Assistant Vice President; Quantitative Finance Analyst

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Responsibilities

• Optimize end-to-end climate risk data delivery target state partnering with internal stakeholders.

• Ensure data quality and accuracy by establishing and improving data quality checks.

• Execute on Authorized Data Source (ADS) Data Sourcing and Provisioning strategy, in alignment with Enterprise Data Management and Global Risk objectives.

• Perform complex analysis and being engaged in the development of modelling that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposure.

• Provide analytical support on various product strategies to ensure company goals are met.

• Coordinate the production of performance reports for senior management.

• Participate and develop more complex program processes to extract data and using databases to support statistical and financial modelling.

• Analyze and evaluate large and complex economic and financial datasets with analytical tools of Python, SQL and R.

• Use big data technologies SQL to handle large volumes of data produced for complex financial forecasting models.

• Develop data visualization tools using Tableau to analyze and present data in order to support model development of mortgage loan loss forecast.

• Employ data analytics and visualization tools Alteryx, Tableau, and Jupyter Notebook to build easy access analytical capabilities and insightful reporting for the management.

• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience

• Master's degree or equivalent in Statistics, Mathematics, Computer Science, Information Systems, or related: and

• 1 year of experience in the job offered or a related Quantitative occupation.

• Must include 1 year of experience in each of the following:

• Analyzing and evaluating large and complex economic and financial datasets with analytical tools of Python, SQL and R;

• Using big data technologies SQL to handle large volumes of data produced for complex financial forecasting models;

• Developing data visualization tools using Tableau to analyze and present data in order to support model development of mortgage loan loss forecast; and,

• Employing data analytics and visualization tools Alteryx, Tableau, and Jupyter Notebook to build easy access analytical capabilities and insightful reporting for the management.

If interested apply online at www.bankofamerica.com/careers or email your resume to [email protected] 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: 

40

Pay Transparency details

US - NJ - Jersey City - 525 Washington Blvd (NJ2525)Pay and benefits informationPay range$120,000.00 - $153,300.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.