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Client Quantitative Analyst I

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:This job is responsible for supporting analytical work efforts for various projects within a Line of Business or business discipline. Key responsibilities include leveraging databases to acquire client and performance data, transforming extracted data into meaningful insights and trends, and delivering those insights to leaders to make complex business decisions. Job expectations include working with business partners to understand, coordinate, and deliver agreed upon priorities while communicating complex data outputs and delivering the appropriate summary and data required.Responsibilities:• Supports the extraction of data using a variety of a programming languages, such as SQL, SAS, Python, or Spark/Scala, and applies knowledge of relational and non-relational database systems housed on both on-premise and off-premise (hybrid) platforms• Connects provisioned data across multiple sources and performs necessary transformations utilizing both technical, business, and process knowledge to transform data into meaningful values and insights• Performs quantitative techniques and analysis on customer, transaction, and performance data with the guidance from other analysts and supervisors, based on questions provided by business partners, and provides actionable insights for business partners to make informed decisions.• Follows requirements developed by other analysts and supervisors to perform required research, analytics, and exploration on appropriate and accurate data sources to provide appropriate deliverables• Communicates complex subjects in a simple and engaging manner to non-technical and technical business partners using software such as Power Point, Word, Excel, and Tableau• Assists with conducting quality comparison checks on analysis output and escalates data inconsistencies, gaps, or issues to leadership• Follows quality workflow process and documentation requirements to adhere to standards and provide business continuitySkills:• Business Analytics• Data Mining• Data and Trend Analysis• Analytical Thinking• Business Intelligence• Data Quality Management• Data Visualization• Application Development• Business Acumen• Continuous Improvement• Innovative Thinking• Quality AssuranceLOB Specific Information:This role will collaborate with Consumer and Small Business Anti-Money Laundering to understand and assess their data, processes, and technology to support strategic data initiatives, remediate deficiencies, and drive business requirements.This analyst will build deep knowledge of data domains, supporting systems, data governance, and financial services risk management concepts.This analyst will drive quality and consistency and leverage standardized templates, tools, design practices to promote high quality deliverables and consistent practices across lines of business.This analyst will ultimately document the end-to-end data lineage ecosystem for CSB AML.This analyst will work with Data Lineage Leader to:• Consult with data stewards, process owners, subject matter experts, technical experts, end users and other stakeholders to gather information about the current and target state business process, data attributes and data sources, control features, interfaces with other systems required• Document and provide definitions for processes and procedures, data models, data quality controls, data lineage, and data dictionaries using industry standard methods including business process descriptions, use cases, scenarios, diagrams, flow charts, etc.• Analyze information gathered from multiple sources, reconcile conflicts, segment high-level information into details, and abstract up from low-level information to a general understandin• Assess and identify deficiencies against internal policies and standards or industry best practices, providing formal recommendations and requirements to remediate• Collaborate and partner with technology teams, architects, and other key stakeholders to drive solutions which provide ongoing operational excellence and resiliency to metadata and control environment challenges• Review and provide input to technical solution designs from a business point of view and recommend alternatives• Communicate plans, progress and risks appropriately to the stakeholders and sponsorsLOB Required Qualifications:Technical Expertise• Demonstrates the application of innovative technical solutions to solving complex data intensive challenges• Has or develops a depth of product understanding• 2+ years working with multiple databases, data structures, data modeling and data mapping• Understanding of business process design, data provisioning design, and dynamic movement of data through an application ecosystem• Comfortable with the application of digital technology and inclusion of metadata, lineage, and controls as part of application designExecution Expertise• Ability to drive execution through disciplined oversight• Ability to interpret and evaluate client’s data requirement needs• Excellent verbal and written communication skills• Resourceful and knows how to cultivate relationships across enterprise including technology, operations, product, and lines of business.• Ability to work with a variety of different stakeholders and cross-functional teams• Strong organizational and critical thinking skills• Ability to lead and facilitate meetings and groups• Skilled in fact-finding and data collection with strong attention to detail and precision• Demonstrates an ability to set objectives and organize work appropriately to meet and exceed goalsQualificationsLOB Desired Qualifications:• Bachelors in business, computer science, system analysis, Information Systems or related field• Strong process/systems analysis, design and documentation• Strong analytical, critical thinking, and problem-solving skills• Ability to monitor tight deadlines and adapt to unexpected requirement changes• Strong written and verbal communication skills and ability to lead discussions with counterparts• Self-motivated with an ability to work on one’s own with a strong sense of ownership and accountability in high-pressure situations • Familiarity with Consumer & Small Business Banking• Understanding or experience of programming in SQL• Familiarity with databases and file systems, such as Oracle, Hadoop (SDP), etc. • Direct experience successfully working with second and third lines of defense (i.e. -compliance, audit) to build a defensible program.• Understanding of Risk Management and Data Management Principles Shift:1st shift (United States of America)Hours Per Week:40
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$91K
$131K

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Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk ma...

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Full-time, on-site
DATE POSTED
September 11, 2024

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