Quantitative Finance Analyst Charlotte, NC, United States Job number: 17017839 Back to job search results Apply Now for this job > Job description Job Description:The Enterprise Risk Analytics team is a dynamic group that drives innovative concentration risk and portfolio management strategies/techniques. Activities include:Conducting quantitative analysis and market research that have critical impact to the Bank (e.g. impact of oil price decline, risk mitigation of rising USD)Preparing specialized content for high profile senior Risk, Board, and regulator requestsBuilding connections between model driven analytics and practical risk/business applications (e.g. support LOB efforts for responsible growth)Developing actionable analytics and early warning indicatorsDeveloping optimization engine for balancing risk-reward for various portfoliosIn this role the candidate will:Help team compile content for recurring senior management and board level reports on portfolio trends and special topicsHelp assess and quantify expected impact of business strategies on portfolio risk measures such as expected loss and tail riskDevelop dashboards to visualize the credit portfolio and recommend actionsSupport the team complete and socialize analytical work for BAC's Risk Appetite Statement and commercial concentration limitsHelp team develop and rollout new tools and functionality for portfolio informed analysis with respect to new business opportunities/strategiesHelp prepare and present training material of new concepts and capabilities for less quantitative audiencesIdentify and sponsor technical and data related enhancements as business championContribute to other special projects and initiatives as needs ariseEnterprise Role Overview:Responsible for performing more complex analysis and is engaged in the development of modeling that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposures. Provides analytical support on various product strategies to ensure company goals are met. Coordinates the production of performance reports for Senior mgt. Reviews and analyzes trends in current population distributions and recommends strategies. May participate in or develop more complex program models to extract data and use databases to provide statistical and financial modeling. Analyzes portfolio trends, concerning credit score cutoffs, loss trends, portfolio dynamics, and bureau scoring criteria. Will participate in the rollout of company-wide pilot programs developed as a result of programmed models. Duties primarily include the regular use of discretion and independent judgment. Programming experience such as SAS, SQL or Micro Strategy and Master's Degree or large data experience preferred. 2-5 year experienceRequired Skills:2-3 years of relevant work experienceStrong verbal and written communication skills; ability to develop and present strategic proposals and obtain buy-in onStrong technical and analytical skills and comfort with statistics and portfolio theoryFamiliarity with commercial credit products and capital marketsAbility to efficiently mine, navigate and interpret large financial datasetsStrong work ethic, ability to adapt to changing priorities and be team orientedDesired Skills:Comfort in programming languages (SQL, R, SAS, etc.)Advanced Excel, SQL, Hadoop and Tableau expertise desiredFamiliarity with credit portfolio modeling/monte carlo simulationsExperience/ability to lead projects/initiatives with limited oversight Posting Date: 20/03/2017 Location: US-NC-Charlotte Travel: Yes, 5% of the time Full / Part-time: Full time Hours Per Week: 40 Shift: 1st shift Already have a candidate profile? Log in to access and update your current profile to access and update your current profile.