Risk Automation and Technology Strategy Specialist

Charlotte, NC, United States

Risk Automation and Technology Strategy Specialist page is loaded Risk Automation and Technology Strategy Specialist Apply locations Charlotte Atlanta Dallas Chicago time type Full time posted on Posted Yesterday job requisition id 24013444 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!

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.

GRM RAPID (Risk Automation, Process Improvement and Design) group is a centralized cross-functional team tasked to enhance, simplify and improve processes, provide technology strategy and vision for platforms to drive Operational Excellence within Global Risk Management. The Risk Automation and Technology Strategy Specialist will leverage a strong analytical and consulting mindset to work with leaders working on various technology Strategy and OpEx projects within the strategic framework. The role will work to streamline workflow and business processes and develop tools that help to automate manual processes.

Responsibilities:

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

Monitors the outputs of controls and investigates alerts from the control checks

Streamlines, automates and implements solutions to drive process efficiency and controls across GRM & Tracks and monitors the success of recently implemented tools and process enhancements

Leverages the latest tools and technologies (“toolkit”) to support to GRM while broader scope tech solutions are being built over multi-year time horizon

Develops expertise in various automation tools by pursuing hands-on training and certifications.

Develop visualization tools and dashboards to capture key risks for crisis management & Develop tools to improve a variety of GRM processes including the CCAR stress data review and VaR validation and review

Required Qualifications:

3+ year’s minimum work experience in technology strategy, initiatives planning, automation, analytics, digital transformation, and while not required, experience in or interest in Risk Management.

Hand-on experience building automation workflows, data processes, and visualization dashboards with expert level knowledge of key tools and systems including Tableau, Workiva, Sharepoint, Microsoft Flow and Alteryx

Expertise in Microsoft suite of products (Office Online, Workiva) for automation of reporting and documents

Leverages strong knowledge of Global Risk Management needs, priorities and deliverables to build solutions to support the business

Applies critical thinking, analytical skills, and thoughtful, fact-based approach to solve complex problems

Effective communication skills; able to communicate complex ideas in a clear manner to a diverse array of audiences

Ability to manage multiple priorities and execute a high volume of competing priorities with acute attention to detail and accuracy

Knowledge of various cloud and on-premise data platforms and ability to think strategically to combine data to provide optimal solutions

Skills:

Attention to Detail

Business Intelligence

Data and Trend Analysis

Risk Analytics

Risk Management

Adaptability

Collaboration

Continuous Improvement

Data Visualization

Project Management

Business Acumen

Issue Management

Regulatory Relations

Stakeholder Management

Technical Documentation

Shift:

1st shift (United States of America) Hours Per Week:

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Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity.

Regardless of the position you are interested in, the starting points to building your resume are the same:

1. Determine the job or types of jobs you want to do and research their responsibilities and qualifications.

2. Think about why you can do the job and make a list of your skills that are relative to the job.

3. Identify experiences or accomplishments that show your proficiency in the skills required for the job.

4. Summarize your abilities, accomplishments and skills into a brief, concise document.

Considerations when writing a resume

• Do be brief. Resumes should be 1-2 pages in length.

• Do be upbeat and active in your wording.

• Do emphasize what you have done clearly and concretely.

• Do be neat and well organized.

• Do have others proofread and critique your resume. Spell check. Make it error free.

• Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible.

• Don't be dishonest, always tell the truth about yourself in the most flattering light.

• Don't include salary history or requirements.

• Don't include references.

• Don't include accomplishments that do not support your professional goals.

• Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.)

• Don't use italics, underlining, shadows or other fancy treatments.

Seven steps to a successful interview

1. Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview?

2. Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available?

3. Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight.

4. Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down.

5. Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks.

6. Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease.

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