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Business Analyst - Market Risk

Company: Disability Solutions
Location: Jersey City
Posted on: July 2, 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 Summary: Enterprise Risk & Finance Technology's Market Risk Technology team is searching for a talented, seasoned and highly motivated Business Analyst. Programs focus on building out a strategic platform that leverages standardized inputs and calculations across markets, risk and finance. This is a multiyear effort in a business-critical domain. The Global Markets Risk function provides independent risk oversight of all activities giving rise to price risk, interest rate risk and counterparty credit risk at Bank of America and is the primary risk oversight function for the Global Markets business line.We are looking for looking for a talented and highly motivated technical business analyst who can lead key deliveries for the program. The right candidate will help deliver new functionality to the Market Risk Technology team to deliver a strategic platform with Markets and Finance stakeholders for managing and reporting out on Market Risk.Job Description:This job is responsible for planning and coordinating the execution of project/small program deliverables which requires the engagement of multiple teams. Key responsibilities include communicating work objectives, coordinating delivery, facilitating sync points across teams, providing end-to-end visibility into the health of the deliverables, and managing program risk and compliance to standards. Job expectations include ensuring delivery meets the client's expectations in terms of the functionality, quality, timeline, and cost.Responsibilities:

  • Leads and coordinates routines to support delivery (for example, kick-offs, status reviews, stakeholder meetings, change controls, and tollgates, etc.)
  • Manages coordination of delivery and dependencies across multiple teams
  • Facilitates communication and collaboration across organizations to support the deliverable completion and timeline
  • Provides status updates for the deliverables to stakeholders and leadership pertaining to delivery, risks, issues, and schedule
  • Works with sponsors and stakeholders to ensure that execution is aligned with deliverable requirements
  • Supports resource planning for delivery and execution
  • Ensures adherence with Enterprise Change Management standardsRequired Qualifications:
    • Minimum of 5-7 years of applicable experience.
    • Understand business requirements and lead analysis and translation into technical requirements including budgeting and technical documentation
    • Review technical designs with the development team and ensure it meets the business partner requirements and is a scalable solution to meet longer term strategy
    • Key contributor in Agile routines including sprint and capacity planning, prioritizing tasks for releases, back-log maintenance
    • Review initial testing/analysis of implementation/results to ensure the accuracy of implementation
    • Ability to work with GMR business partners and development and QA teams on planning and prioritization including capacity constraints
    • Provide support for business partners in required user acceptance testing
    • Identify and manage cross project or functional interdependencies
    • Deliver timely and accurate weekly status reports on projects
    • Identify success metrics and review performance with business partners and leadershipDesired Qualifications:
      • Strong Market Risk, Risk or Front Office experience
      • Strong financial products knowledge
      • Solid understanding of regulatory landscape
      • Excellent analytical and quantitative skills
      • Strong problem solving skills and experience in analyzing large volumes of financial data
      • Ability to effectively communicate within a multi-disciplined team and demanding business users
      • Good organization skills with efficient follow-ups & driving conclusions
      • Experience with SDLC and agile methodologies
      • Excellent technical skills in SQL, Excel, VBA. Python is a plus
      • Computer Engineering/ Financial degree
        • High level understanding of BAC Enterprise Change Standards is a plusSkills:
          • Collaboration
          • Project Management
          • Result Orientation
          • Solution Delivery Process
          • Stakeholder Management
          • Analytical Thinking
          • Business Acumen
          • Financial Management
          • Influence
          • Risk ManagementShift:1st shift (United States of America)Hours Per Week: 40

Keywords: Disability Solutions, Jersey City , Business Analyst - Market Risk, Professions , Jersey City, New Jersey

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