Bank of America

Senior Quantitative Financial Analyst

Bank of America

full-time

Posted on:

Location Type: Office

Location: Chicago • Illinois, North Carolina • 🇺🇸 United States

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Salary

💰 $125,000 - $210,000 per year

Job Level

Senior

Tech Stack

Tableau

About the role

  • Conducting quantitative analytics and complex modeling projects for specific business units or risk types
  • Leading the development of new models, analytic processes, or system approaches
  • Creating technical documentation for related activities
  • Working with Technology staff in the design of systems to run models developed
  • Performing end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting
  • Analyzing stress scenario results to better understand key drivers
  • Leading the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization
  • Identifying continuous improvements through reviews of approval decisions on relevant model development or model validation tasks

Requirements

  • Graduate degree in quantitative discipline (e.g., Mathematics, Economics, Engineering, Finance, Physics)
  • Expert communication skills, experience with executive presence, presenting to senior leaders
  • 8+ years of experience in model development, statistical methods, forecast methods, data analytics, or quantitative research
  • Experience in Risk, Credit, Collections or Financial Operations with demonstrated track record of generating and communicating insights which improve performance and understanding
  • History of driving change and advancing the status quo via strategic thinking across forecasting, analytics, or automation of operations and controls
  • Attention to detail coupled with ability to simplify the complex
  • Experience in data science and analysis, with strong analytical skills
  • Demonstrated ability to organize and work collaboratively across multiple teams and functions
  • Strong written and oral communication skills, with the ability to cater to both technical and executive audiences when needed
  • Flexibility to work independently with little supervision in a complex team environment
  • Proficiency with Tableau, MS Word/Excel/PowerPoint
Benefits
  • This role is currently benefits eligible.
  • We provide industry-leading benefits.
  • Access to paid time off.
  • Resources and support to our employees.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
quantitative analyticscomplex modelingmodel developmentstatistical methodsforecast methodsdata analyticsdata sciencemarket risk stress testingscenario designresults consolidation
Soft skills
expert communication skillsexecutive presencestrategic thinkingattention to detailcollaborationflexibilityanalytical skillsorganizational skillsability to simplify complex conceptsdriving change
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