Assistant Vice President; Quantitative Finance Analyst

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Responsibilities:

• Develop a consistent and coherent set of models and analytical tools for effective risk and capital measurement, management, and reporting across Bank of America.

• Conduct model implementation, data management, model execution and analysis, forecast administration, and model performance monitoring.

• Monitor, report and improve existing models performance.

• Cooperate with the team on scenario generation processes by following rigorous operational procedures, checking and quality control of the generated results.

• Working with model developers on production implementation of new economic models, recalibration of existing models and introduce new functionality and controls to make the process more controlled and seamless.

• Participate in model development activities, conduct technical documentation review, and challenge for economic scenario models, and assist in model code development.

• Perform quantitative modeling by utilizing advanced quantitative techniques and tools of statistical analysis, predictive modeling, linear regressions, and Machine Learning.

• Utilize Python, PySpark, and SQL to conduct data analysis, estimate model coefficients, and aggregate the model results to generate comprehensive model outputs.

• Utilize Latex to produce technical reports of publication quality with academic rigor and comprehensive risk coverage to support internal reviews and assess with stakeholders.

• Develop data visualization tools using Tableau to analyze and present data in order to support model development and Review & Challenge.

• Leverage data analytics and visualization tools Alteryx, R, and Jupyter Notebook to build easy access analytical capabilities and insightful reporting for the management.

• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience:

• Master's degree or equivalent in Finance, Statistics, Mathematics, Financial Engineering or related: and

• 2 years of experience in the job offered or a related Quantitative occupation.

• Must include 2 years of experience in each of the following:

• Performing quantitative modeling by utilizing advanced quantitative techniques and tools of statistical analysis, predictive modeling, linear regressions, and Machine Learning;

• Utilizing Python, PySpark, and SQL to conduct data analysis, estimate model coefficients, and aggregate the model results to generate comprehensive model outputs;

• Utilizing Latex to produce technical reports of publication quality with academic rigor and comprehensive risk coverage to support internal reviews and assess with stakeholders;

• Developing data visualization tools using Tableau to analyze and present data in order to support model development and Review & Challenge; and,

• Leveraging data analytics and visualization tools Alteryx, R, and Jupyter Notebook to build easy access analytical capabilities and insightful reporting for the management.

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: