דרושים Client Quantitative Analyst ב-Bank Of America ב-United States, Plano

This job is responsible for supporting analytical work efforts for various projects within a Line of Business or business discipline. Key responsibilities include leveraging databases to acquire client and performance data, transforming extracted data into meaningful insights and trends, and delivering those insights to leaders to make complex business decisions. Job expectations include working with business partners to understand, coordinate, and deliver agreed upon priorities while communicating complex data outputs and delivering the appropriate summary and data required.

Responsibilities:

• Supports the extraction of data using a variety of a programming languages, such as SQL, SAS, Python, or Spark/Scala, and applies knowledge of relational and non-relational database systems housed on both on-premise and off-premise (hybrid) platforms
• Connects provisioned data across multiple sources and performs necessary transformations utilizing both technical, business, and process knowledge to transform data into meaningful values and insights
• Performs quantitative techniques and analysis on customer, transaction, and performance data with the guidance from other analysts and supervisors, based on questions provided by business partners, and provides actionable insights for business partners to make informed decisions.
• Follows requirements developed by other analysts and supervisors to perform required research, analytics, and exploration on appropriate and accurate data sources to provide appropriate deliverables
• Communicates complex subjects in a simple and engaging manner to non-technical and technical business partners using software such as Power Point, Word, Excel, and Tableau
• Assists with conducting quality comparison checks on analysis output and escalates data inconsistencies, gaps, or issues to leadership
• Follows quality workflow process and documentation requirements to adhere to standards and provide business continuity

• Must have 4+ years of Tableau report development
• Must have 4+ years of SQL coding/reporting
• Excellent analytical and verbal/written communication skills
• Strong presentational skills and ability to communicate complex ideas and theories
• Ability to multi-task, prioritize and manage time to strict deadlines (i.e. can demonstrate effective time and workflow management skills)
• Works collaboratively in a cross-functional team, learns from colleagues, and provides routine updates on calls related to projects.
• Strong attention to detail, problem solving, strategic thinking, and analytical skills.Desired Qualifications:

• Deep understanding on automation; Autosys, Alteryx, etc.
• Strong problem solving, conceptual thinking, attention to detail, and sense of urgency.
• Ability to manage through ambiguity and agile to process change.
• Self-starting, organized, proactive, and requiring minimal management oversight.
• Time management, analytical and organizational skills.
• Working knowledge of software version control systems such as BIT/GIT Bucket

Skills:

• Business Analytics
• Data Mining
• Data and Trend Analysis
• Analytical Thinking
• Business Intelligence
• Data Quality Management
• Data Visualization
• Application Development
• Business Acumen
• Continuous Improvement
• Innovative Thinking
• Quality Assurance

This job is responsible for conducting quantitative analytics and complex modeling projects for specific business units or risk types. Key responsibilities include leading the development of new models, analytic processes, or system approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations may include the ability to influence strategic direction, as well as develop tactical plans.

Responsibilities:

• Performs end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers
• Leads the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization
• Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation
• Maintains and provides oversight of model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite
• Leads and provides methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk
• Works closely with model stakeholders and senior management with regard to communication of submission and validation outcomes
• Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches

Skills:

• Critical Thinking
• Quantitative Development
• Risk Analytics
• Risk Modeling
• Technical Documentation
• Adaptability
• Collaboration
• Problem Solving
• Risk Management
• Test Engineering
• Data Modeling
• Data and Trend Analysis
• Process Performance Measurement
• Research
• Written Communications

Master’s degree in related field or equivalent work experience

The role within the Model and Testing Standards Oversight (MTSO) team will support the development and oversight of processes, standards, and controls across the model lifecycle in which Global Risk Analytics (GRA) / Enterprise Independent Testing (EIT) models are executed. The team collaborates with different GRA model development groups to evolve best practices and with Model Risk Management to adapt to changes in Enterprise and Regulatory requirements and expectations.

• Development and oversight of model management processes and standards, including model development, performance monitoring, implementation, and usage.
• Perform critical analysis and assess feedback from model development groups on processes, controls, and metrics design/optimization across model lifecycle.
• Assess impact from changes to Enterprise and Regulatory requirements, lead implementation of changes to processes and provide ad-hoc consultancy and resolution of process enquiries.
• Support the development of corresponding workflow infrastructure / technology for model related processes.
• Project manage change initiatives, defining discrete actions, timelines, and tracking to completion.
• Enhancing ongoing monitoring and related risk management capabilities.
• Support model-related regulatory engagements and the compilation of regulatory materials.
• Participate in Quality Control routines across model lifecycle, analyze results and provide feedback, formulate actions and identify process improvements.
• Provide support on an ad-hoc basis to other non-model related horizontal MTSO team initiatives.

• Minimum 4 years’ experience in the financial services industry.
• Strong knowledge / experience in model risk management practices / related regulatory requirements.
• Degree in a relevant quantitative discipline.
• Good analytical and quantitative capabilities.
• Highly organized and able to execute multiple priorities.
• Strong oral and written communication skills.
• Ability to develop strong working relationships with teammates as well as senior management.

Overview of Global Risk Analytics and Enterprise Independent Testing

Global Risk Analytics (GRA) is a sub-line of business within Global Risk Management (GRM). GRA is responsible for developing a consistent and coherent set of models and analytical tools for effective Risk and Capital measurement, management and reporting across Bank of America. In addition to model development, GRA conducts model implementation, data management, model execution and analysis, forecast administration, and model performance monitoring. The team drives innovation, process improvement and automation across all of these activities.

Overview of Model and Testing Standards and Oversight

The Model and Testing Standards and Oversight (MTSO) team provides standards and oversight for Global Risk Analytics (GRA) and Enterprise Independent Testing (EIT) that ensure GRA and EIT operate effectively and efficiently, and output is delivered to a high standard and within a robust governance framework.

Enterprise Overview:

Responsible for the day-to-day analysis, research and resolution of varied problems. Functions include administering defined procedures, analysis and report generation, and exception processing. Coordinates the implementation of products/services and operational solutions. May assist in designing, documenting, implementing, and monitoring of new products/services. Provides guidance to associates within own unit regarding procedural, technical and/or operational changes. Incumbents have full working knowledge of operations environment acquired through experience in an operations environment and on the job training.

Responsibilities:

• Assists with coordination of implementation for products, services, and operational solutions

• Supports the design, documentation, implementation, and monitoring of new products and services

• Provides guidance regarding procedural, technical, and operational changes

• Expands business products knowledge within operations environment

• Builds network by developing relationships with partners and teammates

• Inspects data to identify issues and trends

• Collects and interprets data to validate operational processes

• Account Receivable and Inventory analysis supporting Asset Based Lending loan portfolios

• Determine eligible client collateral in accordance with Credit Agreement

• Review and understand client trends in relation to Accounts Receivable, Accounts Payable and Inventory collateral levels

• Identify and escalate potential risk items in client loan support documentation

• Effectively communicate analysis to business partners & clients

• Extracting / formatting / uploading client report data for multiple lending lines of business Review client file submissions for completeness and assess file format for predetermined requirements

• Coordinate the receipt of missing/incomplete documentation with our internal Servicing partners

• Collaborate with internal Servicing Partners to insure correct data extraction

• Create and update formulas within data extraction tool used to upload client files to analytical application

• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions

• Excels in working among diverse viewpoints to determine the best path forward

• Commitment to challenging the status quo and promoting positive change

• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base

Skills:

• Attention to Detail

• Customer and Client Focus

• Monitoring, Surveillance, and Testing

• Process Performance Management

• Research

• Adaptability

• Business Analytics

• Critical Thinking

• Reporting

• Written Communications

• Data Management

• Policies, Procedures, and Guidelines Management

• Process Design

• Process Effectiveness

• Strategic Thinking

Required Qualifications:

• Minimum 1 year of relevant work experience

• Ability to manage multiple and sometimes competing priorities

• Work independently

• Takes ownership

• Analyze issues and drive problem resolution

• Good written and verbal communication skills

• Willing to learn and adapt to change

• Working knowledge of Windows and Microsoft Office

• Proficient in Excel and understanding of Excel formulas

Desired Qualifications:

• Experience with General Ledger or Accounting practices

• Financial analytics

• Reconciling data sets

• Data Mining – Identifying key data points, isolating for further analysis

• Knowledge of Monarch Pro and Microstrategy reporting

• Efficient prioritization of client processing requests – Multi-tasking; prioritizing

• Communication Skills: Clear and concise emails; able to provide clear explanation of issues to Business partners and Leadership

• Confident relaying findings and reporting to Senior leaders and Business relationship partners

• Troubleshooting – Ability to evaluate issues and escalate if needed with potential resolutions

• Knowledge of Asset Based Lending and Borrowing Base structure

• Experience in connecting with a diverse set of clients to understand future business needs –is a continuous learner

This job is responsible for supporting analytical work efforts for various projects within a Line of Business or business discipline. Key responsibilities include leveraging databases to acquire client and performance data, transforming extracted data into meaningful insights and trends, and delivering those insights to leaders to make complex business decisions. Job expectations include working with business partners to understand, coordinate, and deliver agreed upon priorities while communicating complex data outputs and delivering the appropriate summary and data required.

Responsibilities:

• Supports the extraction of data using a variety of a programming languages, such as SQL, SAS, Python, or Spark/Scala, and applies knowledge of relational and non-relational database systems housed on both on-premise and off-premise (hybrid) platforms
• Connects provisioned data across multiple sources and performs necessary transformations utilizing both technical, business, and process knowledge to transform data into meaningful values and insights
• Performs quantitative techniques and analysis on customer, transaction, and performance data with the guidance from other analysts and supervisors, based on questions provided by business partners, and provides actionable insights for business partners to make informed decisions.
• Follows requirements developed by other analysts and supervisors to perform required research, analytics, and exploration on appropriate and accurate data sources to provide appropriate deliverables
• Communicates complex subjects in a simple and engaging manner to non-technical and technical business partners using software such as Power Point, Word, Excel, and Tableau
• Assists with conducting quality comparison checks on analysis output and escalates data inconsistencies, gaps, or issues to leadership
• Follows quality workflow process and documentation requirements to adhere to standards and provide business continuity

• Must have 4+ years of Tableau report development
• Must have 4+ years of SQL coding/reporting
• Excellent analytical and verbal/written communication skills
• Strong presentational skills and ability to communicate complex ideas and theories
• Ability to multi-task, prioritize and manage time to strict deadlines (i.e. can demonstrate effective time and workflow management skills)
• Works collaboratively in a cross-functional team, learns from colleagues, and provides routine updates on calls related to projects.
• Strong attention to detail, problem solving, strategic thinking, and analytical skills.Desired Skills:

• Deep understanding on automation; Autosys, Alteryx, etc.
• Strong problem solving, conceptual thinking, attention to detail, and sense of urgency.
• Ability to manage through ambiguity and agile to process change.
• Self-starting, organized, proactive, and requiring minimal management oversight.
• Time management, analytical and organizational skills.
• Working knowledge of software version control systems such as BIT/GIT Bucket

Skills:

• Business Analytics
• Data Mining
• Data and Trend Analysis
• Analytical Thinking
• Business Intelligence
• Data Quality Management
• Data Visualization
• Application Development
• Business Acumen
• Continuous Improvement
• Innovative Thinking
• Quality Assurance

Job Description:

Job Description:

Responsible for capturing and refining business and/or system requirements (based on specialization). Works with stakeholders to understand their needs, analyze problems, and capture their requirements, and then working closely with the Development Team to refine the requirement into specifications that can be executed by the team. Possess a working knowledge of the business and/or technical domain based on their specialization. Leverages experience and understanding of stakeholder needs to help create a solution, envisions the solution to solve a problem (manual or through software). Performs Cost/Benefit Analysis to align the technology to business strategy. Gathers & catalogs functional, non-functional, and technical requirements for stakeholder requests. Determines the impact of modifications and enhancements on the application. Acts as the product(s) subject matter expert to support scope and requirement decisions. Ensures changes to the application are compliant with bank standards and policies. Assists users and development team with application testing and troubleshooting, and may help configure test solutions to validate functional and system needs. Identifies, document and troubleshoot application related problems. Documents process, procedures and workflows associated with applications. Leads or participate in continuous improvement efforts; Building expertise in creating, analyzing, and improving processes. Creates, maintains and presents training materials for end-users. Individual contributor.

Job Description:

Job Description:
Responsible for developing quantitative/analytic models and applications in support of the firm's risk management effort. This role focuses on the development of operations/data management policies, strategies and operational guidelines for the organization's various financial products as they relate to the analysis, tracking, and reporting of various risk metrics. This role often possesses an advanced degree in physics, applied mathematics, statistics/probability or another heavy quantitative discipline. Quantitative analytic staff is focused on and responsible for the development of the theory and mathematics behind various models. Individual Contributor and reports to Quant

Operations Manager

Responsibilities:

• Model and solve operational problems using IE-OR techniques such as mathematical programming, forecasting and discrete event simulation.
• Work with multi-disciplined teams to develop and implement mathematical models of complex real-world problems.
• Identify new areas and potential applications of IE-OR that will help enable Global Operations to streamline operations and optimize customer experience.
• Automate mundane tasks using tools like Visual Basic For Applications (VBA) or Python
• Analyze current system behavior to improve performance, robustness and cost of services and recommend solutions or findings to executive management.
• Analyze and synthesize data for ad hoc studies and model inputs.

Required Skills:

• Master’s degree in industrial engineering or Operations Research or related discipline.
• 1 + years’ experience in developing and implementing Discrete Event Simulation Models using Arena and Optimization models using Excel Solver/Gurobi
• Experience in querying databases using SQL.
• Proficient with advanced MS-Excel and Visual Basic for Applications (VBA).
• Experience in assembling compelling presentations using MS-PowerPoint
• Strong aptitude for problem solving and collaboration.
• Intellectual curiosity and an intrinsic drive to apply quantitative skills to solve real world business questions.
• Excellent verbal and written communication skills.

Desired Skills:

• Prior experience with capacity or resource optimization models
• Prior Banking industry analytics and modeling experience, specifically with developing capacity or resource optimization models that adhere to standards set by a risk management governing body.
• Demonstrated record of tolerance for ambiguity and coping with complexity and change

• Skills:

• Analytical Thinking
• Business Intelligence
• Data Modeling
• Data Visualization
• Data and Trend Analysis
• Attention to Detail
• Collaboration
• Data Management
• Data Mining
• Presentation Skills
• Consulting
• Problem Solving
• Risk Management
• Stakeholder Management
• Technical Documentation

Job Description:

Provides standard processing and procedure support for several product areas, funds transfer, client onboarding, and reconciliation. Incumbents for this position are responsible for processing transactions at the request of the business to fund clients or clear exception items. Requires general knowledge of Manual wire and General Ledger transactions.