Bank Of America Assistant Vice President Quantitative Finance Analyst 

United States, North Carolina, Charlotte 

149174480

Responsibilities

• Develop complex statistical models in support of risk management and analytics within Wholesale portfolio.

• Analyze portfolio trends concerning credit score cut-offs, loss trends, portfolio dynamics, and bureau scoring criteria.

• Conduct model performance testing, monitoring and data quality assessment.

• Communicate analytical and research results as part of ongoing engagement with key stakeholders, including the lines of business, risk managers, model validation, and technology, including through performance reports.

• Develop models that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposures.

• Review and analyze trends in current population distributions and recommending strategies.

• Develop regression and simulation wholesale credit risk models which support risk rating process, portfolio management, regulatory capital using SAS and Python.

• Perform data quality check and importing data onto Hadoop database by running SQL queries.

• Produce model technical documentation as well as model ongoing monitoring reports using LaTex.

• Utilize SAS and Python to execute ongoing model monitoring for wholesale capital and scorecard models.

• Analyze credit performance and financial statement data identifying relevant risk drivers and portfolio trends.

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

Required Skills & Experience

• Master's degree or equivalent in Quantitative Finance & Risk Management, Mathematics, Statistics, or related; and

• 2 years of experience in the job offered or a related quantitative occupation.

• Must include 2 year of experience in each of the following:

• Developing regression and simulation wholesale credit risk models which support risk rating process, portfolio management, regulatory capital using SAS and Python;

• Performing data quality check and importing data onto Hadoop database by running SQL queries;

• Producing model technical documentation as well as model ongoing monitoring reports using LaTex;

• Utilizing SAS and Python to execute ongoing model monitoring for wholesale capital and scorecard models; and,

• Analyzing credit performance and financial statement data identifying relevant risk drivers and portfolio trends.

If interested apply online ator email your resume toand reference the job title of the role and requisition number.

1st shift (United States of America)