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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

RESPONSIBLITIES:

Perform all model validation tasks including but not limited to independent model validation, annual model review, ongoing monitoring report review, required action item review.
Provide expertise for projects pertaining to modeling approaches for both statistical and machine learning models.
Provide methodological, analytical, and technical support to effectively challenge and influencing the strategic direction and tactical approaches of these projects.
Communicate and work directly with relevant modeling teams and their corresponding Front Line Unit.
Communicate and interact with the third line of defense.
Utilize Python, R or SAS, and intermediate level database knowledge.
Build and validate quantitative models using classical techniques, including regression and decision trees, and AI/ML techniques, including gradient boosting trees and neural networks.
Build and validate models subject to regulatory requirements and understanding of regulatory expectations for models.
Build and validate models and conducting in-depth ad-hoc analysis related to markets events or decisions that affect model risk.
Develop models to assess the adequacy of modeling approaches suggest by model validators.

REQUIREMENTS:

Master's degree or equivalent in Finance, Statistics, Economics or related; and
3 years of experience in the job offered or a related quantitative occupation.
Must include 3 years of experience in each of the following:
Utilizing Python, R or SAS, and intermediate level database knowledge;
Building and validating quantitative models using classical techniques, including regression and decision trees, and AI/ML techniques, including gradient boosting trees and neural networks;
Building and validating models subject to regulatory requirements and understanding of regulatory expectations for models;
Building and validating models and conducting in-depth ad-hoc analysis related to markets events or decisions that affect model risk; and,
Developing models to assess the adequacy of modeling approaches suggest by model validators.

If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.

EMPLOYER: Bank of America N.A.

Shift:

1st shift (United States of America)

**Hours Per Week: **

Vice President; Quantitative Finance Analyst