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!

RESPONSIBILITIES :

Provide oversight of model risk for consumer & small business behaviors.
Validate and challenge newly-developed and existing models.
Evaluate and challenge the conceptual soundness, theoretical foundations and quantitative methods used in the models.
Apply knowledge of statistical, econometrics and other quantitative modelling skills, home loan, mortgage, credit card and different financial products to assess the model framework and performance.
Conduct examination on model implementation, data management, model execution and analysis.
Evaluate model performances and monitoring results by backtesting model outputs against benchmarks and realized outputs.
Communicate issues identified through validation reports and presentations to relevant businesses and governance and control functions.
Compile and maintain large consumer data sets with complex data architecture and writing efficient SQL queries to manipulate data including merging, cleaning and data mining through various of sources to feed in quantitative models.
Build and test quantitative models by evaluating the used conceptual soundness, theoretical foundations, and quantitative methods.
Design and develop various advanced statistical, econometrics and time series models, using Python, R or SAS.
Document model development/testing insights and analytic findings via LaTeX and leveraging Git /Bitbucket to version control codes and documents.

REQUIRED SKILLS & EXPERIENCE :

Master's degree or equivalent in Finance, Statistics, Mathematics, Financial Mathematics or related; and
2 years of experience in the job offered or a related quantitative occupation.
Must include 2 years of experience in each of the following:
Compiling and maintaining large consumer data sets with complex data architecture and writing efficient SQL queries to manipulate data including merging, cleaning and data mining through various of sources to feed in quantitative models;
Building and testing quantitative models by evaluating the used conceptual soundness, theoretical foundations, and quantitative methods;
Designing and developing various advanced statistical, econometrics and time series models, using Python, R or SAS; and,
Documenting model development/testing insights and analytic findings via LaTeX and leveraging Git /Bitbucket to version control codes and documents.

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