Vice President; Quantitative Finance Analyst
Vice President; Quantitative Finance Analyst
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$ 160000 - 170000
1 Vacancy
Job Description
Job Description:
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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace attracting and developing exceptional talent supporting our teammates physical emotional and financial wellness recognizing and rewarding performance and how we make an impact in the communities we serve.
At Bank of America you can build a successful career with opportunities to learn grow and make an impact. Join us!
RESPONSIBILITIES:
Develop document and maintain risk and/or capital models and handling large datasets.
Handle technical writing and verbal communication with ability to work under pressure and deliver work with tight deadlines.
Work independently multitasking and prioritizing work developing and working on new ways of modelling.
Utilize experience in the areas of credit risk modeling operational risk modelling loss forecasting etc.
Engage stakeholders and working with colleagues in other functions (business risk and model validation).
Apply statistical regressions timeseries analysis optimization stochastic calculus and macroeconomic theory in quantitative forecasting models complex analysis and analytics automation.
Utilize Python R SQL VBA Tableau and Bloomberg to query datasets create develop and maintain quantitative forecasting models and analytical tools implement complex analyses and write unit regression and integration tests.
Utilize Jira Bitbucket/Git CI/CD tools Jenkins Ansible Tower SonarQube and Agile software development methodologies to handle project deliverables and deliver high quality code for quantitative modelling and analytics.
Apply knowledge of debt securities to assist on the production analysis and continued enhancement of quantitative modeling complex financial analytics stress assumption development and implementation.
Leverage LaTeX to generate technical model reports that describe the model methodology input data output results to satisfy stakeholders internal model risk management teams and government regulators.
Use knowledge in regulatory guidelines of CCAR DFAST CECL ICAAP and DoddFrank Act to understand the regulatory landscape and build quantitative models and analytical tools that are compliant with regulations and address them as completely as required.
Remote work may be permitted within a commutable distance from the worksite.
REQUIRED SKILLS & EXPERIENCE:
Masters degree or equivalent in Statistics Mathematics Finance Financial Engineering or related; and
2 years of experience in the job offered or a related quantitative occupation.
Must include 2 years of experience in each of the following:
Applying statistical regressions timeseries analysis optimization stochastic calculus and macroeconomic theory in quantitative forecasting models complex analysis and analytics automation;
Utilizing Python R SQL VBA Tableau and Bloomberg to query datasets create develop and maintain quantitative forecasting models and analytical tools implement complex analyses and write unit regression and integration tests;
Utilizing Jira Bitbucket/Git CI/CD tools Jenkins Ansible Tower SonarQube and Agile software development methodologies to handle project deliverables and deliver high quality code for quantitative modelling and analytics;
Applying knowledge of debt securities to assist on the production analysis and continued enhancement of quantitative modeling complex financial analytics stress assumption development and implementation;
Leveraging LaTeX to generate technical model reports that describe the model methodology input data output results to satisfy stakeholders internal model risk management teams and government regulators; and
Using knowledge in regulatory guidelines of CCAR DFAST CECL ICAAP and DoddFrank Act to understand the regulatory landscape and build quantitative models and analytical tools that are compliant with regulations and address them as completely as required.
If interested apply online at or email your resume to and reference the job title of the role and requisition number.
EMPLOYER: Bank of America N.A.
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US NJ Jersey City 525 Washington Blvd (NJ2525)Pay and benefits informationPay range$160000.00 $170000.00 annualized salary offers to be determined based on experience education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industryleading benefits access to paid time off resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.Required Experience:
Chief
Employment Type
Full-Time
