Risk Analysis Specialist II

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

The Commercial Regulatory Asset Quality Reporting analyst is responsible for the preparation, analysis, and governance of internal and external commercial asset quality reporting. This role partners closely with Global Regulatory Reporting (GRR), Accounting Policy, Credit Risk, Loan Operations, Data Management, and Internal/External Audit teams to ensure the accuracy, completeness, and timeliness of key credit-related disclosures and regulatory filings. The ideal candidate possesses a strong foundation in credit risk, finance, and regulatory reporting, along with the analytical and communication skills necessary to effectively interpret and explain credit trends to a broad range of stakeholders.

• Prepare monthly and quarterly commercial asset quality reporting for internal management and external disclosures. Support key external reporting requirements, including SEC filings (10-Q, 10-K, Earnings Releases), FR Y-9C, FFIEC 031 Call Reports

• Ensure reporting accuracy, completeness, and adherence to established governance standards

• Research and analysis of key credit data including net credit losses, loan, delinquencies, nonperforming and criticized balances; prepare variance analysis that explain fluctuations

• Support ad hoc analyses and executive reporting related to commercial credit performance and risk trends

• Respond to requests from Internal Audit, External Audit, Independent Testing, SOX reviews, and regulatory examinations. Maintain robust documentation, procedures, controls, and reporting playbook. Ensure compliance with internal governance standards and regulatory expectations.

• Maintain appropriate documented procedures and controls, adhere to internal reporting playbook activities and governance processes

• Identify and implement opportunities to streamline reporting processes and enhance controls through automation

• Bachelor's Degree required (accounting, finance, risk a plus)

• Minimum 3 years of regulatory reporting, financial analysis, or credit risk reporting experience

• Exceptional attention to detail with the ability to manage multiple priorities under tight deadlines

• Experience leveraging tools such as Alteryx, SQL, Power BI, Tableau, MicroStrategy, VBA

• Proficiency in Microsoft Excel

• Strong communication and stakeholder management skills, with the ability to present complex information clearly to both technical and non-technical audiences

• Self-motivated with a demonstrated sense of ownership, intellectual curiosity, and problem-solving ability

• Experience with commercial credit risk reporting and regulatory disclosures

• Familiarity with Credit Risk Platform (CRP)

• Familiarity with eLedger/General Ledger accounting system

• Strong analytical and financial acumen with the ability to translate data into meaningful business insights

• Experience working across multiple projects and business partners in a fast-paced environment