Bank of America Hiring for Assistant Vice President; Quantitative Finance Analyst at San Francisco, California Full Time

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:

• Work with the Loss Forecasting team, identifying ways to improve dashboarding capabilities and save time throughout the loss forecasting process.

• Support automation and process improvement activities that support broader GRA Operational Excellence goals.

• Maintain related infrastructure and processes that enable forecasts and analytics together with Operations team.

• Provide support to the Bank’s stress testing, financial planning, and risk management activities.

• Identify needs and requirements from the Consumer Loss Forecasting team to improve the group’s ability to generate insights and understand portfolio risk and forecast reasonability in an efficient manner.

• Document and communicate quantitative methods and operational processes as part of an ongoing engagement with key stakeholders.

• Identify and organize strategic change efforts across the forecasting team, including new dashboard deployment and analytical capability development across various use cases.

• Use Tableau to develop drill-down dashboard capabilities and summarize risk management trends for Executive stakeholders.

• Leverage enablement tools such as Alteryx to drive process efficiencies through automation.

• Analyze large, complex financial dataset with programming tools such as SQL, SAS, Python and R.

• Use CCAR/DFAST process to support stress testing requirements.

• Develop and analyze consumer behavior / risk management / loss forecasting trends for use in Executive Reporting.

• Assess process improvement status updates and overviews to loss forecasting stakeholders as a means to drive visibility into department-wide automation opportunities.

REQUIREMENTS:

• Master’s degree or equivalent in Mathematics, Statistics, Analytics, Finance, or related; and

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

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

• Using Tableau to develop drill-down dashboard capabilities and summarize risk management trends for Executive stakeholders;

• Leveraging enablement tools such as Alteryx to drive process efficiencies through automation;

• Analyzing large, complex financial dataset with programming tools such as SQL, SAS, Python and R;

• Using CCAR/DFAST process to support stress testing requirements;

• Developing and analyzing consumer behavior / risk management / loss forecasting trends for use in Executive Reporting; and,

• Assessing process improvement status updates and overviews to loss forecasting stakeholders as a means to drive visibility into department-wide automation opportunities.

• The employer will accept pre- or post- Master’s degree experience.

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