Vice President; Quantitative Finance Analyst

　　Jersey City, New Jersey

　　Job Description:

　　At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

　　One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

　　Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

　　Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

　　RESPONSIBILITIES:

　　Run and customize models, quantitative analytic processes or systems approaches.

　　Monitor, report and improve existing models performance.

　　Perform modelling implementation including 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 work with Technology staff to design systems for running the models developed.

　　Conduct quantitative analytics and modeling projects.

　　Develop new models, analytic processes or systems approaches.

　　Analyze and assess large, complex financial dataset with analytical tools such as Python, SQL and R.

　　Perform data preprocessing steps such as data cleaning, editing and reduction for the model input to a scenario generation system to meet various internal and regulatory requirements.

　　Conduct timeseries modeling to facilitate research on term-structure models beyond short-rate ones.

　　Assess object-oriented programming using Python for methodology implementation and various adhoc exploratory works including curve fitting, statistical modeling, and Monte-Carlo simulation.

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

　　REQUIREMENTS:

　　Master's degree or equivalent in Finance, Mathematics, Mathematical Finance, Statistics or related; and

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

　　Must include 3 years of experience in each of the following:

　　Analyzing and assessing large, complex financial dataset with analytical tools such as Python, SQL and R;

　　Performing data preprocessing steps such as data cleaning, editing and reduction for the model input to a scenario generation system to meet various internal and regulatory requirements;

　　Conducting time-series modeling to facilitate research on term-structure models beyond short-rate ones; and,

　　Assessing object-oriented programming using Python for methodology implementation and various ad-hoc exploratory works including curve fitting, statistical modeling, and Monte-Carlo simulation.

　　If interested apply online at www.bankofamerica.com/careers or email your resume to [email protected] and reference the job title of the role and requisition number.

　　EMPLOYER: Bank of America N.A.

　　Shift:

　　1st shift (United States of America)

　　Hours Per Week:

　　40

　　Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

　　To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

　　To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

　　Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

　　To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .