Risk Process Analyst

About the role

Bank of America is guided by a common purpose to help make financial lives better through the power of every connection. The firm emphasizes responsible growth, an inclusive workplace, and a culture of caring that supports teammates’ physical, emotional, and financial wellness. The role supports the development, execution, and continuous improvement of Enterprise Independent Testing (EIT) capabilities used to assess business processes, controls, and risk management practices across the Bank.

Responsibilities

• Embodies EIT core skills: critical thinking, decisiveness, proactive problem solving, project management, risk management, adaptability, collaboration, effective communication, and control rigor and discipline.
• Supports the development, enhancement, execution, and maintenance of testing methodologies, analytical tools, and testing scripts used to evaluate process and control effectiveness.
• Develops an understanding of business processes, associated risks, controls, data sources, and regulatory requirements to support testing activities.
• Assists with gathering, validating, analyzing, and documenting data required for test development and test execution.
• Executes testing activities in accordance with established methodologies, procedures, and quality standards.
• Documents testing procedures, observations, results, and supporting evidence in a clear, concise, and repeatable manner.
• Identifies, documents, and escalates testing exceptions, defects, and process concerns in a timely manner.
• Performs analysis to identify trends, themes, and potential risk indicators within testing results.
• Collaborates with teammates and business partners to support continuous improvement, automation, and standardization efforts across the testing lifecycle.
• Builds knowledge of EIT methodologies, operational risk management practices, and banking processes through training, coaching, and hands‑on experience.

Desired Skills

• Attention to detail
• Prioritization and time management
• Risk management
• Business process analysis
• Monitoring, surveillance, and testing
• Risk analytics and data analysis
• Business acumen
• Critical thinking and problem‑solving
• Innovative thinking
• Written and verbal communication
• Relationship building and collaboration
• Stakeholder management and influence
• Process improvement
• Adaptability and continuous learning

Education Requirements

Bachelor’s degree or higher in fields such as Finance, Economics, Mathematics, Computer Science, Statistics, Process and Mechanical Engineering, Operations Research, Data Science, Accounting, or Business Administration.

Schedule

1st shift (United States of America), 40 hours per week.