Bank Of America Quantitative Finance Analytics Manager 

United States, North Carolina, Charlotte 

882134400

Responsibilities:

• Leads a quantitative team with model coverage of specified focus areas and oversees stakeholder engagement, including team effort in preparation for audit and regulatory exams

• Sets priorities related to quantitative modeling 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

Additional Role Responsibilities:

• Analyze and attest to results and reasonableness; present results to business heads and other stakeholders, and answer questions for EST and regulators

• Work with development teams and validation teams to ensure that model development and validation requirements are met

• Work with GT&O to ensure a smooth coordination around model execution platforms

• Plan, coordinate, and implement medium-to-longer-term enhancements to forecast processes and methodologies; decide team priorities and work assignments in the face of tight schedules

• Develop and guide long-term visions to leverage GBAM Stress Testing’s Forecasting and Reporting platform

Skills:

• Business Acumen

• Critical Thinking

• Regulatory Relations

• Talent Development

• Technical Documentation

• Policies, Procedures, and Guidelines Management

• Project Management

• Risk Analytics

• Risk Management

• Stakeholder Management

RequiredQualifications:

• Master's degree or equivalent in Economics, Finance, or a related quantitative field, or related work experience

• 5 years of experience with technical or quantitative projects in the financial services industry

• Good coding skills, preferably in R

• Excellent communication skills and an ability to communicate statistical models to non-technical audiences

• Strong management skills and leadership qualities

DesiredQualifications:

• Experience developing or running statistical models in R, with a special focus on time series modeling to support running econometric models

• Performing CCAR Stress Testing and utilizing methodologies to project revenue and balance sheet through models/qualitative approaches

• Using strong analytical, critical thinking and problem solving skills to lead or facilitate discussions across various levels of stakeholders/support partners

1st shift (United States of America)