Risk Analysis Specialist

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!

• Responsible for advising client teams when their clients become financially challenged; making recommendations to reduce credit limits for their treasury services or move to prefunding. Manage team reporting, team mailbox and pulling data necessary for reviews. Guide client teams through Bankruptcy process and steps to ensure compliance with court documents. Act as a liaison between Legal and the Client Team.

• Contribute/lead projects providing risk guidance with examples including regulatory requirements, audit issues, policy/procedures review and product development/expansion.

• Identifies and drives operational excellence opportunities through process transformation, automation, and continuous improvement initiatives.

• Supports the development and execution of reporting to allow risk and business partners to effectively identify and manage risk in an effective manner

• Analyzes trends and supports the data design, portfolio trends, loss trends, and portfolio dynamics to ensure alignment with business strategies

• Supports 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, using data mining and other advanced analytical techniques to aggregate data

• Support responses to ad-hoc requests for information from both internal and external parties

• Provides support on efforts to remediate data quality issues

• Assists with Helps to monitoring the outputs of controls and investigates alerts from the control checks

• 4+ years experience in treasury/payments/transaction banking with strong knowledge of Global Payments Solutions products/services

• Experience using SQL, Power Apps/Power Automate, Copilot

• Credit/Risk background or Operational Risk equivalent experience

• Strong risk mindset and able to debate, elevate issues and concerns

• Strong analytical skills

• Strong project management skills; attention to detail; ability to drive projects to conclusion

• Ability to manage multiple tasks and stakeholders at once, prioritize workflow and deliver results under pressure and time constraints

• Excellent…