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Quantitative Finance Senior Analyst

Bank of America

Bank of America

IT, Accounting & Finance
Atlanta, GA, USA · Charlotte, NC, USA · United States · Remote
Posted on Jul 24, 2024

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:
Within Corporate Investments Group, expertise in two or more or deep mastery of one of the following disciplines: Coding, Scripting/Implementation, Mathematical Modeling, Economics, Statistics, Theory/Valuation or Financial Economics. Responsible for conducting quantitative analytics and modeling projects incorporating quantitative problem solving skills with intuition. Responsible for developing new models, analytic processes or systems approaches. Possesses excellent quantitative/analytic skills and a broad knowledge of financial markets and products.

Responsibilities:

  • Develop the business acumen and institutional knowledge necessary to build and maintain models and processes specific to banking and Treasury: balance sheet management, liquidity, global funding and market risk

  • Utilize advanced quantitative techniques, such as, statistical analysis, predictive modeling and mathematical optimization

  • Troubleshoot issues that arise in the daily execution of models and processes maintained by the team

  • Implement production-quality code, with a focus on the Python and R programming languages

  • Develop web tools to facilitate the visualization of model outputs reporting and model performance monitoring

  • Fulfill all the requirements to maintain models compliant

  • Conduct model research and development with a focus on quantitative finance, financial engineering, and mathematical optimization

  • Perform data analytics and reporting

  • Design or enhance software applications using R, python, PySpark, SQL

  • Write modular, production-quality, and unit-tested code, in a collaborative and controlled environment

  • Use Linux OS, including operating effectively on the command line interface (bash)

Skills:

  • Analytical Thinking

  • Application Development

  • Automation

  • Solution Design

  • Technical Strategy Development

  • Business Intelligence

  • Data Modeling

  • Financial Management

  • Solution Delivery Process

  • Business Analytics

Required Qualifications:

  • 2 years of experience in the job offered or a related Quantitative occupation

  • Must have 2 years of experience in each of the following: Conducting model research and development with a focus on quantitative finance, statistical modeling, and mathematical optimization

  • Experience performing data analytics and reporting

Desired Qualifications:

  • Master's degree or equivalent in Quantitative Finance, Mathematical Finance, Mathematics, Statistics, Operations Research, or related

Shift:

1st shift (United States of America)

Hours Per Week:

40