Quantitative Analyst

Bank of America - Jacksonville, FL (30+ days ago)3.9

Job Description:
Responsible for performing complex analysis and modeling. Utilizes a variety of systems including, but not limited to Excel, Access, Visual Basic, SAS, and InfoQuest at an intermediary level. Provides analytical support on various strategies to ensure company goals are met. Coordinates the production of performance reports and updates for senior management. May utilize established databases to provide statistical and financial modeling. Analyzes portfolio trends, concerning risk, loss trends, marketing performance, portfolio dynamics, and bureau scoring criteria. Will participate in the rollout of company-wide pilot programs developed as a result of programmed models. Duties primarily include the regular use of discretion and independent judgment. 2-5 years experience preferred.

**This role may be filled as a Strategy Analyst II or III depending upon experience. **


Unsecured Collection and Recovery Strategies develops tactics that help our customers through difficult times while mitigating losses for the Bank. The Consumer Product Strategy Analyst must be able to work independently to develop recommendations that consider their research and analysis, the regulatory framework, and competing strategies. The analyst must then utilize communication and influencing techniques to build consensus and drive implementation. This high visibility position offers a unique opportunity to interact with senior managers and drive significant business results.

In addition to internal associates, Bank of America utilizes external collection agencies for pre and post-charge-off collection activities. The Strategy Analytics team leverages a combination of quantitative and coding skills to maximize ROI while maintaining operational quality and ensuring a positive customer experience. Analytics focus areas include:

Expense and loss optimization based on known factors such as productive hours, collector effectiveness, and contact frequency and type
Streamlining operational processes to the current loss environment
Required Skills & Experience

Experience with statistical tools such as SAS and SQL
Strong analytical and problem solving skills as demonstrated by 3-5 years of experience
Strong evidence of leveraging analytics to drive business results
Quantitative analyst experience, including skills like data mining and statistics
Skilled with MS Office (Excel, Access, Word, and PowerPoint)
Proficient at written and oral communication, including presentation skills
Desired Skills & Experience

4-year degree (prefer Bachelor of Science (Engineering, Math, Statistics, Finance, Sciences, etc))
2+ years programming and analytics experience with SAS/SQL
Experience working within the Bank's data infrastructure (BACARDI, The W, SQL Server, etc)
Experience with business case development/financial statements
Experience with process design/redesign (ex. Six Sigma, Engineering)
Advanced Degree (MBA (Operations preferred), Industrial Engineering, Statistics, etc.)

1st shift (United States of America)

Hours Per Week: