Quantitative Risk Analyst

Bank of America - Charlotte, NC3.8

Full-timeEstimated: $100,000 - $130,000 a year
Job Description:
Bank of America is looking for a Quant Analyst to join the Global Risk Analytics (GRA) team. GRA is responsible for developing models and analytical tools for the facilitation of Risk and Capital measurement, management, and reporting.
Responsibilities to include, but not limited to, the following:

Conduct production execution of Servicing Operations for each Enterprise Stress Testing (EST) and Comprehensive Capital Analysis and Review (CCAR) cycle
Perform business controls and checks during the execution process
Review and articulate model execution results to internal team and stakeholders
Interact with model development team to provide testing for proposed model adjustments and overlays
Be able to work independently on projects with strict deadlines.
Interface with a wide audience including peers, senior management, Model Risk Management, model developers, model implementation group, Forecast Administrators, Risk Technology, project managers, Lines of Business
Required Skills & Experience

Masters degree
2 years of relevant experience
Strong intuition for financial markets and risks
Strong attitude for independent critical thinking
Very hands-on and detail oriented, “can-do” attitude
Analytical ability and problem-solving skills
Ability to liaison with internal team members and other stakeholders in order to enhance current ongoing model monitoring process
Excellent written and oral communication skills at all levels (i.e. colleagues to senior management) and situations (i.e. one-on-one to presentations)
Coding Skills & experience in SAS, SQL, R, Python, LaTeX
Advanced proficiency with Excel, PowerPoint, and Word
Desired Skills & Experience

Experience in a quantitative environment is preferred
Risk Management - operations, procedures, and controls
Experience managing priorities in a quantitative model centered environment
Experience interfacing with audit and compliance professionals
Familiarity with CCAR, CECL, BASEL
Mathematical and modeling skills
Responsible for independently conducting quantitative analytics and modeling projects. Responsible for developing new models, analytic processes or systems approaches. Creates documentation for all activities and works with Technology staff in design of any system to run models developed. Incumbents possess excellent quantitative/analytic skills and a broad knowledge of financial markets and products.

1st shift (United States of America)

Hours Per Week: