1+ months

Lead Forecasting/CCAR Functional Analyst - Jersey City, NJ

Jersey City, NJ 07308
**Job Description:**



Responsible for developing, enhancing, modifying and/or maintaining applications in the Global Markets environment. Software developers design, code, test, debug and document programs as well as support activities for the corporate systems architecture. Employees work closely with business partners in defining requirements for system applications. Employees are expected to have in-depth capital markets product knowledge, and manage a high level of risk. Employees typically have in-depth knowledge of development tools and languages. Is clearly recognized as a content expert by peers. Individual contributor role. Typically requires 5-7 years of applicable experience. This job code is only to be used for associates supporting Global Markets.



Bank of America Enterprise Risk & Finance Technology (ERFT) is responsible for end-to-end technology solutions and support for the Chief Risk Officer and Chief Financial Officer organizations.



Role Overview:



The End to End Forecasting Program focuses on building an integrated process so that all our forecasting, whether stress for CCAR, baseline for strategic planning and any resolution scenarios are run on the same framework. Additionally, the team is responsible for the current Enterprise Stress Testing data warehouse and reporting platforms and capabilities.



This role requires an experienced and highly skilled professional to play an active role within the E2E Forecasting Program working with the front office Lines of Business, Finance, Treasury, Risk and Tax and other Technology teams within the bank. As the functional analyst, the successful candidate will define the end to end functional requirement definition to support the target business process. The candidate will contribute to the software development lifecycle of products and services from inception stage through to the final implementation. The candidate would be required to work closely with the developers to define, build and test the solution to support Forecasting submission often working on multiple projects/work-streams at the same time.



Role Requirements:



A mindset built on simplicity



Proficiency to talk in functional & data terms to clients and the stakeholders



Leadership skills to manage ad-hoc analysis or design deep dives



Understanding of the development lifecycle to ensure the designs are practical adopted by the delivery teams



Responsibilities include:



+ Creating and maintaining functional requirements in partnership and collaboration with the business and obtaining sign-off

+ Responsible for creating functional solutions, conducting FSD walk-through and obtaining sign-off

+ Act as an SME on the E2E Forecasting and Aggregation platform(s) in various capacities and product development opportunities

+ Responsible for working with the developers to ensure correct understanding of requirements and then owning the functional delivery end to end

+ Defining testing requirements together with the QA team

+ Building and maintaining strong relationship with business to ensure alignment with business requirements and project management resources

+ Establishing and operate within the governance (decision making) structure for the program/project and manage/escalate issues and risks.

+ Contribute in design and development of the project-level roadmap, ensuring sufficient business benefit is realized within each phase

+ Ensure projects are completed according to product specifications and are properly documented

+ Work with data sourcing to source and validate data completeness from acquisition to report delivery

+ Work with Stakeholders during UAT to ensure reports meet requirements and ensure all deliveries are signed-off



Required Skills:



+ All candidates must have Integrated Stress Testing in one of the following combinations;

+ CCAR FRY-14A projections and reporting AND Strategic Planning

+ CCAR FRY-14A Model execution for Baseline Stress Projections & Reporting

+ Forecasting & Strategic Planning experience from an Investment Bank or a Financial Services Firm

+ 7+ years experience with at least 3+ years experience as a Business and Functional Analyst

+ Delivery focused techno-functional role. Candidates must have experience in design and build of Java/Python & Oracle based technology stack.

+ Excellent analytical and problem solving skills

+ Attention to detail and self-starter, with an ability to identify risks and issues and suggest improvements.

+ Excellent communication, negotiation, networking and influencing skills

+ Ability to work across multiple business groups and domains

+ Ability to work in a fast paced environment and work under pressure

+ Collaborative, with an ability to share information, transfer knowledge and train new team members

+ Proven ability to balance business demands of different stakeholders and IT fulfillment in terms of standardization, reducing risk and increasing IT flexibility

+ Experience building high-performance, enterprise applications at scale



**Posting Date** : 06/06/2019



**Location** :

Jersey City, NJ, 101 HUDSON ST (NJ2101),

- United States



**Travel** : No



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.

Industry

  • Banking / Finance
Posted: 2019-06-10 Expires: 2019-09-28

Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


Sponsored by:
Farm Credit Services of America Logo
Sponsored by:
Bank of America Logo

Featured Jobs[ View All ]

Featured Employers

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Lead Forecasting/CCAR Functional Analyst - Jersey City, NJ

Bank of America
Jersey City, NJ 07308

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast