Expoint - all jobs in one place

מציאת משרת הייטק בחברות הטובות ביותר מעולם לא הייתה קלה יותר

Limitless High-tech career opportunities - Expoint

Bank Of America Risk Analysis Specialist 
United States, Illinois, Chicago 
403540922

06.09.2024

Overview of Global Risk Analytics



Global Markets Risk Analytics (GMRA) is part of Global Risk Analytics (GRA). It responsible for developing, maintaining, and monitoring counterparty credit risk and market risk models. GMRA also develops analytical tools to support regulatory, audit, and internal risk management needs for Global Markets. The role sits within the Prime Clearing Analytics and Data Services (PCADS) - Data Controls & Integrity (DCI) team, and is responsible for ensuring adequate controls and processes exist to validate the firm’s traded products activity for the purposes of Credit and Capital calculations. The team is also heavily involved in process re-engineering, automation, and the development of our target state risk repository.


Overview of the Role


We are seeking an experienced Python Software Developer with basic understanding of systems in counterparty credit risk management within major banking institutions. The ideal candidate will play an important role within our compact development team and must possess extensive experience in enterprise software development. The individual will be responsible for contributing to the PCADS projects across all phases of the Software Development Life Cycle (SDLC), including analysis, design, development, unit testing, QA, UAT, and tier-2 production support.

  • Design, development, and implementation of automated data integrity controls
  • Writing reusable, testable, and efficient Python code.
  • Work closely with lead developers to implement Python application architectures and designs.
  • Maintain existing applications to support operations.
  • Produce documents including design documents, and class diagrams.
  • Perform testing with technical peers and functional end users to ensure successful launch of development projects.
  • Support ad-hoc operational queries for DCI.
  • Promote quality engineering and good coding practices across the company.


Required Education, Skills, and Experience

• BS in Computer Science, Financial Engineering, or a STEM field

• The candidate should possess a robust background in Python and Object Oriented Programming

• 2-5 years’ experience in the financial services industry (Large banks, brokers-dealers, hedge funds, or financial/data intermediary)

• Basic proficiency in MS Office suite is critical
• Excellent verbal and written communication skills
• Candidate must be able to manage time sensitive issues, prioritize multiple processes and projects, and articulate thought process for decision-making
• Experience with Data Incident Tracking tools such as JIRA/eDIM

• The candidate must possess a personality that enables cooperative work with others

Desired Skills and Experience


• Proven programming skills (Python, Tableau, SQL, and object-oriented programming)
• Prior experience working in Quartz development in Bank of America in a developer role is a plus

• Basic understanding of traded products in global markets, counterparty credit risk, collateral, netting, and exposures is beneficial


Responsible for performing more complex analysis and is engaged in the development of modeling that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposures. Provides analytical support on various product strategies to ensure company goals are met. Coordinates the production of performance reports senior management. Reviews and analyzes trends in current population distributions and recommends strategies. May participate in or develop more complex program models to extract data and use databases to provide statistical and financial modeling. Analyzes portfolio trends, concerning credit score cutoffs, loss trends, 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. Programming experience and relevant degree or large data experience required.

Skills:

  • Attention to Detail
  • Business Intelligence
  • Data and Trend Analysis
  • Risk Analytics
  • Risk Management
  • Adaptability
  • Collaboration
  • Continuous Improvement
  • Data Visualization
  • Project Management
  • Business Acumen
  • Issue Management
  • Regulatory Relations
  • Stakeholder Management
  • Technical Documentation
1st shift (United States of America)