Bank of America is looking to conduct quantitative analytics and modeling projects for specific business units or risk types, requiring the development of new models, analytic processes, and systems approaches to better understand key drivers and manage risk.
Requirements
- Quantitative Development
- Risk Analytics
- Risk Modeling
- Technical Documentation
- Risk Management
- Test Engineering
- Data Modeling
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 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
- Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches
- developing new models, analytic processes, or systems approaches
- creating technical documentation for related activities
- working with Technology staff in the design of systems to run models developed
Other
- Minimum Education Requirement: Master’s degree in related field or equivalent work experience
- Shift: 1st shift (United States of America)
- Hours Per Week: 40
- Critical Thinking
- Adaptability
