Risk Process Analyst
Company: Disability Solutions
Location: Atlanta
Posted on: October 3, 2024
|
|
Job Description:
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!Job Description:Works under senior management
and with other team members. Proactively monitors and remediates
incoming data used in risk measurement and reporting. Ensures the
completeness, validity, and accuracy of data on a daily basis.
Creates reports and analysis on the quality of data used in risk
systems. Implements effective risk controls for our data processes
and systems. Participates in user acceptance testing of data
control processes.Risk Process AnalystTeam OverviewGlobal 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. Role OverviewWe are
seeking Risk Process Analysts to join our team. This role is
integral to the Bank's commitment to process excellence and the
candidate will learn about, and conduct activities that support,
all aspects of the end-to-end testing lifecycle. The team develops
and executes tests to evaluate the effectiveness of Bank of
America's processes and controls, and adherence to applicable
Laws/Rules/Regulations, policies, and procedures. The processes to
be assessed are in areas that span across all Lines of Business
from Consumer to Global Markets and cover Products (e.g., card,
mortgage, derivatives), Regulations (e.g., Reg W, Dodd Frank), and
Enterprise Processes (e.g., Fraud, AML, Payments, Complaints),
providing an opportunity for candidates to gain wide exposure to
how the Bank operates early in their careers. The outputs of the
tests are used by the Bank to drive process improvements and timely
detection and reporting of errors.The Risk Process Analyst works
closely with teammates in GRA/EIT as well as process owners in the
Lines of Business and Enterprise functions to obtain an
understanding of processes, including underlying data, flows, and
controls, and to identify risks to successful execution, so that
appropriate testing and monitoring can be developed. Examples of
day-to- day responsibilities a Risk Process Analyst may perform
include:
Keywords: Disability Solutions, Warner Robins , Risk Process Analyst, Professions , Atlanta, Georgia
Click
here to apply!
|