
Job Information
Bank of America Regulatory Sr Data Analyst in Boston, Massachusetts
Regulatory Sr Data Analyst
Charlotte, North Carolina;New York, New York; Seattle, Washington; Dallas, Texas; Chicago, Illinois; Boston, Massachusetts; Washington, District of Columbia; Los Angeles, California; Phoenix, Arizona
Job Description:
The Analytics & Information Strategy (AIS) team is part of the Global Banking organization. The primary focus of the AIS team is to produce simplified, high-quality Global Banking data. This team is responsible for centralizing wholesale credit data processes, including platforms, data management, data remediation, and reporting. The team partners directly with the Global Technology & Operations team and subject matter experts across Global Banking.
This Sr Data Analyst role will be a member of the Regulatory Data team within Analytics & Information Strategy. The Regulatory Data team provides subject matter expertise, manages data capture and sourcing and provides data for critical U.S. and international regulatory reporting for wholesale credit including FR Y-14Q Schedule H, AnaCredit and HMDA (Home Mortgage Disclosure Act).
Responsibilities:
Support monthly and quarterly FRY14Q Schedule H Wholesale Risk data provisioning and submission to Federal Reserve Bank
Work closely with LOB and enterprise risk management teams in identifying critical gaps and providing and practical business solutions
Participate in or develop strategic data sourcing models to transform existing processes and address data gaps in order to integrate with target state OpEx initiatives
Review and analyze trends in current population distributions and recommend reporting strategies
Support comprehensive audits and data quality reviews
Create and update user training and guidance documentation resulting from enhancements and/or changes to existing supplemental data capture processes
Participate in the development of data quality observation responses
This role will collaborate closely with wholesale credit teams, reporting production teams, data owners, finance/risk reporting teams, and the CFO Group to deploy regulatory reporting solutions, execute initiatives to improve data quality and operational excellence, and provide subject matter expertise on regulatory data requirements.
Qualifications:
Must have knowledge and/or experience working with wholesale credit-related processes and systems, domestic or international regulatory reporting requirements and enterprise data management standards. Requires proven executive communication skills and ability to lead effectively across a highly-matrixed structure. Does not have staff management responsibility.
Required Skills:
Familiarity with bank’s wholesale credit products, processes, and systems
Ability to analyze problems and identify both tactical and strategic solutions to resolve
Strong verbal and written communication skills, including ability to influence decisions to achieve desired results
Excellent organizational skills and ability to handle multiple tasks to meet tight deadlines
Proven leader within highly-matrixed organizations
Ability to navigate the enterprise to research and resource information across the bank
Strong familiarity with Bank’s credit risk and loan data systems
Data skills and experience with analysis and reporting tools, including basic SQL and intermediate Excel
3-5 years of finance/risk analytics experience
Data reporting experience
Knowledge of application of data management principles
Shift:
1st shift (United States of America)
Hours Per Week:
40
Learn more about this role
Full time
JR-21007453
Manages People: No
Travel: No
Manager:
Talent Acquisition Contact:
Referral Bonus:
Bank of America
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