Bank of America Corporation

Cons Prod Strat Analyst III

Bank of America Corporation$75K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 1 year of experience as a Data Analyst or in Project/Process Management in financial services
  • Ability to collaborate effectively with teams and customers
  • Strong business acumen combined with analytical skills to translate data into actionable insights
  • Skilled in managing multiple priorities and meeting project deadlines
  • Excellent communication skills to influence outcomes
  • Experienced in creating and monitoring business requirement documents
  • Proficient in at least two from a set of advanced analytical tools such as SQL, Python, or Tableau

Responsibilities

  • Recommends strategies based on data analysis to guide business decisions
  • Performs in-depth analysis on financial models and market data to optimize product performance
  • Coordinates production of performance reports for senior management
  • Evaluates data to identify potential risks and craft mitigation strategies
  • Develops and maintains reports and dashboards in collaboration with the Product Management team
  • Implements scalable automated solutions to meet both short and long-term business needs
  • Ensures adherence to reporting standards and governance

Benefits

  • Access to industry-leading benefits
  • Paid time off
  • Resources and support for employee impact
  • Opportunities for discretionary incentive awards based on performance
Full Job Description
Job Description:

This job is responsible for performing more complex analysis and modeling to minimize loss exposure and negative impacts to the customer experience. Key responsibilities include utilizing a variety of systems such as Excel, SAS, SQL, Tableau, and other relational data bases 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.

This job is responsible for performing more complex analysis and modeling to minimize loss exposure and negative impacts to the customer experience. Key responsibilities include utilizing a variety of systems such as PowerShell, JavaScript, Alteryx, Python, SQL, Tableau, and other relational data bases to provide analytical support on strategies, ensure goals are met and propose policy and procedural changes within segmentation structures to produce optimal results.

Responsibilities:
The Business Analytics and Enablement Team for Global Operations is seeking an experienced Data Analyst and Developer to support the development and maintenance of reports and dashboards. This person will be responsible for working with our Product Management team to ensure that business, team and enterprise standards for reporting and governance are exceeded. Our team strives to implement scalable automated solutions and creatively solve the business short term needs effectively and efficiently while balancing the solution to support long term vision. Job expectations include evaluating data to assess potential risk and create mitigation strategies.

Responsibilities:

  • Recommends ways to help the business achieve desired outcomes and make informed business decisions using data analysis outputs
  • Performs 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
  • Leads coordination of the production of product performance reports and updates for senior management


Required Skills:
• Minimum 1year experience as Data Analyst or Process/ Project Management or similar role in financial services industry
• Effectively collaborate with team members, customers, and subject matter experts to clarify requirements and complete user acceptance testing
• Talent for combining business acumen with analytical skills, interpret large amounts of data, synthesize multiple analysis into a coherent message and translate into actionable insights
• Ability to manage multiple priorities and meet project delivery dates
• Comfortably communicate (oral and written) with team members and customers to influence outcomes
• Proficient in independent work and team projects, executing on-time and with precision
• Create, review, and monitor requirement documents needed to support repeatability, business continuity, governance and audit requirements
• Stay current with the latest developments in Bank of America approved software and applications
• Expertise in two of the following skills
o JavaScript
o Tableau
o PowerShell
o SQL
o Alteryx
o Python
o PowerQuery
o VBA
o Nintex

Desired Skills:
• Bachelors in Analytics, Data Science, Computer Science or equivalent experience
• Knowledge of agile methodology
• Business understanding of Global Operations

Skills:
  • Business Analytics
  • Business Intelligence
  • Data Quality Management
  • Fraud Management
  • Monitoring, Surveillance, and Testing
  • Collaboration
  • Data Visualization
  • Oral Communications
  • Problem Solving
  • Written Communications
  • Analytical Thinking
  • Critical Thinking
  • Data and Trend Analysis
  • Innovative Thinking
  • Research


Shift:
1st shift (United States of America)

Hours Per Week:
40

Pay Transparency details

US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540), US - NJ - Jersey City - 101 Hudson St - 101 Hudson (NJ2101), US - NJ - Pennington - 1500 American Blvd - Hopewell Bldg 5 (NJ2150)

Pay and benefits information

Pay range

$75,500.00 - $120,900.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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