Bank of America - Richmond, VA
posted 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. This position is responsible for performing complex analysis and modeling to minimize loss exposure and negative impacts to the customer experience. The role involves utilizing a variety of systems such as Excel, SAS, SQL, Tableau, and other relational databases to provide analytical support on strategies, ensure goals are met, and propose policy and procedural changes within segmentation structures to produce optimal results. Job expectations include evaluating data to assess potential fraud risk and create mitigation strategies. The successful candidate will recommend ways to help the business achieve desired outcomes and make informed business decisions using data analysis outputs. They will perform complex analysis of financial models, market data, financial data, and portfolio trends to understand product performance and improve portfolio risk, profitability, performance forecasting, and operational performance. Additionally, the candidate will lead the coordination of the production of product performance reports and updates for senior management, ensuring that the insights derived from the analysis are actionable and aligned with the company's strategic goals.