Business Analyst
ob Description:
Job Title: Business Analyst
Corporate Title: Up to Vice President
Location: Bromley
Company Overview:
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!
Location Overview:
Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.
Role Description:
The role will be as a Business Analyst working on the Operations Change and Transformation team within the Non-financial Regulatory Reporting, Tax and Credit Reporting Operations portfolio. The key purpose of the Change & Transformation Business Analyst is to partner with the business & support partners with responsibility for prioritising, sponsoring, and implementing multiple and varied change initiatives driven by business, legal, regulatory, compliance or market requirements. The change portfolio includes a mix of strategic, discretionary, and mandated initiatives. The discretionary items aim to improve the client experience, support revenue growth, reduce operating costs, improve processing efficiency/control, and support the delivery of new products and services. Mandates are driven by legal, regulatory, compliance or market changes. This role’s primary focus is the business analysis focused on Regulatory Reporting, with associated project management tasks possible.
Responsibilities:
- You will oversee the execution of defined project tasks through tracking of deliverables and their statuses, developing project plans, and measuring progress against ongoing KPI’s.
- You will lead projects and/or remediation requirement documentation efforts based on identified gaps and controls.
- You will plan and organise projects using tools and techniques, including Technology platforms used by client facing employees, change management tools, and risk and issue management tools to ensure efficient and effective project completion.
- You will navigate across various Lines of Business and partner organizations, including Technology and Risk, leading them to negotiate decision making for efficient and effective resolution.
- You will support the adoption and sustainment of change initiatives and helps assess adoption risks.
- You will develop, maintain, and report on an overall integrated delivery plan, raising any risks, developing a mitigation plan, and escalating issues appropriately to respective stakeholders.
What we are looking for:
- You will have proven experience as a Business Analyst, ideally with some project management/process design skills.
- You will have effective MS Office Suite (Excel, PowerPoint) skills.
- You will have the ability to work across multiple teams and manage multiple priorities.
- You will be highly organized; able to effectively prioritize and balance multiple efforts.
Skills that will help (optional):
- Global Banking / Markets Operations experience – ideally with knowledge of NFRR or similar regulatory mandates would be advantageous.
- Proficiency in process design / mapping would be advantageous.
- Working knowledge of Agile methods and tools would be advantageous.