Sr Quantitative Fin Analyst

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: This job is responsible for conducting quantitative analytics and complex modeling projects for specific business units or risk types. Key responsibilities include leading the development of new models, analytic processes, or system approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations may include the ability to influence strategic direction, as well as develop tactical plans. Responsibilities: Performs end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers. Leads the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization. Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation. Maintains and provides oversight of model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite. Leads and provides methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk. Works closely with model stakeholders and senior management regarding communication of submission and validation outcomes. Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches. Skills: Critical Thinking Quantitative Development Risk Analytics Risk Modeling Technical Documentation Adaptability Collaboration Problem Solving Risk Management Test Engineering Data Modeling Data and Trend Analysis Process Performance Measurement Research Written Communications Minimum Education Requirement: Master’s degree in related field or equivalent work experience. Years of Experience: 3+ Years Background: Financial Service Industry Required Skills: Project Management - Strong analytical, planning, problem-solving, management and organizational skills. Experience with project management tools such as JIRA. Communicates and Influences - Possess excellent verbal and written communications skills including the ability to clearly present results and ideas across multiple levels of management. Strong interpersonal & communication skills with ability and desire to build networks and work across multiple functions. Results Driven - Ability to work independently, draw meaningful conclusions and develop recommendations. Detail-oriented and proactive in every approach. Exhibits a “can-do” attitude. Able to assess the overall picture and understand key risks, with a dedicated work ethic to deliver high standards of excellence. Interpersonal Effectiveness - Actively develops and manages relationships across the division and with a wide variety of partners based on trust, teamwork, and knowledge. Successful at stakeholder management and influencing; builds partnerships to achieve sustainable results. Perspective - Ability to understand the impact of change across a spectrum of inter-related initiatives. Proficiency in Python, SQL, and data analytics tools such as Tableau. Advanced proficiency with Microsoft suite. Desired Skills: Experience with software migration, disaster recovery planning. Experience with CCAR, CECL. Shift: 1st shift (United States of America) Hours Per Week: 40 #J-18808-Ljbffr