1+ months

Risk Analysis Sr Manager

Charlotte, NC 28230
**Job Description:**



The Risk Analysis Senior Manager will focus on management and oversight of the banks Default Validation and Reg O processes and will have involvement in broader risk management activities performed by the Risk Rating Group.



The Risk Analysis Senior Manager will manage all aspects of the Default Validation process, which is the banks process to ensure new customer defaults are accurate and meet the Basel definition of default. This function involves coordinating with business partners in each commercial FLU to ensure timely completion of both monthly default reviews as well as reviews of defaults from historical periods. The associate will also proactively identify and mitigate process issues and control gaps. The Risk Analysis Senior Manager will lead the implementation of SIM ideas that will improve process efficiency.



Oversight of the Reg O process involves understanding end-to-end Reg O processes and controls in each FLU to ensure extensions of credit to insiders are managed in accordance with internal policies and regulatory requirements. The Risk Analysis Senior Manager will manage Reg O compliance processes for new extensions of credit to insiders. The associate will also be responsible for managing Reg O committee meetings and coordinating monthly, quarterly, and annual reporting requirements. Other responsibilities include conducting training for Relationship Managers, assisting with the onboarding process of new insiders, and coordinating with Audit/regulators during periodic Reg O exams.



In addition to managing the Default Validation and Reg O processes, as a leader in the Risk Rating Group, the Risk Analysis Senior Manager will lead ad hoc projects related to risk rating processes, models, and tools. The associate will be a key contributor with various responsibilities related to risk rating processes.



**Posting Date** : 07/05/2019



**Location** :

Charlotte, NC, BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST,

- 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: 2019-04-18 Expires: 2019-09-05

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Risk Analysis Sr Manager

Bank of America
Charlotte, NC 28230

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