Risk Process Analyst

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!

About Us Summary

Global Risk Analytics (GRA) is a sub-line of business within Global Risk Management (GRM). The GRA team provides quantitative capabilities supporting global risk management and capital management and develops a consistent set of risk and capital models and analytical tools that support decision making across the bank.

Job Profile Summary

This role supports the analysis of data flows, business processes, and operational controls that enable critical enterprise activities. The position develops and applies analytical, problem-solving, and technology skills to identify data quality concerns, process inefficiencies, control weaknesses, and operational risks while contributing to efforts that improve data integrity, operational effectiveness, and business outcomes. The role partners with teammates and stakeholders across business, risk, finance, operations, technology, and audit functions to support analysis, reporting, issue resolution, and continuous improvement initiatives.

Responsibilities

• Support the analysis of business processes, data flows, and operational data to identify data integrity and quality concerns, trends, anomalies, risks, and opportunities to improve the accuracy, completeness, and effectiveness of critical business processes and outcomes.
• Partner with teammates and stakeholders across business, risk, finance, operations, technology, and audit functions to support process reviews, issue resolution, and continuous improvement initiatives.
• Utilize analytical tools, reporting solutions, automation, AI-enabled capabilities, and emerging technologies to generate insights, support decision-making, and communicate findings through reports, dashboards, and visualizations.
• Support business process, governance, and operational improvement activities through research, documentation, and analysis.

Required Skills

• Learning Agility: Demonstrates curiosity and the ability to quickly learn new concepts, technologies, business processes, and industry practices while adapting to changing business needs.
• Data & Analytical Thinking: Applies critical thinking, quantitative reasoning, and problem-solving techniques to analyze information, identify patterns, and develop meaningful insights.
• Process Awareness: Develops an understanding of business processes, operational workflows, and controls to evaluate how organizations achieve desired outcomes.
• Technology & Innovation: : Utilizes data analytics, SQL, automation, AI, GenAI, process analysis, or related technologies to support business analysis and operational improvements.
• Collaboration: Works effectively with teammates and stakeholders to achieve shared goals, solve problems, and support organizational objectives.
• Communication: Communicates ideas, findings, and recommendations clearly through written, verbal, and visual communication methods.
• Business Acumen: Develops an understanding of business operations, financial concepts, and organizational objectives to support informed decision-making.

Minimum Education Requirements & Experience

• Bachelor's degree in Business Administration, Finance, Economics, Accounting, Risk Management, Data Analytics, Statistics, Information Systems, Engineering, Computer Science, Mathematics, or a related field.
• Internship, project, research, leadership, or work experience involving analytics, data analysis, process improvement, technology, finance, operations, or risk management.

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NJ - Jersey City - 525 Washington Blvd (NJ2525)

Pay and benefits information

Pay range

$65,000.00 - $87,700.00 annualized salary, offers to be determined based on experience, education and skill set.

Predictable pay

This role is compensated with a base salary and is not incentive eligible.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.