Vice President, Quantitative Finance Analyst Charlotte, NC 3 years experience Posted 09/13/23

Company: Bank of America
Location: Charlotte
Posted on: September 19, 2023

Job Description:

Vice President, Quantitative Finance AnalystAt 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:Review and validate complex predictive models, including the model assumptions, identifying key gaps and model limitations, critically reviewing the conceptual soundness and model data quality.Build benchmark models using mathematical and statistical techniques such as Linear Regression, Logistic Regression, Error Correction Models (ECM).Research and analyze data using a variety of software programs, including R, SAS, Python etc., and present findings to internal and external stakeholders.Write structured, comprehensive validation reports for assessment of the models, and meeting regulatory requirements for independent model validation and effective challenge.Interpret and forecast trends in time series data for macroeconomic variables to use them as regressors for forecasting revenues.Recommend solutions to econometric issues observed in time series data, to increase applicability of the data for the models.Analyze and manage large, complex financial datasets with programming tools such as VBA and SQL.Build automated reporting toolsets, system, and control reports to ensure audit and regulatory compliance.Generate financial analysis to support business strategy, risk management, and regulatory examinations.Build financial models to conduct industry benchmarking using tools like VBA and Advanced Excel.REQUIREMENTS:Master's degree or equivalent in Finance, Mathematics, Statistics, Mathematical Finance or related; and3 years of experience in the job offered or a related quantitative occupation.Must include 3 years of experience in each of the following:Analyzing and managing large, complex financial datasets with programming tools such as VBA and SQL;Building automated reporting toolsets, system and control reports to ensure audit and regulatory compliance;Generating financial analysis to support business strategy, risk management, and regulatory examinations; and,Building financial models to conduct industry benchmarking using tools like VBA and Advanced Excel.The Employer will accept pre- or post-master's degree experience.

Keywords: Bank of America, Charlotte , Vice President, Quantitative Finance Analyst Charlotte, NC 3 years experience Posted 09/13/23, Executive , Charlotte, North Carolina