Viscardi Center Jobs

An employer membership organization and comprehensive resource for disability employment best practices.

Job Information

Bank of America Quantitative Finance Analyst in Atlanta, Georgia

Job Description:

Bank of America has an opportunity for a Quantitative Finance Analyst on the Wholesale Credit Risk Team within the Alternative Modelling Group (AMG) of Global Risk Analytics (GRA).

Modeling and Quantitative Services Group (AMG-QS) function. The GRA team provides quantitative capabilities

supporting global risk management and capital management and develops a consistent set of risk and capital

models and analytical tools that drive the company’s technology infrastructure.

AMG-QS function partners with GRA teams to develop and deliver modeling solutions and analytical tools in

order to address MRA/MRIA requirements; provides quantitative expertise for a broad range of modeling areas

across the Enterprise; builds and maintains the analytics infrastructure which supports GRA’s modeling library;

develops robust back-testing frameworks.

This role will have a particular emphasis on model development aspects. The role will involve the development

and enhancement of capital and loss forecasting models within the bank. This is a challenging and intellectually

stimulating role in a dynamic team that is used to delivering in a timely manner to many different constituents of

the bank.

Responsibilities:

Responsible for independently conducting quantitative analytics and modeling projects. Responsible for developing new models, analytic processes or systems approaches. Creates documentation for all activities and works with Technology staff in design of any system to run models developed. Work as a part of a team to develop or enhance loss forecasting models to improve risk management capability and support stress testing processes. Pro-actively seeks out work and add value to existing models/processes. Produce clear and coherent technical documentation for internal and regulatory purposes. Take ownership to deliver results and meet critical deadlines.

Required Skills:

  • Highly numerical degree (PhD level preferred, Masters required) in Statistics, Financial Mathematics, Mathematics, Physics or Engineering

  • 2+ years of work experience

  • Meaningful work experience focused on maintaining & developing quantitative models and handling large data sets

  • Strong technical writing and clear verbal communication skills are must have.

  • Experience of working under pressure and delivering to tight deadlines

  • Technical skills: Statistics, Probability Theory, Econometrics, Financial Mathematics

  • Strong programming skills; SQL, Python, VBA, LaTex

  • Proven leadership abilities, working across organizational lines

  • Knowledge of Probabilities / Statistics

  • Ability to multitask and properly prioritize multiple projects.

Desired Skills :

  • Prior experience with credit risk analytics.

  • Relevant work experience with wholesale and consumer credit, or other financial products.

  • Prior Credit Risk Management, Modeling and/or Finance experience.

  • Knowledge of regulatory guidelines and stress testing including CCAR, DFAST, and regulatory Capital in Banking industry.

Posting Date : 04/19/2019

Location :

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

  • 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.

DirectEmployers