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Quantitative Finance Analyst

Chicago, Illinois

Job Description:

Bank of America's Wholesale Risk Analytics team is looking for a Quantitative Finance Analyst (QFA) to be responsible for supporting the development of probability of default, loss given default, and exposure at default models for regulatory and economic capital calculations.

Required Skills:
• Strong written and verbal communication to deliver results and produce technical documentation
• Experience building quantitative models
• Masters or equivalent training in a core applicable science field: Math / Statistics / Economics / Physics / Computational Engineering / Actuarial Science
• Understanding of how quantitative methods can be applied to finance and banking
• Fundamental understanding of micro and macroeconomic concepts
• Experience working with large databases
• Experience writing technical documentation
• Experience with SQL, Python, R software

Desired Skills:
• Knowledge of Basel capital rules
• Project management experience, particularly in the development of models or analytic processes
• CPA or CFA a plus
• PhD preferred

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-19077443

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Referral Bonus:

Check out the Chicago office

We have multiple sites in The Loop with easy ‘L’ train access to all our favorite places, from Adler Planetarium and the Magnificent Mile to Revival Food Hall and Navy Pier.

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Street Address

Primary Location:
135 S LA SALLE ST, IL, Chicago, 60603