Bank of America - Charlotte, NC
posted about 2 months ago
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! This job is responsible for performing more complex analysis aimed at improving portfolio risk, profitability, performance forecasting, and operational performance for consumer products and related divisions, such as credit cards. Key responsibilities include applying knowledge of multiple business and technical-related topics and independently driving strategic improvements, large-scale projects, and initiatives. Job expectations include working with business counterparts within the Line of Business and partner organizations including Risk and Product teams. The Consumer Product Strategic Analyst IV - Change Management is responsible for performing more complex analysis and modeling for multiple products with the goal of maximizing profits and asset growth and minimizing risk and operating losses and/or other financial and marketing exposures. This role develops complex program models to extract data and uses multiple databases to acquire statistical and financial data. The analyst utilizes portfolio trends to propose policy/procedural changes within segmentation structure to produce optimal results and excels at risk/reward trade-off. Building relationships with external agencies and participating in the rollout of company-wide pilot programs developed as a result of programmed models are also key aspects of this role. Duties primarily include the regular use of discretion, independent judgment, the ability to communicate with multiple levels of management, and the utilization of core leadership behaviors. SAS and/or MicroStrategy experience is preferred, along with 2-5 years of experience. The Change Management team is part of the Internal Organizational Structure: Workforce Strategy, Forecasting and Performance, Reporting & Diagnostics organization within Client Protection. The primary focus of the team is to drive a robust Information Control environment providing a greater level of communication, tracking, and governance. Key priorities for the team include managing tracking for UCRA, SBO, project ingestion coordination, and impact on function, regulatory, policy, product strategy impact tracking on financial rates for losses and capacity needs, and SOP library development, maintenance, and functional training. Generally, the work routine occurs with monthly capacity reviews. As part of the responsibilities of the role, the teammate will develop business partner relationships with operations, strategies, finance & HR. Throughout the tenure of the role, the teammate should gain exposure, acumen, and develop or improve skills in Excel and Senior Leaders/Executive Presentations.