8 hours
2018-01-192018-02-17

Senior Quantitative Financial Analyst-Audit Model Risk

Bank of America
Charlotte, NC
  • Job Code
    bankofamerica-17070234CharlotteNC
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Company Bank of America

Job Title Senior Quantitative Financial Analyst-Audit Model Risk

Jobid bankofamerica-17070234CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**



**Sr Quantitative Financial Analyst- Audit Model Risk**



Senior Quantitative Financial Analysts (SQFA) will contribute to the Corporate Audit Model Risk group’s enterprise-wide coverage of model risk management.



The SQFA will assume the following responsibilities:



+ Determine and propose the risk-based scope of Model Audits.

+ Engage with business partners within various lines of business and functions to identify and assess the risks and control effectiveness.

+ Responsible for Leading Audits and produce high-quality audit reports

+ Responsible for raising audit findings articulating the results and impact of audit fieldwork, both verbally and in writing to the business.

+ Assist senior members of the model audit group to execute and report on business monitoring

+ Mentor and coach junior team members within the Model Risk Audit group.

+ Provide quantitative modelling consultation to other audit teams and engage with business partners in ensuring effective coverage of the model risk control environment.



Required Skills:



+ Master's or Ph.D. in a relevant quantitative discipline such as mathematics, statistics, operations research, physics, economics or MBA.

+ Relevant Model risk management experience in one or more of the following areas: governance, capital markets models, consumer / retail models, economic capital models, loss forecasting models.

+ Relevant professional experience of regulatory requirements within model risk management such as SR11-7 and SR15-18.

+ Model Risk Audit experience (strongly preferred).

+ Excellent organizational, analytical, quantitative, oral, and written communication skills.

+ Ability to manage and deliver timely on multiple projects.



**Posting Date** : 10/16/2017



**Location** :

Charlotte, NC, BANK OF AMERICA PLAZA, 101 S TRYON ST,

- United States



**Travel** : Yes, 10% 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.



Categories

  • Financial Services

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Senior Quantitative Financial Analyst-Audit Model Risk

Bank of America
Charlotte, NC

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Bank of America
Charlotte, NC

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