| Employer: | Bank of America
| Job Ref No: |
1200003888
| Job Title: |
Risk and Valuation Strategy Analyst - Consumer Products : 1200003888
| Sector: |
Asset Management
| Sub Sector: |
Other
| 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:
Develop tools and methodologies to enable the valuation of credit card applicants and customers. Specific areas of focus will include:
- Impact of macro-economic drivers on credit loss performance in order to explain historical loss performance and predict future loss performance
- Impact of credit line on revenue and credit loss performance, in order to optimally assign credit lines through the lifecycle
- Develop segment or account-level valuation methodologies to build a granular and sophisticated understanding of profitability
- Generate insights on what characteristics differentiate customer profitability, in order to optimally segment applicants and apply differentiated treatments to maximize returns within loss constraints.
The individual will be expected to:
- Provide thought leadership by championing innovative techniques and best practices in the domain of risk and valuation analytics.
- Lead projects and workstreams partnering with internal and external team members.
- Mentor junior team-mates to deliver project results as well as to build team knowledge and capabilities.
Qualifications
Required Skills:
- 5+ years prior experience in developing strategies and/or credit criteria
- Strong analytical, logical reasoning and problem solving skills required.
- Strong knowledge of statistics, and advanced data mining techniques.
- Intermediate knowledge SAS/SQL programming and proficient in MS Office
- Solid financial acumen and understanding of P&L business drivers.
- Ability to communicate effectively and influence others to drive results.
- Effective project management and organizational skills with the ability to prioritize workloads
- Bachelors degree in related field or sufficient credit experience
Desired Skills:
- Masters in Statistics, Applied Economics, Business Administration or related field
- Previous credit experience and knowledge of credit policies for consumer or small business lending
| Region/Country: |
Americas, United States
| States/Counties: |
Delaware
| City: |
Charlotte
| Address: | | Post Date: | 02/09/2012 |
