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Corporate Investments Quantitative Macro Economic Analyst

Charlotte, North Carolina

Job Description:

Bank of America's Chief Investment Office is seeking a Macro Economic Analyst to add to the team. CIO Macro-Economic Analysts share timely, relevant economic and financial data and analysis with CIO Portfolio Managers (“PMs”) and Treasury to better identify risks and inform risk scenarios, trading decisions and portfolio construction, as we seek to balance earnings, capital and liquidity for the enterprise. 

Responsibilities of CIO Macro-Economic Analysts include:

  • Distill complex economic data for non-technical audiences, requiring excellent communicative ability

  • Communicate economic trends to non-economists in a way that is useful and significant to the understanding of bank balance sheet and income trends

  • High-frequency review and analysis of domestic and international economic events

  • Assessment of likelihood of specific geopolitical and market rate outcomes; identification of potentially impactful events for the enterprise

  • Real-time synthesis of newly-released economic data

  • Treasury point-of-contact for economic impacts of central bank, fiscal and regulatory policies

  • Work across the enterprise to develop and implement consistent macro-economic framework, including models, variables, and input assumptions

  • Prepare presentations for executive committees; inform senior management of relevant landscape changes

  • Disseminate macroeconomic data in user-friendly, low-touch method designed to engage all of Treasury

  • Develop statistical and econometric models for economic forecasting

  • Research various overlapping issues, including politics, healthcare, education, and energy

  • Write blog pieces for publication

  • Develop visualizations of economic data that are displayed internally on research web site and in automated chart books

  • Engender operational excellence as a key consideration of both tactical and strategic workstreams

Required Skills:

  • Bachelor’s degree in Economics, Econometrics, Statistics, Finance - or related work experience

  • 1-3 years experience in a quantitative role at a major financial, public or international institution

  • Experience conducting original, independent economic or statistical analysis using techniques such as multivariate regression, time series regression, or similar

  • Knowledge of economic theory

  • Programming skills in Python, R, or equivalent

  • Excellent verbal and written communication skills

  • Ability to work under tight time constraints to respond to requests from senior management

  • Self-starter; Initiates work independently, before being asked

  • Strong team player able to seamlessly transition between contributing individually and collaborating on team projects

  • Strong attention to detail

Desired Skills:

  • Master’s in Economics, Econometrics, Statistics, Finance, or similar

  • Experience in time series analysis and macro modelling

  • Proactive and passionate about working on complex problem solving

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Bank of America's Chief Investment Office is seeking a Macro Economic Analyst to add to the team. CIO Macro-Economic Analysts share timely, relevant economic and financial data and analysis with CIO Portfolio Managers (“PMs”) and Treasury to better identify risks and inform risk scenarios, trading decisions and portfolio construction, as we seek to balance earnings, capital and liquidity for the enterprise. 

Responsibilities of CIO Macro-Economic Analysts include:

  • Distill complex economic data for non-technical audiences, requiring excellent communicative ability

  • Communicate economic trends to non-economists in a way that is useful and significant to the understanding of bank balance sheet and income trends

  • High-frequency review and analysis of domestic and international economic events

  • Assessment of likelihood of specific geopolitical and market rate outcomes; identification of potentially impactful events for the enterprise

  • Real-time synthesis of newly-released economic data

  • Treasury point-of-contact for economic impacts of central bank, fiscal and regulatory policies

  • Work across the enterprise to develop and implement consistent macro-economic framework, including models, variables, and input assumptions

  • Prepare presentations for executive committees; inform senior management of relevant landscape changes

  • Disseminate macroeconomic data in user-friendly, low-touch method designed to engage all of Treasury

  • Develop statistical and econometric models for economic forecasting

  • Research various overlapping issues, including politics, healthcare, education, and energy

  • Write blog pieces for publication

  • Develop visualizations of economic data that are displayed internally on research web site and in automated chart books

  • Engender operational excellence as a key consideration of both tactical and strategic workstreams

Required Skills:

  • Bachelor’s degree in Economics, Econometrics, Statistics, Finance - or related work experience

  • 1-3 years experience in a quantitative role at a major financial, public or international institution

  • Experience conducting original, independent economic or statistical analysis using techniques such as multivariate regression, time series regression, or similar

  • Knowledge of economic theory

  • Programming skills in Python, R, or equivalent

  • Excellent verbal and written communication skills

  • Ability to work under tight time constraints to respond to requests from senior management

  • Self-starter; Initiates work independently, before being asked

  • Strong team player able to seamlessly transition between contributing individually and collaborating on team projects

  • Strong attention to detail

Desired Skills:

  • Master’s in Economics, Econometrics, Statistics, Finance, or similar

  • Experience in time series analysis and macro modelling

  • Proactive and passionate about working on complex problem solving

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21034431

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Joanna Blake

Referral Bonus:

0

Street Address

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