11 hours
2018-01-212018-02-20

Quantitative Finance Analyst- Consumer Risk Analytics

Bank of America
Thousand Oaks, CA
  • Job Code
    bankofamerica-17053514ThousandOaksCA
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Company Bank of America

Job Title Quantitative Finance Analyst- Consumer Risk Analytics

Jobid bankofamerica-17053514ThousandOaksCA

Location: Thousand Oaks, CA, 91358, USA

Description **Job Description:**



Bank of America is looking for a risk quantitative professional to join the Consumer Risk Analytics (CRA) team. CRA is responsible for developing complex models and performing analysis aimed at improving portfolio risk, profitability, performance forecasting and operational performance for consumer products.



Responsibilities to include, but not limited, to the following:



+ Design, estimation, and execution of behavioral models

+ Independently conducting quantitative analytics and complex modeling projects.

+ Leads efforts in development of new models, analytic processes or system approaches.

+ Creates documentation for all activities and may work with technology staff in design of any system to run models developed.

+ Incumbents possess strong quantitative/analytic skills and are able to influence strategic direction, as well as develop tactical plans.

+ Application of analytical tools to assess risks to enterprise under stress, to design optimal strategies around pricing and originations, and to create integrated frameworks to assess interest revenues, non-interest revenues and credit losses in a consistent fashion.

+ Sufficient background to identify risks proactively and frame the range of potential outcomes for risks that are hard to model.

+ Integrate seamlessly in a global organization of analytical associates dedicated to best in class modeling and analysis in support of world class risk management capabilities and culture.



**Required Skills:**



+ Master’s degree in a quantitative field with 2+ years of quantitative modeling experience or PhD in a quantitative field

+ Model development experience in a financial institution

+ Knowledge of banking products and services

+ Experiences with a statistical analysis package such as SAS or R

+ Experiences with SQL and Excel for data analysis and presentation

+ Ability to interact with model implementation team

+ Strong communication / interpersonal skills; demonstrate initiative and be able to make quick decisions

+ Willingness to work under pressure to meet deadlines

+ Ability to multitask and properly prioritize multiple projects



**Desired Skills:**



+ Experiences with Hadoop, Hive for analysis on large unstructured datasets is a plus

+ Data Management Skills

+ Proficiency in computer programming languages

+ Process Development Experience



**This position is located in Charlotte, NC or Thousand Oaks, CA**



**Posting Date** : 11/17/2017



**Location** :

Thousand Oaks, CA, 225 W HILLCREST DR (CA6918),

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.



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Quantitative Finance Analyst- Consumer Risk Analytics

Bank of America
Thousand Oaks, CA

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Quantitative Finance Analyst- Consumer Risk Analytics

Bank of America
Thousand Oaks, CA

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