Senior Manager, Finance Operations
PwC
Senior Quantitative Finance Analyst
Bank of America
full-time
Posted on:
Location Type: Office
Location: Chicago • Illinois, North Carolina, Texas • 🇺🇸 United States
Visit company websiteSalary
💰 $125,000 - $210,000 per year
Job Level
Senior
About the role
- Conduct end-to-end market risk stress testing: scenario design, scenario implementation, results consolidation, internal and external reporting, and analysis of stress scenario results
- Lead planning related to setting quantitative work priorities aligned with the bank’s strategy
- Identify continuous improvements across model development and validation tasks
- Maintain and provide oversight of model development and model risk management to support business requirements and enterprise risk appetite
- Lead and provide methodological, analytical, and technical guidance to influence strategic and tactical approaches for development/validation projects
- Work closely with model stakeholders and senior management to communicate submission and validation outcomes
- Perform statistical analysis on large datasets and interpret results using qualitative and quantitative approaches
- Support development and oversight of model management processes and standards (development, performance monitoring, implementation, usage)
- Assess impact of Enterprise and Regulatory requirement changes and lead implementation of process changes
- Support development of workflow infrastructure and technology for model-related processes
- Project manage change initiatives: define actions, timelines, and track to completion
- Enhance ongoing monitoring and related risk management capabilities
- Support model-related regulatory engagements and compile regulatory materials
- Participate in Quality Control routines across the model lifecycle and identify process improvements
- Provide ad-hoc support to horizontal MTSO team initiatives
Requirements
- Master’s degree in related field or equivalent work experience
- Degree in a relevant quantitative discipline
- Minimum 4 years’ experience in the financial services industry
- Strong knowledge / experience in model risk management practices / related regulatory requirements
- Good analytical and quantitative capabilities
- Highly organized and able to execute multiple priorities
- Strong oral and written communication skills
- Ability to develop strong working relationships with teammates as well as senior management
- Experience performing statistical analysis on large datasets
- Skills: Critical Thinking, Quantitative Development, Risk Analytics, Risk Modeling, Technical Documentation, Test Engineering, Data Modeling, Data and Trend Analysis
Benefits
- Pay range $125,000.00 - $210,000.00 annualized salary
- Discretionary incentive eligible (annual discretionary plan)
- Industry-leading benefits
- Benefits eligible with access to paid time off
- Resources and support to employees and their families to support physical, emotional, and financial wellness
- Competitive benefits to support physical, emotional, and financial well-being
- Flexible work arrangements (multi-faceted approach for flexibility)
- Opportunities to learn, grow, and make an impact (professional development)
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
statistical analysismodel risk managementquantitative developmentrisk analyticsrisk modelingdata modelingdata analysistest engineeringtechnical documentationscenario design
Soft skills
analytical capabilitiesorganizational skillscommunication skillscritical thinkingrelationship buildingproject managementability to execute multiple prioritiesmethodological guidancetactical approach influenceprocess improvement
Certifications
Master’s degreequantitative discipline degree
