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Global Markets Quantitative Finance Analyst

Charlotte, North Carolina

Job Description:

The role will be a Quantitative Finance Analyst for the Global Markets Balance Sheet and Net Interest Income Forecasting process as well as participate in various tasks for the Global Markets Stress Testing team such as Quality Assurance testing and business reviews.  The role offers high visibility and works with the Front Office, Business Finance Organization, Liquidity, Capital, Treasury, and Risk leaders to determine the best models, approaches, and variables to forecast what the revenue change would be given various economic scenarios.

The analyst will work on developing new models as well as enhancing existing balance sheet models used in baseline and stress forecasting. This involves collaboration with Senior Finance Analysts, Business Finance Officers, and the Front Line Units. The individual will be responsible for presenting modeling results and adjusting model parameters based upon stakeholder feedback and document final modeled approaches according to Qualitative Methodology Review and Model Risk Management standards.

The Analyst will focus on specific sub lines of businesses within Fixed Income, Currencies, and Commodities (FICC) and Equities. They will be expected to become a subject matter expert on the balance sheet for their businesses, work with BFO’s on updates to portfolio yields, and understand recent portfolio trends and potential market impacts. The individual is the central coordinator for the many moving parts of the Comprehensive Capital Analysis and Review (CCAR) forecasting, and the role’s remit includes:

  • Coordinate data collection and completeness
  • Ensuring data accuracy
  • Analyze and attest to results and reasonableness
  •  Decide what macro variables and spreads should be run on portfolios
  •  Providing reporting to senior management on how to interpret the results
  •  Working with model developers to build models where spreadsheets may currently be used
  •  Provide reporting and answer questions for Enterprise Stress Testing and regulators
  •  Ensure that existing documentation remains up to date and new documentation is created per requirements
  • Plan, coordinate and implement medium-term and longer-term enhancements to forecast process and methodologies, including centralization of data sourcing and projections as well as introduction of new pricing models
  • Verify all requirements regarding quarterly cycles are followed per Enterprise Stress Testing (EST) guidelines
  • CCAR is the Federal Reserve’s annual assessment of the capital adequacy for the largest and most complex U.S. Banks, and OCC’s equivalent DFAST requirement.

This is a unique opportunity to join a GBAM wide function, gain exposure to Global Markets businesses (Global Credit, Emerging Markets, Commodities, Equities, etc.) and financial drivers across the segment’s products and businesses, and work with leaders across the organization.

Role does require the ability and desire to be able to work extra hours at peak quarterly times, as the entire team does.

Enterprise Role Overview:

SFA in the Finance Business Support role with a specialty in Capital Markets

Required Skills:

  • Experience in forecasting, especially scenario forecasting, and performance testing/enhancing models;
  • Using strong analytical, critical thinking, communication, and problem solving skills to lead or facilitate discussions across various levels of stakeholders/support partners to provide impactful analysis on forecast results;
  • Ability to manage multiple projects at the same team and communicate across an array of stakeholders
  • Programming experience (Preferably in R, Python, or SQL) and understanding of database functionality
  • Experience in Automation
  • Experience in Model Development
  • Understanding/ability to work with complex Excel Spreadsheets
  • Experience in Finance
  • Strong verbal communication, relationship building and people skills
  • PowerPoint skills

Desired Skills:

  • Management Reporting
  • Exposure to financial products, concepts and businesses
  • Ability to multi-task and make changes under tight deadlines

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-20003598

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Referral Bonus:

Street Address

Primary Location:
214 N TRYON ST, NC, Charlotte, 28255