Full-Time

Senior Quantitative Finance Analyst

Confirmed live in the last 24 hours

Bank of America

Bank of America

10,001+ employees

Provides banking, investment, and asset management services

Fintech
Financial Services

Compensation Overview

$125k - $210kAnnually

+ Discretionary Incentive

Senior

Charlotte, NC, USA + 1 more

More locations: New York, NY, USA

Category
Risk Management
Finance & Banking
Required Skills
Python
MySQL
Pytorch
Apache Spark
SQL
Apache Kafka
Postgres
Hadoop
Oracle
Requirements
  • PhD or Masters in a quantitative field such as Computer Science, Engineering, Mathematics, Physics, or Statistics.
  • Strong knowledge of Information Security best practices, principles, technologies, associated risks and attack vectors.
  • Previous experience in Technology and Cyber Security across multiple incident or privacy disciplines.
  • Professional Infrastructure domain experience within Risk, CTO, and/or Global Information Security.
  • Strong knowledge of the NIST Cybersecurity Framework.
  • Advanced understanding of security threats, vulnerabilities, exploits, attack vectors, malware, and digital forensics.
  • Certificates in cybersecurity risk such as CISSP, Security+, CRISC, CISM will be a plus.
  • Strong knowledge of tools and models used to aid core technology, employee experience and data management.
  • Solid 3+ years of experience and knowledge with AI/ML and statistical modeling techniques, applying AI/ML techniques such as neural networks, random forest, GBM, SVM, Graphical models.
  • Hands-on experience with deep learning architectures using open-source toolkits in Python, PySpark, PyTorch.
  • Fluency with SQL on one or more relational databases such as Microsoft SQL Server, MySQL, Postgres or Oracle is a plus.
  • Understanding of the Hadoop platform (e.g., MapReduce, Hive, Impala, Spark, Flume, Kafka) and related Big Data technologies will also be a plus.
  • Excellent written and oral communication with stakeholders of varying analytic skills and knowledge levels.
  • Critical thinking and ability to independently and proactively identify/suggest/resolve issues.
  • Motivated to continuously research and share latest information security threats and trends to keep up with advancements.
Responsibilities
  • Performing all model validation tasks including but not limited to independent model validation, annual model review, ongoing monitoring report review, required action item review, and peer review.
  • Conducting governance activities such as model identification, model approval and breach remediation reviews to manage model risk.
  • Providing hands-on leadership for projects pertaining to statistical modeling and AI/ML approaches; and providing methodological, analytical, and technical support to effectively challenge and influence the strategic direction and tactical approaches of these projects.
  • Communicating and working directly with relevant modeling teams and their corresponding Front Line Units (Global Information Security / Technology); and if needed, communicating and interacting with the third line of defense (e.g., internal audit) as well as external regulators.
  • Writing technical reports for distribution and presentation to model developers, senior management, audit, and banking regulators.
  • Acts as a senior level resource or resident expert on analytic/quantitative modeling techniques used for managing Information Security risk and Technology risk.

Bank of America provides a wide range of financial services to individuals, small and medium-sized businesses, and large corporations. Their offerings include banking, investing, asset management, and risk management products. The company serves around 56 million consumer and small business clients in the U.S. and is recognized as a leading wealth management firm. Additionally, Bank of America is a major player in corporate and investment banking, as well as trading. What sets Bank of America apart from its competitors is its extensive client base and comprehensive service offerings that cater to various financial needs. The company's goal is to help clients achieve their financial objectives while managing their investments and risks effectively.

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at Bank of America offers exposure to a diverse range of financial products and services, enhancing career development opportunities.
  • The bank's leadership in wealth management and investment banking provides employees with the chance to work on high-impact projects and deals.
  • Bank of America's global presence and strong market position offer stability and growth potential for employees.

What critics are saying

  • The highly competitive nature of the financial services industry requires Bank of America to continuously innovate to maintain its market position.
  • Regulatory changes and economic fluctuations can impact the bank's operations and profitability, posing challenges for employees.

What makes Bank of America unique

  • Bank of America stands out as a global leader in corporate and investment banking, offering a comprehensive suite of financial services that cater to a wide range of clients from individuals to large corporations.
  • The bank's extensive network and relationships with approximately 56 million U.S. consumer and small business clients provide a significant competitive edge in the financial services industry.
  • Bank of America's involvement in high-profile credit facilities, such as Uber's $5B revolving credit, showcases its capability to handle large-scale financial transactions.

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