Job Description:
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.
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Job Description:
Manages/oversees the analytical, team, & client responsibilities across a targeted group of Analytical resources consisting of Senior Analysts, Team Leads, and Analysts; serving one or more senior executives with functional responsibility across Wealth and Consumer channels, products, marketing Ensures appropriate focus and alignment of staff and resources Identifies opportunities for collaboration across the Analytics organization to effectively deliver against priorities. Supervises, directs, and communicates complex analyses using a variety of tools, techniques and resources to deliver insights that drive business direction and decision making. Partners with P&L owners and senior executives to identify, analyze, and propose solutions to a variety of business problems using data driven insights. Develops employees within the analytical discipline to be able to communicate and improve their business insight capabilities.
Experience in supervising/leading technical or complex projects and managing to an outcome(directly or indirectly). Proven track record in financial services, consumer products, or marketing business / analytics. Knowledge of current data techniques, and tools. Bachelors Degree. Demonstrated understanding of statistical data uses in business decisions.
The Consumer AML Front Line Unit (FLU) business control function sits within the Retail Client Protection organization and is responsible for end-to-end controls related to compliance with the Bank Secrecy Act. Client Protection works directly with the Second and Third Line Units as part of an integrated approach to financial crimes compliance. This positioning ensures that our analysts are exposed to a broad range of financial crimes business problems, including AML, Sanctions, and Fraud.
The Client Quantitative Analytics Manager contributes to the strategic direction and drives the development of Consumer AML's Advanced Analytics Team. The Client Quantitative Analytics Manger serves as a trusted advisor to the Consumer AML Leadership team directly.
This role will:
Improve Consumer's compliance position in an evolving regulatory environment, while collaborating with partners across the enterprise to identify opportunities to apply more consistent risk management across lines of business.
Responsibilities:
• Contribute to cross-FLU remediation, manage and execute functional requirements, ensure adherence to internal/external regulations, and monitor program efficiency.
• Provide leadership direction, attracting, assessing, developing, motivating broader work team, as well as ensuring a positive team culture.
• Lead the strategic process of empowering an organization to harness the full potential of its analytics assets.
• Create an environment where advanced analytics capabilities are readily accessible, well-managed, and used effectively to drive decision-making and innovation.
• Be a proven leader of leaders.
• Have deep and diverse experience in highly visible regulatory environments, including strong knowledge of Model Risk Management techniques.
Required Qualifications:
- 10+ years financial services industry and/or analytics experience
- Expert knowledge of common data engineering techniques, including use of SQL in large relational databases
- Advanced knowledge of statistical and data mining methods, and fluency in relevant software or programming languages (e.g., SAS, Python)
- Ability to use highly technical/analytics skillset to influence business direction and strategy
- Demonstrated followership and mobilization of indirect resources/stakeholders to deliver sustainable results
- Demonstrated attention to detail with the ability to think broadly and connect activities to strategy
- Highly organized with the ability to prioritize competing demands, managing multiple priorities and executing goals with less than complete data
- Strong combination of strategic and tactical planning acumen
- Strategic thinker comfortable with the senior management level
- Proven presentation skills: ability to present key messages, recommendations and information in a clear, concise and insightful way and synthesize information key to relevant points
- Ability to cultivate a positive team culture, and ensure broader collaboration across the enterprise
- Outstanding verbal and written communication skills; ability to simplify and summarize complex topics
- Ability to work in a fast-paced environment with strong attention to detail
- Ability to influence effectively at all levels within the organization
- Ability to analyze and present regulatory data and information
- Strong discipline in risk/reward evaluation, communication and final disposition to manage work within risk appetite
Desired Qualifications:
- Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
- Master's or Bachelor's degree in quantitative field such as Data Science, Economics, Engineering, Finance, Statistics, Mathematics or Physics
- Working knowledge of BSA/AML and accepted industry practices
- Broad understanding of financial products and experience supporting highly regulated initiatives in a large complex financial institution
Skills:
- Analytical Thinking
- Critical Thinking
- Process Simplification
- Talent Development
- Technical Strategy Development
- Business Acumen
- Business Analytics
- Business Intelligence
- Innovative Thinking
- Strategic Thinking
- Continuous Improvement
- Decision Making
- Executive Presence
- Hiring and Onboarding
- Influence
Minimum Education Requirement: Bachelor's degree or equivalent work experience
Shift:
1st shift (United States of America)
Hours Per Week:
40