Illinois Hiring Our Heroes Jobs

Illinois Job Link Logo

Job Information

Bank of America Risk Analysis Specialist II - Counterparty Credit Risk Data in Chicago, Illinois

Risk Analysis Specialist II - Counterparty Credit Risk Data

Charlotte, North Carolina;Jersey City, New Jersey; Chicago, Illinois

Job Description:


Generation and maintenance of quantitative or qualitative controls processes in support of Counterparty risk exposure calculation.

Tracking, escalation and remediation of issues impacting data quality and reporting. Providing explanations for daily risk movements. Identifying potential trouble spots and researching issues to closure.

Participation in the testing and implementation of initiatives impacting close-out netting, collateral and trade and agreement data.

Monitoring and maintenance of control tables used in the calculation of counterparty risk exposure and estimation of collateral haircuts, volatility, central counterparties.

Responding to audit, compliance, quality assurance, regulatory and Basel sustainability requests


5+ years’ industry related & applicable work experience (a combination of Big 4, Academia, Regulatory and Financial Industry experience acceptable).

Undergraduate degree, preferably in finance, quantitative, accounting or other business discipline.


1st shift (United States of America)

Hours Per Week:


Learn more about this role

Full time


Manages People: No

Travel: No


Talent Acquisition Contact:

Referral Bonus:

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE at .

To view the "EEO is the Law" Supplement, CLICK HERE at .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .