75 applicants

Company

Original Job Post

Bank of America · 2 days ago

Quantitative Finance Analyst - Consumer Model Development & Operations

Charlotte, NC

Full-time

Onsite

Entry, Mid Level

2+ years exp

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Asset ManagementBanking

H1B Sponsorship

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Responsibilities

Performs end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers

Supports the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization

Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation

Supports model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite

Supports the methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk

Works closely with model stakeholders and senior management with regard to communication of submission and validation outcomes

Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Data AnalysisStatistical ModelingPythonSQLPandasNumPyLaTeXAnalytical ThinkingProblem SolvingCommunicationHDFSHIVESparkCI/CD toolsGitJIRAConfluencePytestJenkinsSonarQubeCredit card knowledgeConsumer vehicle lending knowledgeCCARCECL

Required

Master’s degree in related field or equivalent work experience

First-hand experience in data analysis, statistical model estimation, implementation, and testing

Strong programming skills in Python, SQL, Pandas and NumPy

Quantitative documentation experience with LaTeX

Strong analytical and problem-solving skills

Effectively presents quantitative analysis to stakeholders

Preferred

Experience with HDFS, HIVE, and Spark

Ability to apply CI/CD tools (e.g,, Git, JIRA, Confluence, Pytest, Jenkins, and SonarQube) in model development process

In-depth business knowledge of credit card and consumer vehicle lending

Experience with CCAR and CECL

Benefits

Competitive benefits to support physical, emotional, and financial well-being

Company

Bank of America

Glassdoor

3.9

Bank of America is a financial institution that offers credit cards, home loans, and auto loan services.

Founded in 2007

Charlotte, North Carolina, USA

10,001+ employees

https://www.bankofamerica.com

H1B Sponsorship

Bank of America has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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2020 (930)