Assistant Vice President; Quantitative Finance Analyst
Jersey City, New Jersey
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 a diverse and 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.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
RESPONSIBILITIES :
Conduct research and analysis to provide a micro view for risk management of a particular industry and/or sub-industry that can be leveraged by the business line to support macro risk management for the bank.
Apply quantitative knowledge and techniques to produce analysis that address potential (and realized) risk assessment tied to a certain industry and/or product in support of numerus wholesale business lines.
Perform credit risk quantification, financial engineering, quantitative financial modeling, risk management, and/or technical expertise and support.
Develop emerging risk assessments, analyze credit risk scenarios, as well as model some of our key risk factors.
Analyze and evaluate large and complex economic and financial datasets with analytical tools of Python, SQL and R.
Use big data technologies SQL to handle large volumes of data produced by complex financial forecasting models.
Develop data visualization tools using Tableau to analyze and present data in order to support model development of commercial loan loss forecast.
Employ data analytics and visualization tools of Alteryx, Tableau, 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, Quantitative and Computational Finance, 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:
Analyzing and evaluating large and complex economic and financial datasets with analytical tools of Python, SQL and R;
Using big data technologies SQL to handle large volumes of data produced by complex financial forecasting models;
Developing data visualization tools using Tableau to analyze and present data in order to support model development of commercial loan loss forecast; and,
Employing data analytics and visualization tools of Alteryx, Tableau, 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:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
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