Risk Process Analyst

About the Role

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. This 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. The position involves working closely with business partners, risk managers, and testing teams to support test development, execution, results analysis, and reporting. You will contribute to all phases of the testing lifecycle through process analysis, data validation, documentation, issue identification, and communication of testing results and insights. This role provides opportunities to build expertise in risk management, process analysis, testing methodologies, and data analytics.

Responsibilities

• Embody EIT Core Skills: Critical Thinking, Decisiveness, Proactive Problem Solving, Project Management, Risk Management, Adaptability, Collaboration, Effective Communication, and Control Rigor and Discipline.
• Support the development, enhancement, execution, and maintenance of testing methodologies, analytical tools, and testing scripts used to evaluate process and control effectiveness.
• Develop an understanding of business processes, associated risks, controls, data sources, and regulatory requirements to support testing activities.
• Assist with gathering, validating, analyzing, and documenting data required for test development and execution.
• Execute testing activities in accordance with established methodologies, procedures, and quality standards.
• Document testing procedures, observations, results, and supporting evidence in a clear, concise, and repeatable manner.
• Identify, document, and escalate testing exceptions, defects, and process concerns in a timely manner.
• Perform analysis to identify trends, themes, and potential risk indicators within testing results.
• Collaborate with teammates and business partners to support continuous improvement, automation, and standardization efforts across the testing lifecycle.
• Build knowledge of EIT methodologies, operational risk management practices, and banking processes through training, coaching, and hands-on experience.

Requirements

• Bachelor’s degree or above in fields including but not limited to: Finance, Economics, Mathematics, Computer Science, Statistics, Process and Mechanical Engineering, Operations Research, Data Science, Accounting, or Business Administration.

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

Schedule

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