Product Strategy/Business Analyst
Company: Disability Solutions
Location: Charlotte
Posted on: October 24, 2024
Job Description:
Job Description:At Bank of America, we are guided by a common
purpose to help make financial lives better through the power of
every connection. Responsible Growth is how we run our company and
how we deliver for our clients, teammates, communities and
shareholders every day.One of the keys to driving Responsible
Growth is being a great place to work for our teammates around the
world. We're devoted to being a diverse and inclusive workplace for
everyone. We hire individuals with a broad range of backgrounds and
experiences and invest heavily in our teammates and their families
by offering competitive benefits to support their physical,
emotional, and financial well-being.Bank of America believes both
in the importance of working together and offering flexibility to
our employees. We use a multi-faceted approach for flexibility,
depending on the various roles in our organization.Working at Bank
of America will give you a great career with opportunities to
learn, grow and make an impact, along with the power to make a
difference. Join us!Global Risk Analytics (GRA) and Enterprise
Independent Testing (EIT) are sub-lines of business within Global
Risk Management (GRM). Collectively, they are responsible for
developing a consistent and coherent set of models, analytical
tools, and tests for effective risk and capital measurement,
management and reporting across Bank of America. GRA and EIT
partner with the Lines of Business and Enterprise functions to
ensure the capabilities it builds address both internal and
regulatory requirements, and are responsive to the changing nature
of portfolios, economic conditions, and emerging risks. In
executing its activities, GRA and EIT drive innovation, process
improvement and automation. The Infrastructure & Application
Management (IAM) team within EIT is responsible for managing the
organization's platform infrastructure. The team defines and
executes the technology roadmap in alignment with the target state
vision, addresses critical technology pain points, establishes
remediation plans, and oversees the end-to-end infrastructure
testing framework.Role Overview:
- The Technology Initiative Lead role within the EIT Data
Infrastructure & Strategic Initiative team is vital for advancing
the Bank's commitment to process and technology excellence. This
role offers a unique opportunity to shape the management of the
Bank's Technology stack, including overseeing access management
across different applications, and leveraging modern Technology
solutions to address business challenges.
- In this role, you will be responsible for understanding and
adapting to the evolution of business processes, standards, and
procedures within EIT, and translating these changes into necessary
Technology adjustments and solutions. The focus will be on
modernizing the EIT technology stack, enhancing the return on
investment for technology changes, managing portfolio level backlog
work, and assisting with infrastructure projects. You will act as a
liaison between the technology team and other departments to ensure
effective communication and alignment.
- Key responsibilities include preparing cost/benefit analysis
for technology updates versus new technology adoption, identifying
opportunities to develop reusable technology components and design
patterns to drive efficiency, and managing access control and user
permissions across various platforms to ensure secure and compliant
operations. Responsible for managing and prioritizing the portfolio
level backlog, ensuring alignment with strategic goals and
optimizing resource allocation. Collaboration with the Application
Manager, Product Manager, and Business Analyst is essential to
ensure that test plans validate end-user requirements. The role
also involves effective partnering with Technology and Change
Management teams, and various teams within GRA/EIT, providing
operational, data sourcing, and technology infrastructure support.
Monitor and communicate the downtime of all technology platforms
for upcoming releases. Monitor the existing Infrastructure Health
dashboard and report anomalies.Required Education & Experience
- Prior experience as a Product Strategy Lead and/or Business
Analyst with a proven ability to solve complex business
problems.
- Solid technical background with a strong understanding of the
Software Development Life Cycle (SDLC).
- Bachelor's degrees or above in fields including, but not
limited to, Computer Science, Engineering, Mathematics, Statistics,
Operations Research, or Business Administration.
- 3+ years of relevant work experience (or holds a PhD).Required
Skills
- Strong Technical expertise in software development and process
automation.
- Ability to develop and troubleshoot SharePoint lists and
workflows.
- Proficient in SharePoint designer workflows, InfoPath, and
SharePoint permission structures.
- Proven experience in managing and prioritizing portfolio level
backlog work to align with strategic goals.
- Excellent planning and risk management skills, with a focus on
meeting project goals within budget and timelines.
- Strong relationship-building skills and the ability to
influence key stakeholders.
- Strategic thinking with the ability to understand and address
complex business challenges.
- High level of ownership and accountability for delivering
quality work.
- Proven experience in managing access controls and user
permission across multiple applications and platforms.
- Ability to balance multiple priorities and meet strict
deadlines.
- Excellent written and verbal communication skills; with the
ability to articulate complex messages in easy-to-understand
language.
- Detailed oriented and well organized.
- Willingness to challenge the status quo, with a track record of
driving change.Desired Skills and Experience
- Experience with process automation and handling various data
types, including structured data in relational databases and
Hadoop, as well as unstructured/semi-structured data.
- Expertise as a technology architect addressing complex business
problems involving different applications.
- Experience managing large data sets utilizing tools such as
Hadoop or Trino.
- Experience building container-based platforms.
- Experience in building scalable platforms which efficiently use
hardware across multiple different platforms.
- Knowledge of emerging technology trends and solutions.
- Ability to work effectively within a cross-functional team
environment.
- Hands-on Experience in managing access controls and user
permission across multiple applications and platforms.Job
Description:This job is responsible for supporting data and
technology requests, complex reporting and analysis, and modeling
to manage risk and minimize credit and operating losses. Key
responsibilities include reviewing and analyzing portfolio trends,
supporting the development of more complex databases or queries to
extract data, and supporting the production of data for internal
and external reporting needs. Job expectations include working with
Technology to implement changes necessary to support ongoing data
needs.Responsibilities:
- Supports the development and execution of reporting to allow
Risk and business partners to effectively identify and manage
risk
- Analyzes trends and supports the data design, portfolio trends,
loss trends, and portfolio dynamics to ensure alignment with
business strategies
- Provides analytical support on various product strategic
initiatives affecting multiple Risk functions and lines of business
to ensure company goals are met
- Participates in the development of database production
processes and performance reports for senior management, using data
mining and other advanced analytical techniques to aggregate
data
- Supports with responding to complex ad-hoc requests for
information from both internal and external parties
- Provides support on cross-functional efforts to remediate data
quality issues
- Monitors the outputs of controls and investigates alerts from
the control checksSkills:
- Attention to Detail
- Business Intelligence
- Data and Trend Analysis
- Risk Analytics
- Risk Management
- Adaptability
- Collaboration
- Continuous Improvement
- Data Visualization
- Project Management
- Business Acumen
- Issue Management
- Regulatory Relations
- Stakeholder Management
- Technical DocumentationShift:1st shift (United States of
America)Hours Per Week: 40
Keywords: Disability Solutions, Rock Hill , Product Strategy/Business Analyst, Professions , Charlotte, South Carolina
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