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Data Support Sr Analyst - Global Market Ops

Company: Bank of America
Location: Jersey City
Posted on: January 15, 2022

Job Description:

Job Description:A key member of the data steward team responsible for analyzing data quality on behalf of the Market Risk function to ensure timely and accurate reporting of risk exposures and portfolio risk measures to senior management and the regulators. This will require an understanding of financial products and the inputs required in the calculation of trade measures as well as an appreciation of the F2B data transport and infrastructure. The role involves working closely with both risk managers and technology to remediate data issues and identify opportunities for process and control improvement. It requires a strong control mindset and a willingness to challenge and improve the control framework in line with the enterprise policies and standards that govern data management. There will be opportunities to influence and design target state controls and to work closely with technology on their implementation.ResponsibilitiesIdentify opportunities and suggest solutions to improve data quality and business processesParticipate in simplifying and improving market risk adherence efforts to regulatory policies, risk data aggregation standards, and enterprise-mandated standardsImprove data quality diagnostics, investigate possible data errors and remediate poor dataResearch new data requirements and closely work with Risk Managers and technology to identify solutionsWork with technology on strategic initiatives and sourcing projects and participate in User Acceptance Testing and impact analysesAnalyze and confirm metrics / controls / threshold are effective with LOB Risk Executives and sufficient for complianceEnterprise Role Overview:May manage or supervise a small group. Proactively monitor and remediate incoming data used in risk measurement and reporting. Ensure the completeness, validity, and accuracy of data on a daily basis. Work with business data users to define the use of data within risk systems. Work closely with technology to ensure the timely and accurate operation of risk models and reporting systems. Implement effective risk controls of our data processes and systems. Participate in user acceptance testing of data control processes. Work with other groups as needed, including Middle Office, Sales and Trading, Technology, Compliance, Operational Risk, and Enterprise Capital Management to ensure effective controls over data for GMRM.Required Skills: (Must have these skills to be minimally qualified)Knowledge of financial products, risk and / or P&L gained in market risk management, product control or similar roleEvidence of an interest in data and data analysis Excellent communication & analytical skillsAbility to work under pressure in a team environment and across different geographical locationsAbility to liaise with all levels of the firm and people with different experiences and backgroundsDesired Skills:Knowledge of Global Markets processes and systems from trade capture through to risk / P&L reporting Advanced Excel/VBA skills SQL and python skills to build and maintain tools to simplify and improve processes, and eliminate manual / repetitive tasksOther Qualifications:Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.Excels in working among diverse viewpoints to determine the best path forward.Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner.Commitment to challenging the status quo and promoting positive change.Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.Shift:1st shift (United States of America)Hours Per Week: -40Full time

Keywords: Bank of America, Jersey City , Data Support Sr Analyst - Global Market Ops, Professions , Jersey City, New Jersey

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