Sr Quantitative Finance 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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us
 

Job Description:

Senior Quantitative engineers in Global Risk are responsible for designing and overseeing the implementation of common, reusable, and scalable software components. These components enable GRM's data and analytical capabilities. These components can be domain independent (e.g., generic data quality tools over  billions of rows of data) or domain specific (e.g., classification models for surveillance or testing framework for Global Markets processes). Senior Quantitative engineers work with senior modelers, risk managers, and technologists to understand the current state and design the future state of data and analytics. Senior Quantitative engineers have a combination of software engineering, big data, modeling and management skills and the ability to work across the entire spectrum of a big data stack – from data to logic to model to UI to UX.

Responsibilities:

Drive forward Business, Product and Project Management  capabilities across GRQE.  In particular:

• Support Tech Lead of in managing the team , particularly timely and effective delivery of the book of work, removing roadblocks for the team and make the team operate more efficiently

• Support COO in driving out future strategy for GRQE

• Responsible for driving forwards multiple concurrent projects, particularly the implementation of models onto the organization's target-state infrastructure and adoption of modular and reusable components, ensuring adherence to team business practices as well as Enterprise project governance and Change Management standards

• Support effective delivery through strong project management practices and provision of project management expertise to modelers and test owners

• Provide business support to GRQE COO as necessary – this may include capacity planning, reports and returns, hiring activities, managing routines, etc.

• Drive Operational Excellence across GRQE through leading identification and implementation of change activities

• Explore opportunities to automate project management and business management processes and reporting

• Explore ways to optimize the team operating model for project management and business management practices

Soft Skills:

• High level of intellectual curiosity

• Experience implementing strategic process improvements and/or automation

• Proven track record of building relationships and effectively influencing key stakeholders

• Adept at detecting and remediating organizational / process weaknesses and deficiencies

• Feels ownership and accountability for delivering high quality work, able to balance multiple priorities and meet strict deadlines

• Strong written, verbal, presentation creation and delivery skills, typically to very senior audiences

• Well organized with attention to detail

• Willing to challenge the status quo and with a track record of driving change

Minimum Education Requirement:

• Bachelor's degree in Computer Science, a closely related field, or a degree from a program where software engineering was a key focus or equivalent work experience

• 7+ years of relevant work experience

Qualifications:

• At least 7 years of relevant experience in Business or Product or Project Management

• Self-motivation, self-direction, organizational skills with the ability to understand deeply technical areas quickly, ability to organize projects, manage multiple projects, multiple stakeholders

• Strong leadership skills - Ability to foster strong collaboration among team members and help solve problems

• Experience in financial services or a related field

• Experience of business management and project management in a fast-paced organization

• Strong influencing skills

• Strong communication skills; able to work with senior management

• Strong analytical, problem solving and organizational skills

• Demonstrate intellectual curiosity to drive forward opportunities for improvement

• 'Control' oriented experience and mindset

• Working knowledge of risk management

Additional helpful skills:

• Experience of Quantitative Engineering

• Experience of model development and the Model development lifecycle  

• Excellent proficiency and hands-on experience with JIRA (Horizon tools)

• Working knowledge of risk management

• Programming skills including Python, SQL – or the desire to learn these skills

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540), US - NJ - Jersey City - 525 Washington Blvd (NJ2525), US - NY - New York Avenue Of The Americas - Grace (NY1544)Pay and benefits informationPay range$125, $210,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

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