1 day old
2018-05-222018-06-21

Senior Quantitative Finance Analyst

Bank of America
Charlotte, NC
  • Job Code
    bankofamerica-18019491CharlotteNC
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Company Bank of America

Job Title Senior Quantitative Finance Analyst

Jobid bankofamerica-18019491CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**



Responsible for validating mathematical models used in credit risk forecasting and stress testing. Review mathematical models related to underlying assumptions, theoretical foundations, statistical and mathematical methods, empirical evidence, data quality and software implementation. Assess quality of model outputs through back testing again strealized outcomes and benchmarking against other models or systems. Develop independent tests to verify model results and document validation results. Interact with financial services regulators (OCC, Federal Reserve, FDIC). Influence, negotiate, and collaborate at multiple levels across the enterprise.



Required skills:



+ PhD in finance, economics, mathematics, physics or engineering 5-7 years of relevant work experience OR MS Degree with 8-10 years of relevant work experience

+ Expertise in modeling credit risk for financial institutions.

+ In-depth understanding of statistical inference and related techniques.

+ Deep knowledge in a statistical or analytical modeling language such as SAS, Matlab or R.

+ Experience working with large and complex data sets using Excel or SQL.

+ Strong written and verbal communication skills.

+ Deep understanding and knowledge of model performance measures.



Desired skills:



+ Project management skills and demonstrated ability to work independently on complex model validation projects.

+ Extensive knowledge of banking regulations on credit risk, model risk and credit risk modeling methodologies

+ Prior experience with Commercial & Industry Loans and Commercial Real Estate



**Posting Date** : 04/06/2018



**Location** :

Charlotte, NC, ONE BANK OF AMERICA CENTER, 150 N COLLEGE 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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Senior Quantitative Finance Analyst

Bank of America
Charlotte, NC

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Bank of America
Charlotte, NC

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