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Risk Analysis Specialist III

Job in Phoenix, Maricopa County, Arizona, 85003, USA
Listing for: Bank of America
Full Time position
Listed on 2026-11-05
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Analyst
Salary/Wage Range or Industry Benchmark: 90000 - 120000 USD Yearly USD 90000.00 120000.00 YEAR
Job Description & How to Apply Below
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!

Job Description:

This job is responsible for performing analytical requests, reporting and analysis, and assisting with modeling activities to help manage risk and minimize credit and operating losses. Key responsibilities include overseeing portfolio trends, developing data sets or queries to extract data, and supporting the production of internal and external reporting needs. Job expectations include effectively driving information and insights which have significantly impact regulatory, financial accountability, and directly impact to business policies and goals.

Responsibilities:
  • Develops and executes reporting to allow risk and business partners to effectively identify and manage risk in an effective manner

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

  • Participates in various product strategic initiatives affecting multiple risk functions and lines of business to ensure company goals are met

  • Facilitates the development of database production processes and performance reports for senior management, using data mining and other advanced analytical techniques to aggregate data

  • Responds to complex ad‑hoc requests for information from both internal and external parties

  • Coordinates cross‑functional efforts to remediate data quality issues

  • Manages the outputs of controls and investigates alerts from the control checks

  • Develop, maintain, and enhance operational reporting, dashboards, and analytics that support Financial Crimes Investigations forecasting, capacity planning, workforce planning, and performance management activities.

  • Perform data analysis to identify operational trends, volume drivers, productivity impacts, staffing risks, and other factors influencing forecast and capacity planning outcomes.

  • Support forecasting and workforce planning activities by validating inputs, executing scenario analyses, interpreting results, and preparing materials used in management decision‑making.

  • Build management reports, presentations, and ad hoc analyses for business partners, forecasting teams, and senior leadership.

  • Partner with business, operations, forecasting, technology, and risk stakeholders to translate business requirements…

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