Risk Analysis Sr. Manager

Welcome to Bank of America, where we strive to protect the financial well-being of our clients through comprehensive risk management strategies. As a Risk Analysis Sr. Manager, you will play a crucial role in identifying and mitigating potential risks within our organization. We are seeking a highly experienced and detail-oriented individual who can lead a team in identifying, analyzing, and evaluating risks across all business areas. With your expertise, you will help us maintain our reputation as a trusted and secure financial institution. Join us in our mission to provide peace of mind to our customers and contribute to the success of Bank of America. To excel in this role, you should possess a strong understanding of risk management principles and have a proven track record of effectively managing risk in a financial institution. Furthermore, you should have excellent communication and leadership skills, as you will collaborate with various teams and stakeholders to implement risk management strategies. A degree in finance, economics, or a related field is required, and a professional certification in risk management is preferred. If you are a strategic thinker with a passion for safeguarding financial stability, we invite you to apply for the role of Risk Analysis Sr. Manager at Bank of America.

1. Develop and implement comprehensive risk management strategies to protect Bank of America and its clients.
2. Lead a team in identifying, analyzing, and evaluating potential risks across all business areas.
3. Collaborate with various teams and stakeholders to ensure the effective implementation of risk management strategies.
4. Stay updated on industry trends and regulations to ensure compliance and enhance risk management processes.
5. Conduct risk assessments and communicate findings to senior management and other relevant stakeholders.
6. Develop and maintain risk management policies, procedures, and guidelines.
7. Provide guidance and support to other departments on risk management best practices.
8. Monitor and report on the effectiveness of risk management strategies and make recommendations for improvement.
9. Support the development and maintenance of risk management tools and systems.
10. Train and mentor team members to enhance their knowledge and skills in risk management.
11. Act as a key point of contact for external auditors and regulators.
12. Represent Bank of America in industry forums and conferences related to risk management.
13. Conduct regular reviews and updates of risk management policies and procedures to ensure they remain relevant and effective.
14. Ensure timely and accurate reporting of risk-related data and metrics.
15. Maintain a high level of confidentiality and integrity in handling sensitive information.
16. Collaborate with other risk management teams within the organization to identify and mitigate cross-functional risks.
17. Stay informed about emerging risks and provide recommendations to mitigate them.
18. Act as a subject matter expert on risk management principles and practices.
19. Communicate risk management updates and changes to relevant stakeholders.
20. Continuously assess and improve the risk management process to ensure its effectiveness and efficiency.

According to JobzMall, the average salary range for a Risk Analysis Sr. Manager is between $100,000 and $200,000 per year. This can vary depending on the specific industry, location, and level of experience. Senior managers in this field typically have several years of experience and may also receive bonuses and other benefits in addition to their base salary.

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.