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

Senior Quantitative Finance Analyst

Bank of America
Charlotte, NC
  • Job Code
    bankofamerica-18016689CharlotteNC
Advertisement
Company Bank of America

Job Title Senior Quantitative Finance Analyst

Jobid bankofamerica-18016689CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**



Bank of America's Global Risk Analytics Economic Scenario Generation Team (GRA-SGT) is seeking a Sr. Quantitative Financial Analyst. Bank of America conducts economic scenario management and forecasting on a periodic basis to better understand balance sheet, earnings and capital sensitivities to certain economic and business developments, including conditions that are more severe than anticipated. This is integral to the Bank's capital, financial and strategic planning processes. A key driver of the economic scenario management process is the GRA-SGT macroeconomic model system. This system is robust and repeatable and supports the company-wide analytical process by providing an appropriately wide range of macroeconomic variable projections, grounded in historical data relationships and economics theories. A team of quantitative experts and internal economists are responsible for developing the scenarios, which are then subject to review and assessment by senior management within the Company.



As part of the GRA-SGT, the candidate will be responsible for econometric model development, implementation, backtesting, reporting and documentation. The current model coverage includes U.S. national macro-economic models, U.S. regional macro-economic models, International models, FX models, interest rates and other financial market variable models. Our work is fast-paced and intellectually challenging, and we interact daily with economists, and senior bank management to improve our models and adapt to changing business needs.



**Required Skills:**



+ 10+ years of quantitative modeling experience

+ 5-8 years of working experience with financial market data modeling, including variable selection, modeling, backtesting, documentation.

+ MS or PhD Degree in Economics, Econometrics, Statistics, Engineering, Mathematics, Operation Research, Finance, or related subject

+ Advanced proficiency in programming languages such as R, Python, SAS, Matlab etc.

+ Experience working in Fixed Income portfolios

+ Willingness to work under pressure to meet deadlines

+ Effective verbal and written communication skills



**Desired Skills:**



+ Relevant work experience in econometric modeling, especially in interest rate, curve construction, financial market, international macro-economic or FX modeling.

+ Previous CCAR, stress testing or CECL/IFRS9 working experience

+ Willingness to conduct independent research to come up with quantitative solutions

+ Experience to work with model validation teams and familiar with model governance and documentation procedures

+ Ability to multitask and properly prioritize multiple projects



**Posting Date** : 03/26/2018



**Location** :

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

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.



Categories

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Senior Quantitative Finance Analyst

Bank of America
Charlotte, NC

Share this job

Senior Quantitative Finance Analyst

Bank of America
Charlotte, NC

Separate email addresses with commas

Enter valid email address for sender.

Join us to start saving your Favorite Jobs!

Sign In Create Account
th -
Overall Rating: /199
Median Salary:

Work Environment
Stress
Growth
Powered ByCareerCast