דרושים Quantitative Finance Analyst ב-Bank Of America ב-United States, Chicago

** On call and weekend rotation required**

Responsibilities include but are not limited to:

Crisis and Event Response
• Serve in a critical response role during crisis events, coordinating efforts to mitigate impact and facilitate recovery.
• Responsible for the continuous improvement, development and execution of crisis response plans, ensuring alignment with organizational business continuity strategies.
• Coordinate with cross-functional teams to prepare for and respond to incidents, including cyber threats, natural disasters, and other emergencies.

Documentation and Reporting
• Maintain up-to-date documentation of operational event response plans, procedures, protocols, and incident reports.
• Provide regular updates to senior management on the status of related business continuity initiatives and response activities.

Continuous Improvement
• Stay informed about industry best practices, regulatory requirements, and emerging threats related to business continuity and cybersecurity.
• Identify opportunities for process improvement and contribute to the enhancement of the organization's resilience capabilities.
• Lead or participate in Project Management activities

Required Qualifications
• 3+ years of experience in crisis management, or a related role, preferably within the cybersecurity sector.
• Strong analytical skills and the ability to assess complex situations and develop effective solutions.
• Excellent communication and interpersonal skills, with the ability to collaborate with diverse teams and stakeholders
• Experience with risk management frameworks and methodologies
• Knowledge of disaster recovery planning and execution, including IT disaster recovery strategies.
• Understanding of cybersecurity principles, threats, and vulnerabilities that may impact business operations.
• Ability to analyze complex situations, identify vulnerabilities, and develop effective solutions.
• Strong problem-solving skills to address challenges and make informed decisions during event/crisis

This job is responsible for providing moderately complex research, reporting, and analytical support for the delivery of end-to-end support for Global Markets sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives, and over-the-counter derivatives across multiple Lines of Business. Key responsibilities include carrying out duties under general supervision and assisting teammates while following established procedures.

Responsibilities:

• Conducting client due diligence (CDD) and enhanced due diligence (ECDD) in accordance with internal policies, procedures and regulatory guidelines

• Review of refresh requirements for assigned jurisdiction in line with related Client Identification Profile (CIP)/CDD Procedures to ensure adequacy and accuracy before the requirements are sent to the client.

• Liaise with sales/ client outreach teams to obtain and validate correct documentation to fulfill refresh requirements

• Perform client refresh through the review of client documentation, vendor databases and data entered into proprietary systems to ensure all refresh requirements are met

• Ensure all jurisdictional regulatory requirements related to KYC are adhered to

• Support business with KYC related queries and requests

• Participate in remediation, internal/external Audits (where applicable)

• Maintains accuracy of client portfolio using internal and external comparison tools

• Performs research and conducts moderately complex analyses using established techniques, including transactions that require special handling and exception handling

• Explores methods to enhance processes, further reduce risks, and boost client experience

• Creates reports and liaises with internal partners to ensure proper client reporting and assist with regulatory reporting

• Escalates potential risks and exposures to manager in a timely manner

• Assists with ad-hoc projects, new processes, or initiatives requiring coordination among subject matter experts representing multiple product areas or functions

Job Requirements:

• 2+ years of financial services experience

• Excellent verbal and written communications skills

• Documented experience performing in a process-oriented production environment that changes periodically

• Familiar with MS Office Suite(Excel/Word/Outlook/Access)

• Work in a team environment

• Organize work, prioritize tasks and handle multiple assignments simultaneously

• Successfully meet tight deadlines while ensuring data accuracy and integrity

• Work and execute with minimal supervision or remote management

Skills:

• Attention to Detail

• Critical Thinking

• Data Collection and Entry

• Recording/Organizing Information

• Research

• Fraud Management

• Interpret Relevant Laws, Rules, and Regulations

• Problem Solving

• Quality Assurance

• Risk Management

• Adaptability

• Customer and Client Focus

• Prioritization

• Result Orientation

• Written Communications

This job is responsible for analyzing the day-to-day issues, researching, and providing resolution for various issues identified within a business unit. Key responsibilities include building new procedures, completing complex non-routine analytics, creating reports, and reviewing exception testing and processing. Job expectations include supporting continuous improvement of processes by identifying trends and understanding the operations environment.

LOB Job Description:

Individual contributor role that demonstrates leadership qualities. Processes transactions in one or more of the company's internal operations to support domestic and international consumer, commercial and wholesale bank businesses or services functions. Responsibilities may include: basic level reporting, customer service support, reviewing and processing transactions for item processing, sorting using electronic or mechanical equipment, reconciling, statement rendering, MICR/image, float, lock box, remittance, ATM deposit, and performing other support operations functions as required. Maintains internal operational and financial controls and ensures they meet bank standards. Ensures quality service and effective and efficient operations support for the assigned area's internal business partners and/or external customers/clients. Performs all the functions required at the Sr. Ops Rep level and typically acts as a workflow coordinator and/or a subject matter expert. Able to prioritize and distribute daily work to meet deadlines and goals. Demonstrates a good working knowledge of the processes and procedures and the ability to identify and implement process improvement opportunities. May provide guidance and direction to less experienced team members.

Responsibilities:

• Leads implementation for products, services, and operational solutions
• Manages the design, documentation, implementation, and monitoring of new products and services
• Consults on procedural, technical, and operational changes
• Advances business products knowledge within operations environment
• Fosters relationships with partners and teammates
• Inspects data to identify issues and trends
• Presents reporting on key performance and implementation status

Required Qualifications:

• Ability to deconstruct complex issues and drive timely decisions, knowing when to engage others for additional input, and when to act independently
• Ability to connect the dots and make sense of information across multiple data points and upstream/downstream dependencies
• Strong partnership and relationship building skills needed to work with stakeholders across teams, build consensus and execute strategic objectives
• Ability to work in a fast-paced environment to drive quality goals while meeting aggressive delivery deadlines
• Proactive and “no surprises” approach in communicating
• Ability to learn and adapt to change; ability to think analytically and voice opinion as a subject matter expert
• Excellent interpersonal skills, positive attitude, team player, flexible
• Highly organized, adept at time management and problem solving.

Desired Qualifications:

• Knowledge of Treasury products, processes, and systems
• Workflow coordination experience
• Passion for robotics/automation technology and innovation
• Adapt quickly to change
• Strong process improvement background
• Experienced with working in high visibility and high pressure environments
• Detail oriented, self-starter and ability to work independently
• Excellent project management, oral and written communication skills
• Proficient with MS Office - Excel, PowerPoint and SharePoint

Skills:

• Attention to Detail
• Monitoring, Surveillance, and Testing
• Policies, Procedures, and Guidelines Management
• Regulatory Compliance
• Written Communications
• Adaptability
• Business Acumen
• Continuous Improvement
• Critical Thinking
• Process Mapping
• Change Management
• Consulting
• Data Management
• Reporting
• Research

RESPONSIBILITIES:

• Participate in research development and implementation of credit risk concentration models.

• Perform econometric analyses to support methodology development.

• Conduct on-demand analyses of model output and changes.

• Develop a practical understanding of credit risk trends (financial performance of counterparties), concentrations (industry country and single name) analyzing macroeconomic indicators, and ability to recommend key credit portfolio decisions to be shared at senior management level and Board level discussions.

• Collaborate with global teams to provide analytical support for leadership decision making.

• Perform financial modelling, analysis and data collection, as well as the interpretation of market and portfolio information, statistics, and pricing.

• Analyze and evaluate large and complex economic and financial datasets with analytical tools of Python, SQL and R.

• Use big data technologies of SQL to handle large volumes of data produced by complex financial forecasting models.

• Implement advanced high performance Python code for large-scale distributed computing environments in Apache Spark and Hadoop/HIVE to develop scalable, reusable analytical and quantitative models.

• Utilize current modeling and data science principals including time-series analysis and machine learning to develop loan loss modelling frameworks.

• Remote work may be permitted within a commutable distance from the worksite.

REQUIREMENTS:

• Master's degree or equivalent in Finance, Statistics, Mathematics, 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 of SQL to handle large volumes of data produced by complex financial forecasting models;

• Implementing advanced high-performance Python code for large-scale distributed computing environments in Apache Spark and Hadoop/HIVE to develop scalable, reusable analytical and quantitative models; and,

• Utilizing current modeling and data science principals including time-series analysis and machine learning to develop loan loss modelling frameworks.

If interested apply online at or email your resume to and reference the job title of the role and requisition number.

RESPONSIBILITIES:

• Develop, test, document, and maintain counterparty credit risk model, including risk factor simulation models, pricing models, aggregation models as well as back testing methodology.

• Support the counterparty credit risk platform, including investigation and resolution of model-related system issues and practical quantitative support to model users.

• Perform model enhancement, performance testing and documentation to remediate internal and external requirements.

• Identify common themes across global markets along with improvement initiatives.

• Communicate the results analysis to all model stakeholders including risk management, model development, model risk, senior management and our regulators.

• Support model development in confirming remediation of model issues prior to their being taken live.

• Drive incremental improvement to our model performance assessment tool set across all business areas.

• 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 large volumes of data produced by complex financial risk models.

• Analyze portfolio risk with derivative pricing and stochastic calculus in order to estimate losses of traded products within margined portfolios.

• Implement testing of financial models for use in model validation submissions.

• Remote work may be permitted within a commutable distance from the worksite.

REQUIREMENTS:

• Master's degree or equivalent in Finance, Statistics, Mathematics, Financial Mathematics, or related and

• 1 year of experience in the job offered or a related Quantitative occupation.

• Must include 1 year 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 large volumes of data produced by complex financial risk models;

• Analyzing portfolio risk with derivative pricing and stochastic calculus in order to estimate losses of traded products within margined portfolios; and,

• Implementing testing of financial models for use in model validation submissions.

If interested apply online at or email your resume to and reference the job title of the role and requisition number.

Job Description:

Job Description:
This job is responsible for the delivery of integrated credit solutions to clients as well as on-going portfolio management. Key responsibilities include underwriting and negotiating new transactions, partnering with client-facing teammates to consult on sales opportunities, and providing the product expertise to deliver effective client solutions. Job expectations include providing on-going monitoring of client portfolios, ensuring accurate and timely analysis of financial statements, assignment of risk ratings, and required client reviews.

Evaluate and underwrite vendor program credit opportunities, including the identification and assessment of all strengths, weaknesses and risks (including operational) as well as identifying and describing mitigating factors. This includes underwriting both vendors and potential end-users/borrowers, including the review and written analysis of all factors that affect an entity’s ability to repay and/or service their obligations in a timely manner. The complexity of the entities and related transactions requiring analysis can vary over a wide spectrum of industries.

The LCO II uses their skill set to assess the appropriateness of existing solutions and to propose optimal financing alternatives or additional financing solutions. They are involved in managing credit quality and the approval process through their interaction with Risk Management Officers, GVF Marketing Officers, Credit Products Managers, Leasing Administration and Legal.

Responsibilities:

• Evaluates new end-user credit opportunities including identification and assessment of risks and identifies mitigating factors
• Partners with client-facing teammates to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client
• Underwrites new transactions, analyzes credit risk, negotiates and closes deals, while adhering to internal policy, procedures and regulatory requirements
• Structures the terms of a lease/loan with respect to the various aspects that make up a lease/loan (e.g. pricing, rates, payment, term, collateral)
• Reviews and analyzes financial statements. Assigns and confirms the accuracy of risk ratings

Required Qualifications:

• 3+ years commercial credit underwriting and credit analysis experience
• Must have effective presentation, structuring, financial statement and risk analysis skills

Desired Qualifications:

• Vendor Leasing/Finance Experience

Skills:

• Financial Analysis
• Loan Structuring
• Research Analysis
• Risk Management
• Underwriting
• Account Management
• Credit Documentation Requirements
• Credit and Risk Assessment
• Decision Making
• Issue Management
• Analytical Thinking
• Collaboration
• Problem Solving
• Critical Thinking
• Customer and Client Focus
• Prioritization
• Ability to identify trends and emerging risks in underwriting and client selection
• Oral and written communication skills

This job is responsible for the delivery of integrated credit solutions to clients as well as on-going portfolio management. Key responsibilities include underwriting and negotiating new transactions, partnering with client-facing teammates to consult on sales opportunities, and providing the product expertise to deliver effective client solutions. Job expectations include providing on-going monitoring of client portfolios, ensuring accurate and timely analysis of financial statements, assignment of risk ratings, and required client reviews.

Responsibilities:

• Evaluates new end-user credit opportunities including identification and assessment of risks and identifies mitigating factors
• Partners with client-facing teammates to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client
• Underwrites new transactions, analyzes credit risk, negotiates and closes deals, while adhering to internal policy, procedures and regulatory requirements
• Structures the terms of a lease/loan with respect to the various aspects that make up a lease/loan (e.g. pricing, rates, payment, term, collateral)
• Manages the credit process for a portfolio of clients including reviewing financial statements, assessing the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted

Required Qualifications:

• min 5+ years’ experience in commercial banking, leasing, insurance, finance or rating agency industries with significant credit experience in Healthcare, Education & Not-For-Profit
• 2+ years’ experience with presentation, structuring and financial statement analysis
• Demonstrated ability to analyze, interpret and negotiate third party documentation
• Experience identifying trends and emerging risks in underwriting and client selection
• Proficient Microsoft Office skills

Desired Qualifications:

• Experience in the analysis and structuring of complex transactions
• Undergraduate degree in Finance or Accounting, MBA a plus

Skills:

• Financial Analysis
• Loan Structuring
• Research Analysis
• Risk Management
• Underwriting
• Account Management
• Credit Documentation Requirements
• Credit and Risk Assessment
• Decision Making
• Issue Management
• Analytical Thinking
• Coaching
• Collaboration
• Critical Thinking
• Customer and Client Focus