Senior Data Analyst - Sanctions Screening Centre of Excellence

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. Were 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!Line of Business Description:About Sanctions Screening Center of Excellence: The Center of Excellence for economic sanctions monitoring is part of Global Payment Operations (GPO). GPO is the central hub for Bank of America in playing a monumental and mission critical role in establishing, servicing, supporting and monitoring two of the most widely used electronic payment processing vehicles Wire and ACH in the financial services arena worldwide. GPO is also accountable for the SSCoE (Sanctions Screening Center of Excellence) that reviews all of Bank of Americas customers and transactions to ensure compliance with Bank of Americas Economic Sanctions Program. SSCoE serves BAMLs eight lines of business, delivering global, regional and local capabilities through secure, fast and reliable technology, and people with the knowledge and experience to deliver timely and accurate review of all sanctions alerts across all products of Bank of America.Job Description:This job is responsible for ensuring operational data is fit for purpose, defining controls, and monitoring processes are in adherence to enterprise data management standards. Key responsibilities include performing data analysis, training new users, and performing impact analysis stemming from data updates. Job expectations include helping in defining access and ownership of data by domain, conducting quality control, and overseeing data maintenance.Responsibilities:Ensures data is accurate, complete, and fit for performing data analyses through various testing procedures and data controls which help to identify business insights fit for purpose for a particular product setDevelops and executes on Enterprise Data Management policies and standards, works across teams to ensure adherence, serves as a key point of contact for all topics related to data compliance, and manages operational elements of the (Enterprise Data Strategy Governance and Operations (EDSGO) relationshipManages data related incidents and identifies, communicates, and resolves or escalates issues as needed. Data inquiries include questions related to data issues, availability of data, and potential sourcing alternatives to informDevelops, manages, and executes on controls, ensuring tracking, monitoring, and resolution of any control breaches with data platformPartners with Business and Technology functions to drive the development of business and functional requirements documents and ensures strategic upstream resolution for data related incidentsPrimary responsibility is to create / update business rules to minimize the false-positive Sanctions alerts to improve efficiency and effectives of the CoEs alert review process.Manage the multiple on-going initiatives by attending calls from various projects, understand the Sanctions needs from the projects, Provide requirements to the projects and track the status of these projects.Analyze alerts on a daily basis to chalk out strategies to reduce the false-positives, using different pattern matching and trending techniquesAssist in on-boarding new applications / Clients into the Sanctions screening platform requiring detailed discussions with various lines of businesses in understanding the nature and type of data received from and assist in data mapping into standard formats acceptable for Sanctions screeningAbility to query & analyze the data required for ad hoc requirements on the fly and generate reports for the team to use.Work with technology teams for requirements / testing and implementing changes to improve / automate CoE processes.Required Qualifications:Bachelor's degree in Computer Science, Data Management, Statistics or related fieldsAwareness of AI / Machine learning concepts and ability to implement such strategiesGood experience in Data Analytics and interpretation of large volumes of DataScripting experience with any language like Python, Java, VBDesired Qualifications:Preferred experience in Sanctions / AML processesAdvanced knowledge in SQL and using tools like TOADHas good data transformation / formatting experience and be able to work with data in different formatsGood logical thinking capabilities with a technical mind-setAdvanced knowledge in using Microsoft Excel and MS AccessGood Knowledge in using Microsoft products Word, Outlook, Power-point and VisioTeam player attitude, enthusiasm and commitmentAbility to prioritize, use own initiative, make quick decisions, be flexible and work independentlyAbility to work remotely, with teams spread globally, under pressure, meet deadlines and navigate changeAbility to work and interact with people from a diverse range of backgrounds and opinionsKnowledge of Economic Sanctions programs requirementsExperience in Global Banking & Markets business process is a plusExperience in Sanctions screening applications like FircosoftSkills:Data ModellingIssue ManagementPolicies, Procedures, and Guidelines ManagementAnalytical ThinkingCollaborationData and Trend AnalysisBusiness AcumenRegulatory ComplianceSolution DesignShift:1st shift (United States of America)

Hours Per Week:40