Quantitative Finance Analyst

Company: Bank of America
Location: Jersey City
Posted on: April 2, 2021

Job Description:

Job Description:Overview of the Role
As a Quantitative Finance Analyst on the Enterprise Risk Analytics team, your main responsibilities will involve:
-----Running and customizing models, quantitative analytic processes or systems approaches
-----Monitoring, reporting and improving existing models performance
-----Model implementation include coding, QA and back testing.
-----Cooperate with the team on scenario generation processes by following rigorous operational procedures, checking and quality control of the generated results
-----Create documentation for all activities and works with Technology staff in design of any system to run models developed
Position Overview
Responsible for independently conducting quantitative analytics and modeling projects. Responsible for developing new models, analytic processes or systems approaches. Creates documentation for all activities and works with Technology staff in design of any system to run models developed. Incumbents possess excellent quantitative/analytic skills and a broad knowledge of financial markets and products.Required Education, Skills, and Experience
--- Strong quantitative background with at least Masters in Statistics, Mathematics, Engineering or a related field
--- Strong programming skills in languages such as SAS, R, Python, SQL, Matlab
--- Proven knowledge of advanced statistics including predictive modeling, statistical sampling, and optimization.
--- Ability to multitask and work under pressure to meet timelines
--- Strong technical writing, communication, and presentation skills
--- Excellent quantitative/analytic skills and a broad knowledge of financial markets and products
--- Strong analytical skills with statistical and econometric background
--- Ability to run models, review results, diagnose problems, and communicate with other team membersDesired Skills and Experience
&--- 1-3+ years of experience working in model development, data analytics, or quantitative research
--- Ability to effectively communicate quantitative topics with non-technical audiences
--- Sense of focus and rigor in the completion of deliverables
--- Broad financial product knowledgeShift:1st shift (United States of America)Hours Per Week:--40 Posted 2 Days Ago Full time 20046452 About Us At Bank of America , we're creating real, meaningful relationships with individuals, businesses and communities to help them focus on what matters most. We serve approximately 66 million consumer and small business clients , using our skills and expertise to help make their lives better. We are committed to attracting and retaining top talent around the world to ensure we continue to deliver together for our customers, clients and communities. Along with taking care of our customers, we want to be a great place for people to work, and we strive to create an environment where all employees have the opportunity to achieve their goals. Partnering Locally
Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact
Learn about the six areas that guide Bank of America's efforts to help make financial lives better for customers, clients, communities and our teammates. Diversity and Inclusion
Each employee brings unique skills, background and opinions. We see diversity and inclusion as our platform for innovation and a key component in our success. Our Values
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Keywords: Bank of America, Jersey City , Quantitative Finance Analyst, Accounting, Auditing , Jersey City, New Jersey