14 days old
2018-07-302018-08-29

Quantitative Finance Analyst

Charlotte, NC 28230
**Job Description:**



Bank of America's Global Risk Analytics Wholesale Risk Analytics Data and Operation team is looking for a hands-on Quantitative Finance Analyst (QFA) to be responsible for wholesale risk model data development, integration and/or ongoing maintenance of commercial credit risk models, including, but not limited to, technical data transformation, documentation of methodology and results, model performance ongoing monitoring, in support of Wholesale Loss Forecasting, IFRS 9/CECL and CCAR/DFAST regulatory exams. The QFA will directly interact with model developers on developing the model calibration data and also partner with technology team to ensure that critical functions are implemented and performed as expected. The QFA will present results to and integrate with business partners and provide guidance on analytical views of commercial portfolios. Subject credit models serve as critical input to CCAR/DFAST exams as well as Banks allowance and risk appetite limit setting functions.



A successful candidate will be a team player supporting and improving internal team functions ranging from model data development, methodology development, model process engineering and ongoing monitoring, model impact analysis, and will integrate well with partners in various model development teams, Global Banking Data Management (GBDM), Model Risk Management (MRM), Forecast Administers (FA), Wholesale Credit (WC), Balance Sheet and Capital Management, Technology, Audit and Compliance as well as Federal Reserve Banks (FRB) and Office of the Comptroller of the Currency (OCC).



**Required Skills:**



A successful candidate will have some hands on and related experience and demonstrated the following skills (not in priority order):



+ 2 5 year experience in data science, big data analytics, or model development

+ Knowledge in PD/LGD/EAD modeling for credit related products

+ PhD, MS or BS in engineering, statistics, operations research, economics, finance, physics or mathematics

+ Experience with SAS, SQL, Python and other related software and hardware

+ Compiling technical model documentation

+ Excellent communication that is able to articular technical terms and quantitative methods and convey clear and concise messages



**Desired Skills:**



+ Relevant work experience with CCAR/DFAST exams

+ Fundamental understanding of risk framework

+ Proficient in project management, particularly in the development, implementation, application, and validation/back-testing of models or analytic processes

+ Understanding of how quantitative methods can be applied to finance and banking



A successful candidate demonstrates learning abilities and following behaviors (not in priority order):



+ Is respectful of and curious about what he/she does not know

+ Thinks holistically with business and economic intuition

+ Listens and learns about model uses, data analysis and sources, technology implementation, credit risk and business , regulation and regulatory guidance, macro/market/credit economics, accounting, capital, stress testing, allowance for loan lease losses

+ Executes and is over-prepared and under-whelmed

+ Integrates seamlessly across complex set of stakeholders, internal partners, external resources

+ Becomes aware and is flexible, adaptive, and proactive

+ Is compelling in verbal, non-verbal and writing and communicates with intention



**Posting Date** : 07/27/2018



**Location** :

Atlanta, GA, Atlanta Plaza, 600 Peachtree St NE,

Charlotte, NC, BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST,

- United States



**Travel** : Yes, 5% of the time



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.

Categories

Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Quantitative Finance Analyst

Bank of America
Charlotte, NC 28230

Share this job

Quantitative Finance Analyst

Bank of America
Charlotte, NC
US

Separate email addresses with commas

Enter valid email address for sender.

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast