1 day old
2017-12-122018-01-11

Quantitative Finance Analyst

Bank of America
Chicago, IL
  • Job Code
    bankofamerica-17050768ChicagoIL
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Company Bank of America

Job Title Quantitative Finance Analyst

Jobid bankofamerica-17050768ChicagoIL

Location: Chicago, IL, 60664, USA

Description **Job Description:**



**Responsibilities:**



+ Responsible for performing in-depth analysis on the bank’s counterparty exposure risk model and is engaged in the development of model performance monitor tool.

+ Provides analytical support on various model testing and monitoring initiatives. Produces model performance reports for senior management.

+ Participates in or develops model monitoring and test tools to extract data and use databases to provide statistical and model performance analysis.

+ Play a key role in the investigation process around defects, exceptions, including validation of inputs, exposure and alpha analysis, and documentation of clear and concise explains

+ Assist in the production of reporting packages and analysis for senior management, governing committees and regulatory bodies. This includes generation and maintenance of reporting that supports model governance and control routines



**Qualifications**



Required Skills:



+ 3-5 years of work experience in a related field (Counterparty Credit Risk, Middle Office Risk, Front Office Market Risk, etc.)

+ Graduate degree, preferably in a quantitative discipline

+ Experience in data analysis, with strong research and analytical skills

+ Proficiency in these computer skills ( Python, SQL, Excel and VBA)

+ Strong written and oral communication, interpersonal and organizational skills and ability to build and maintain relationships with personnel across areas and regions

+ Strong work ethic and ability to drive results

+ Ability to multitask with strong time management skills

+ High level of attention to detail



Desired Skills:



+ Working knowledge of Counterparty Credit Risk (Model, risk mitigation, exposure modeling, etc)

+ Prior experience with preparation of testing and issue trending results, and communicate findings and recommendations to test lead.



**Posting Date** : 07/21/2017



**Location** :

Chicago, IL, 135 S LA SALLE ST (IL4135),

- United States



**Travel** : Yes, 5% of the time



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.



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Quantitative Finance Analyst

Bank of America
Chicago, IL

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Bank of America
Chicago, IL

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