AVP; Bank Funding Trader

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.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Responsibilities

• Interact extensively with internal and external contacts to identify, research, analyze, and resolve complex problems and to develop, sell, or service significant revenue-generating products.

• Develop financial modeling tools for derivative products applying the theory and mathematics behind various models.

• Build out analytical and technical tools for validations of new models/methodology.

• Provide in-depth impact analysis and scenario analysis of quantitative measurements.

• Develop reporting of various risk metrics complied with business and regulatory requirements.

• Analyze and manage large, complex financial dataset with programming tools such as Python, SAS, SQL, and R.

• Develop and analyze statistical, optimization, and machine learning techniques such as regression, convex optimization, and classification tree to assess model diagnostic and model performance.

• Generate statistical analysis to support stress testing, credit risk management, and regulatory examinations.

• Utilize financial pricing model/library to assess derivatives, assets, and liability valuation.

Required Skills & Experience

• Master's degree or equivalent in Mathematical Finance, Management Science, Business Administration, Finance, Economics, or related; and

• 3 years of experience in the job offered or a related finance occupation.

• Must include 3 years of experience in each of the following:

• Analyzing and managing large, complex financial dataset with programming tools such as Python, SAS, SQL, and R;

• Developing and analyzing statistical, optimization, and machine learning techniques such as regression, convex optimization, and classification tree to assess model diagnostic and model performance;

• Generating statistical analysis to support stress testing, credit risk management, and regulatory examinations; and,

• Utilizing financial pricing model/library to assess derivatives, assets, and liability valuation.

If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.

Employer: Bank of America N.A.

Shift:

Hours Per Week: