Data Support Sr Analyst - Market Risk

$110,000 - $130,000 yearly
  • The Resume Review - Recruiting Department
  • Jersey City, NJ, USA
  • May 26, 2022
Full time Accounting Finance

Job Description

Job description
LOB Specific Description:
This company is one of the world's largest 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-management products and services. Following the acquisition of Merrill Lynch on January 1, 2009, Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world.
 
Job Description
This role as a senior data steward within Risk Operations is responsible for helping to ensure appropriate data quality on behalf of Market Risk for data submitted to the risk management model on a daily basis.

Responsibilities
  • 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)
  • An understanding of financial risk.
  • The ability to handle and analyze large data sets.
  • Ability to critically analyze existing processes with a view to ongoing process improvement and the perceptiveness to appreciate the benefits of striving towards a target state operating model.
  • Strong communication skills and the ability to build and maintain good working relationships with risk managers.
  • Sound judgment, ability to identify & remediate issues.
  • Excellent time management and the ability to priorities.
 
Other 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.
 
Enterprise 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.