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Senior Quantitative Business Analyst

1 month ago

Charlotte, North Carolina, United States Bank of America Full time

About Us

At Bank of America, we are driven by a shared purpose to help our clients, teammates, and communities achieve their goals. We believe in the power of responsible growth and strive to make a positive impact on the world.

Job Overview

We are seeking an experienced Senior Quantitative Business Analyst to join our Consumer Banking team. As a key member of our anti-money laundering (AML) compliance program, you will play a critical role in supporting our efforts to detect and prevent financial crimes.

Key Responsibilities

  • Apply advanced quantitative methods to analyze complex data sets and identify trends and insights that inform AML risk assessments.
  • Maintain and enhance existing analytical capabilities to ensure they remain effective in detecting emerging risks and evolving client behavior.
  • Develop and deliver high-quality reports and presentations to stakeholders, including business leaders, risk managers, and technology teams.
  • Collaborate with cross-functional teams to design and implement data-driven solutions that support AML compliance programs.

Requirements

  • 2+ years of experience in applied data science, quantitative research, or a related field, including projects that demonstrate expertise in AML risk assessment.
  • Strong programming skills in languages such as Python, SAS, SQL, or other relevant tools.
  • Advanced analytical and problem-solving skills, with the ability to communicate complex ideas to non-technical stakeholders.
  • Experience working in a fast-paced, high-consequence environment, with a strong understanding of data governance and quality assurance principles.

Preferred Qualifications

  • Bachelor's or Master's degree in a quantitative field, such as Data Science, Economics, Engineering, Finance, Statistics, Mathematics, or Physics.
  • Proven track record of innovation and thought leadership in AML risk assessment, with a focus on data-driven insights and predictive modeling.
  • Effective communication and presentation skills, with the ability to articulate complex technical concepts to both technical and non-technical audiences.

What We Offer

At Bank of America, we offer a competitive salary range of $120,000 - $180,000 per year, based on experience, plus benefits and opportunities for career advancement. Our comprehensive compensation package includes:

  • A base salary of $140,000 per year.
  • A performance-based bonus structure that rewards individual and team contributions to our AML compliance program.
  • A robust benefits package, including medical, dental, and vision coverage, retirement savings plans, and paid time off.
  • Opportunities for professional development and career advancement, with access to training programs, mentorship, and networking events.

About the Role

This is a full-time position, with a flexible work schedule that allows for remote work options. The ideal candidate will have a strong passion for data analysis and AML risk assessment, with excellent communication and collaboration skills. If you are a motivated and detail-oriented individual who thrives in a fast-paced environment, we encourage you to apply for this exciting opportunity.