps and issues in the existing procedures

+ Identify potential areas for process improvement or upgrade and proposes actionable resolution

+ Drive remediation plans so that any deficiencies identified will be addressed properly by responsible parties. Tracks and reports on remediation activities for performance metrics

+ Provide analytical or quality assurance (QA) support to other EIT priorities and initiatives to address critical or urgent risk issues

+ Deliver to high volumes and/or fast-paced production targets with productivity and accuracy

Required Education & Experience:

+ Post-Graduate degree in an analytical focused subject, e.g. Statistics, Mathematics, Economics, Finance or Business Management with a quantitative concentration

+ 3+ years of experience with business or risk analytics

Required Skills:

+ Strong analytical thinking andquantitative/qualitativeskills

+ Advanced knowledge and skills in data sciences/analytics and sampling techniques

+ Strong coding skills in one of Bank’s common programming languages, e.g. SQL, Python, VBA, Tableau or SAS. High proficiency with Excel pivot tables, formulas and/or Macros.

+ Deliver high-quality results under pressure and in a fast-paced or changing environment. Strong project and/or pipeline management skills

+ Excellent attention to detail and time management

+ Self-starter and problem solver

+ Applies critical thinking and connects the dots on how processes relate to one another

+ Demonstrates ownership and accountability for delivering high quality work, able to prioritize effectively, adapt, and meet strict deadlines

+ Sees opportunities, risks, and connections while engaging with others across different functions and connecting the dots across the organization

+ Strong written, verbal and delivery skills.

+ Strong Partnership and Influencing Skills

+ Ability to think independently, solve complex problems, and suggest solutions.

+ The ability to adapt to change, drive collaboration and excel in problem solving.

+ Proficient in the Microsoft suite

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.