See more Collapse

Senior Quantitative Finance Analyst

3 months ago

New York, United States Bank of America Full time
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 with regard to 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: Null

Bank of America's Global Risk Management business is looking for a Senior Quantitative Finance Analyst within the Market Behavior Analytics group. This group is responsible for developing surveillances and other sophisticated controls over activities in our Global Markets business. These controls detect potentially suspicious activities and patterns of behavior. Building these controls requires knowledge of big data techniques, ability to architect systems that can efficiently scale to hundreds of billions of data points per day, machine learning over unstructured and structured data, graph analytics, and experience with building UI for data rich applications.

Key responsibilities include:

• Designing and building end-to-end surveillance systems, which include data transformations, data controls, modeling, scaling, and user interfaces
• Managing a team of highly skilled quantitative analysts and engineers and setting the direction of the team
• Interfacing with and influencing various stakeholders in business, modeling, and technology groups across the bank

Required Skills:
• Successful candidates will have a Masters or PhD in Computer Science or similar discipline, and at least 7 years of relevant experience
• Proven technical leadership in designing big data systems
• Proven technical leadership in building complex analytical models that use a combination of numeric, textual, and graph data
• Proven technical leadership in using machine learning to solve domain specific problems
• Experience in managing teams of size up to 10
• Ability to work in a large, complex organization, and influence various stakeholders and partners
• Player-coach who is able to simultaneously lead a team and work on projects individually
• Strong communication skills and ability to effectively communicate quantitative topics to technical and non-technical audiences
• Ability to effectively presents findings, data, and conclusions to influence senior leaders

Shift:
1st shift (United States of America)

Hours Per Week:
40

We have other current jobs related to this field that you can find below

  • Senior Quantitative Analyst

    6 days ago

    New York, United States Brain Gain Recruiting Full time

    A Leading Global Investment Company is seeking highly motivated and creative Quantitative Analysts and Senior Quantitative Analysts to join its esteemed Quantitative Strategies organization. We are looking for individuals who are passionate about applying advanced mathematical techniques and software development skills to design, analyze, and implement...

  • Sr. Quantitative Finance Analyst

    2 weeks ago

    New York, United States Bank of America Full time

    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...

  • Senior Quantitative Analyst

    3 months ago

    New York, United States Brain Gain Recruiting Full time

    Company Description A Leading Global Investment Company is seeking highly motivated and creative Quantitative Analysts and Senior Quantitative Analysts to join its esteemed Quantitative Strategies organization. We are looking for individuals who are passionate about applying advanced mathematical techniques and software development skills to design, analyze,...

  • Senior Quantitative Analyst

    2 weeks ago

    New York, United States Enterprise Integration Full time

    Job DescriptionJob DescriptionSenior Quantitative AnalystOVERVIEW:We are seeking a highly skilled and experienced Senior Quantitative Analyst to join an elite trading strategies team at a leading multinational investment management firm, headquartered in New York City. This role is pivotal in driving the development of cutting-edge quantitative models and...

  • Quantitative Finance Analyst

    3 weeks ago

    New York, New York, United States Bank Of America Full time

    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...

  • Senior Quantitative Analyst

    4 months ago

    New York, United States The Rockridge Group Full time

    Job DescriptionJob DescriptionRole: Senior Quantitative AnalystRole DescriptionThe Market Data Solution (MDS) and Risk Master (RM) businesses are seeking a high caliber candidate to join as a Senior Quantitative analyst their Mumbai office. This is a high-profile role which requires strong modelling skills coupled with a strong commercial awareness and...

  • Quantitative Analyst

    2 months ago

    New York, United States augmentjobs Full time

    Job DescriptionJob DescriptionJob Description:As a Quantitative Analyst, you will be responsible for developing and implementing mathematical models and statistical techniques to analyze financial data and solve complex problems. You will work closely with the quantitative research team to develop trading strategies, risk models, and investment algorithms....

  • Quantitative Analyst

    1 month ago

    New York, United States HSBC Full time

    Job description Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to...

  • Quantitative Analyst

    1 month ago

    New York, United States beBee S US Full time

    Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world -...

  • quantitative analyst

    4 weeks ago

    New York, New York, United States HSBC Full time

    Description Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better...

  • Senior Analyst of Quantitative Development

    1 month ago

    New York, United States Green Recruitment Company Full time

    Job Title: Senior Analyst of Quantitative Development Location: United States (Remote) The Senior Analyst of Quantitative Development will support the development and implementation of high-quality software solutions and quantitative models to support the commercial optimization of the firm's growing fleet of battery energy storage projects. The Senior...

  • Client Quantitative Analyst II

    2 weeks ago

    New York, United States Bank of America Full time

    Description : Leads the detailed project deliverables of a specific team of Analytical resources consisting of Senior Analysts and Analysts; serving specific business unit leaders across GWIM, Consumer, and Marketing Executes management priorities and makes appropriate adjustments to management timing, resource requirements, etc. Directs, performs,...

  • Senior Quantitative Risk Analyst

    2 months ago

    New York, United States The Ladders Full time

    Senior Quantitative Risk Analyst - Enterprise RiskThe Role We are seeking an exceptionally talented individual to join our risk team to be a key member focused on investment research and support of senior leadership in making capital allocation and firm risk management decisions. A successful candidate will help to build and maintain analytical models used...

  • Quantitative Risk Analyst

    1 week ago

    New York, New York, United States LanceSoft Full time

    The Capital & Investment Risk Management (C&IR) team within Enterprise Risk Management (ERM) is looking for a Quantitative Risk Analyst to support business initiatives in a highly collaborative environment.The ideal candidate will work closely with a quant team (Developers and Analysts) to enhance ERM's analytical and reporting capabilities in both...

  • Quantitative Risk Analyst

    2 months ago

    New York, United States LanceSoft Full time

    Job Title: Quantitative Risk Analyst Work Location: New York, NY- Hybrid Pay: $80/ hour on W2Description:The Opportunity: The Capital & Investment Risk Management (C&IR) team within Enterprise Risk Management (ERM) is looking for a Quantitative Risk Analyst to support business initiatives in a highly collaborative environment. As a quantitative risk...

  • Quantitative Risk Analyst

    7 days ago

    New York, United States LanceSoft Full time

    The Capital & Investment Risk Management (C&IR) team within Enterprise Risk Management (ERM) is looking for a Quantitative Risk Analyst to support business initiatives in a highly collaborative environment.The ideal candidate will work closely with a quant team (Developers and Analysts) to enhance ERM's analytical and reporting capabilities in both...

  • Senior Quantitative Risk Analyst

    2 months ago

    New York, United States Schonfeld Full time

    Senior Quantitative Risk Analyst – Enterprise Risk The Role We are seeking an exceptionally talented individual to join our risk team to be a key member focused on investment research and support of senior leadership in making capital allocation and firm risk management decisions.  A successful candidate will help to build and maintain analytical models...

  • Finance Analyst

    3 weeks ago

    New York, United States A&E PROPERTIES II MGMT LLC Full time

    Job DescriptionJob DescriptionDescription:About A&E Real Estate Finance:A&E Real Estate Finance ("AEREF") is a lending platform in New York City affiliated with A&E Real Estate, one of the largest vertically integrated multifamily owner-operators in New York City. AEREF specializes in customized commercial mortgage financing solutions for experienced and...

  • Quantitative Research Analyst

    2 weeks ago

    New York, United States Cubist Systematic Strategies Full time

    Cubist Systematic Strategies, LLC. has an opening for a Quantitative Research Analyst in New York, NY. This position is hybrid; can work up to 2 days per week from home.Conduct and manage quantitative finance alpha research from diverse data sources to provide accurate stock return forecasts. Build and implement profitable quantitative equity investment...

  • Senior Quantitative Financial Analyst

    3 weeks ago

    New York, United States Staffing Ninja Full time

    Job Description:We are looking for someone with a business analyst skill set to help us identify, design, and drive the implementation of new automated auditing opportunities across the US Corporate Audit teams with a specific focus on the Global Markets, Global Banking, and Market Risk areas. The role will involve working closely with the line of business...