| Employer: | Bank of America
| Job Ref No: |
1200003897
| Job Title: |
Emerging Credit & Student Strategy Analyst (Account Management) : 1200003897
| Sector: |
Asset Management
| Risk Type: |
Credit
| Expertise: |
Other
|
Responsible for performing complex analysis aimed at improving portfolio risk, profitability, performance forecasting and operational performance for consumer products and the related divisions such as credit cards. While this position has no direct people management responsibilities, it does require the ability to interact with business partners both within and external to the department. This position requires being the subject matter expert on multiple business-related and technical-related topics and an ability to independently drive strategic improvements. Key functions involve owning asset quality monitoring, identifying business trends based on economic and portfolio conditions, and executing strategic enhancements. Responsible for conducting interviews, training, Card Strategy Management / Consumer Product Analysts, and mentoring less tenured analysts. Communicates business trends creates financial assessments and interprets risk analytics for senior management. Proven experience at developing technical skills of their team. Detailed knowledge of SAS / SQL, financial statements, and business processes preferred. Sound knowledge of SAS / SQL, financial statements, and business processes preferred. 5+ years Strategic Analysis experience preferred
Additional Information:
Responsible for the development, execution, and validation of account management strategies in support of Emerging Credit and Student lending within the US Credit Card portfolio. Performs risk analysis to maximize profits and asset growth while minimizing credit and operating losses and other risk exposures. Coordinates the production of performance reports and updates for senior management. Accountable for the achievement of risk performance goals. Works closely with business partners to share risk data, communicate strategy changes, and drive business transformation. Strong analytical skills with experience manipulating large data sets in SAS or similar software. Able to work independently to drive strategic enhancements with proven experience in managing credit strategies. Qualifications
Required Skills:
- Bachelors degree Finance/Economics/Statistics or related field or sufficient credit experience
- Proven analytical ability as demonstrated through 4+ years related work experience
- Detailed knowledge of and hands on experience using database software and analytical/reporting tools, such as SAS, SQL, DB2
- Advanced knowledge of MS Office applications (Excel, PowerPoint, Word, and Access)
- Strong working knowledge of the process and tools used for development, validation, implementation and documentation of credit risk and/or marketing business strategies and scoring toolkits
- Strong written and verbal communication skills
- Effective presentation and organizational skills; ability to collaborate, manage, and expand relationships across the organization and with all levels of management
- Experience in using data to derive trends, detect risks, and execute strategy projects
- Strong understanding of risk strategies, fiancial drivers, and credit operations with proven problem solving skills
Desired Skills:
- Master's Degree in Finance/Economics/Statistics or related field
- Previous credit experience and knowledge of credit policies for consumer or small business lending; credit card experience a plus
- 5+ years experience manipulating large data sets in SAS/SQL
- SAS certification
| Region/Country: |
Americas, United States
| States/Counties: |
Delaware
| City: |
Charlotte
| Address: | | Post Date: | 02/09/2012 |
