Assistant Vice President; Quantitative Finance Analyst
Company: Disability Solutions
Location: New York
Posted on: October 10, 2024
Job Description:
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:
- Measure counterparty credit risk for all lines of businesses in
the Markets division covering all traded products.
- Participate in constructing counterparty credit risk portfolio
reviews along with specialized deep dives on specific
counterparties.
- Leverage expertise in counterparty credit risk management and
traded products to highlight areas that warrant additional
investigation, monitoring and discussion.
- Perform analysis which will encompass a range of counterparty
exposure management techniques such as potential future exposure,
stress testing sensitivity analysis, wrong way risk, and CVA.
- Maintain strong risk discipline and demonstrated ability to
working across a variety of functions including trading, sales and
credit risk.
- 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 and process large
volumes of data produced by multiple data sources.
- Develop and evaluate historical quantitative modeling and
analytics projects in risk analytics and financial forecasting
leveraging R and Python.
- Employ data analytics and visualization tools of Tableau and
VBA macros to build easy access analytical capabilities.
- Implement advanced high-performance Python code for automation
on the data generation, visualization of the reporting and auto
distribution to management.
- Remote work may be permitted within a commutable distance from
the worksite.REQUIRED SKILLS & EXPERIENCE:
- Master's degree or equivalent in Finance, Mathematics,
Statistics, 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:
- 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 and process large
volumes of data produced by multiple data sources;
- Developing and evaluating historical quantitative modeling and
analytics projects in risk analytics and financial forecasting
leveraging R and Python;
- Employing data analytics and visualization tools of Tableau and
VBA macros to build easy access analytical capabilities; and
- Implementing advanced high-performance Python code for
automation on the data generation, visualization of the reporting
and auto distribution to management.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: 40Pay Transparency
detailsUS - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER
(NY1100)Pay and benefits informationPay range- annualized salary,
offers to be determined based on experience, education and skill
set.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.
Keywords: Disability Solutions, Middletown , Assistant Vice President; Quantitative Finance Analyst, Executive , New York, Connecticut
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