Quantitative Finance Analyst

Bank of America


Location:
New York, NY
Date:
08/17/2017
2017-08-172017-09-16
Job Code:
bankofamerica-17020034NewYorkNY
Bank of America
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Job Details

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Company Bank of America

Job Title Quantitative Finance Analyst

Jobid bankofamerica-17020034NewYorkNY

Location: New York, NY, 10176, USA

Description **Job Description:**



Bank of America is looking for a highly motivated market risk quantitative analyst/developer professional to join the Global Risk Analytics team. The Global Analytics Team is part of the Global Risk organization. The primary focus of our team is ­quantitative modeling. The key business partners include risk, finance, model review, and front office business lines.



This role is responsible for:



+ leading the development efforts of new models and diagnostic tools,

+ define and enhance the bank credit and market risk methodologies,

+ present and defend the risk methodologies to senior management and external regulators,

+ work across departments: technology groups, model review, audit, etc. in order to achieve the business objectives.



Strong quantitative and communication skills are required as they will work closely with senior management and business units who use these models.



Throughout the tenure of the role, the teammate should expand upon their exposure and acumen in quantitative design, estimation, implementation, and execution of risk and behavioral models. They will generate and execute leading or cutting edge quantitative solutions to risk based problems and integrate seamlessly in a global organization.



Required Skills:



+ PhD in a quantitative field Mathematics, Physics, etc. (PhD in Statistics is preferred)

+ 3-5+ (VP) 0-3 (AVP) years of experience working in developing quantitative models (Front office or Risk)

+ Highly motivated and demonstrated ability to execute

+ Model development experience in major financial institution

+ Deep knowledge of banking products and services

+ Strong computational skills (R, Python and C++ are preferred)

+ Willingness to work under pressure to meet deadlines



Desired Skills:



+ Advanced knowledge of statistics and mathematical finance

+ Proficiency in computer programming and statistical packages / languages

+ Direct experience in financial modeling implementation



**Posting Date** : 03/27/2017



**Location** : US-NY-New York



**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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