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Global Risk 2025 Analyst

Bank of America
United States of America, United Statesfull_timeVerifiedPosted 1 Aug 2024

About the role

Please note the maximum number of applications that you can submit per recruitment season is 8.
You are only allowed to submit:
- 3 applications in total to U.S. and Canada programs
- 2 applications in total to APAC programs
- 2 applications in total to LATAM programs
- EMEA applicants are limited to 1 application per recruitment season
Once your application has been submitted, you will be unable to apply to any additional EMEA programs. Program ID  

11658

Region   U.S. and Canada Location   United States of America States   New Jersey, New York, North Carolina City   Charlotte, NC, Jersey City, NJ, New York, NY Program   Global Risk Program Program type   Full time Entry level   Analyst Program description  

Global Risk Development Program (GRMAP) - 2025

What would you like the power to do?

At Bank of America, we value being a Great Place to Work®. We recognize that talented, engaged and satisfied employees are the foundation to help make the financial lives of our customers and clients better.

 

Bank of America provides a diverse range of banking and nonbanking financial services and products domestically and internationally in more than 35 countries.

Global Risk Development Program Overview:

The Global Risk Development Program will introduce you to Bank of America and the Global Risk Management (GRM) group. GRM is an enterprise control function that provides independent risk management for Bank of America. GRM’s function is to ensure the company pursues its responsible growth strategy through strong risk management practices while deploying its capital appropriately to support business activities and maximize shareholder value. GRM oversees the company’s governance and strategy for global risk management, including relationships with key regulators and supervisory institutions worldwide.

Our culture of accountability and compliance requires that all employees comply with relevant laws, regulations, ethical standards, and internal policies and procedures. As a Global Risk Analyst, you will be offered a curriculum that focuses on the management of our seven types of risk – strategic, market, credit, compliance, liquidity, operational, and reputational- to build a strong platform to launch your career.

Your development is our top priority with on-the-job support, events and mentorship throughout. These opportunities include but are not limited to:

  • Bank-provided learnings focused on topics such as our approach for managing our seven types of risk, understanding the Regulatory landscape, leveraging data to produce key insights, and more
  • Peer Mentorship Program
  • Enterprise Executive Speaker Series
  • Employee Diversity & Inclusion Networks – LEAD for Women, Black Professional Group, LGBT+ Pride, and more
  • Continuous Educational Speakers and Events
  • Networking Events
  • Community Service Opportunities

A Day in the Life

The Global Risk Development Program is a two-year development program in which participants rotate through two, one-year rotations across the Risk organization, as well as have opportunities to participate in ad hoc enterprise-critical projects that may arise. In this capacity, analysts partner with our business groups to help teams make critical business decisions to identify, manage, and mitigate risk. 

Primary analyst responsibilities may include but are not limited to:

  • Implementing and maintaining appropriate risk management principles and policies, internal controls and processes designed to identify and mitigate risks
  • Establishing and regularly updating a comprehensive risk management framework to identify, measure, monitor and control all aspects of risk
  • Analyzing and reviewing market movements for front line partners
  • Ensuring that appropriate and effective risk management processes are in place throughout the company
  • Presenting regulatory and reputational advice and findings to senior leaders
  • Networking with risk executives and key stakeholders to cultivate meaningful relationships across various lines of business
  • Promoting a culture across the company where risk management is viewed as vital to achieving responsible growth

Global Risk Opportunities

The Global Risk Development Program assigns analysts to teams across all seven types

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Company

Bank of America

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