Quantitative Operations Associate

1 month ago


Plano, Texas, United States Bank of America Full time
Job Title: Quantitative Operations Associate

We are seeking a highly skilled Quantitative Operations Associate to join our Global Operations Data Management and Analytics team. As a key member of our team, you will be responsible for analyzing operational activities to obtain quantitative forecasts for staffing decision-making through the application of statistical models and business intelligence.

Key Responsibilities:
  • Develop and modernize time-series models using advanced algorithm-based forecasting techniques
  • Assist in driving forecast consistency and innovation across the team
  • Routinely partner with the Front-Line Units (FLUs) to generate best-in-class outcomes
  • Help with documentation and other efforts to adhere to Model Risk Management (MRM) guidelines
  • Support ongoing monitoring and improving forecasting performance and efficiency
Requirements:
  • Master's degree in Mathematics, Statistics, Applied Economics, Operations Research, Advanced Analytics, or other STEM field
  • 2+ years of experience as a professional predictive modeling analyst (forecasting, regression analysis, time-series, etc.)
  • Fundamental understanding and experience with Linear Regression, Time-Series, Statistical Modeling, both through education and professional experience
  • Experience with SAS, Python, R, or similar statistical software
  • Experience with Tableau or other data visualization
  • Ability to work in a team-oriented environment with strong aptitude for problem-solving and collaboration
  • Strong communication and interpersonal skills - specifically the ability to communicate complex ideas in a clear and concise manner to key stakeholders
  • Natural curiosity and drive to answer important business questions
  • High aptitude for self-motivation and self-determined project work
Preferred Skills:
  • Data mining experience using SQL
  • Prior Bank of America/Banking industry analytics and modeling experience, specifically with developing predictive models that adhere to standards set by a risk management governing body
  • Ability to coach others
About Bank of America:

Bank of America is committed to creating a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse.



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