Corporate Audit Quantitative Finance Analyst - Military Veterans

at Bank of America

New York, New York

Job Description:

***Position can be filled as either a Senior Quantitative Financial Analyst(B4) or a Quantitative Financial Analyst(B5) pending candidates overall experiences and qualifications***

  • The Quantitative Financial Analyst will contribute to the Corporate Audit Model Risk team's enterprise-wide coverage of model risk management. Responsible for independently conducting quantitative analytics and modeling projects. Responsible for reviewing new models, analytic processes or systems approaches. Creates documentation for all activities and communicating audit results with senior model risk stakeholders within the company. Incumbents possess excellent quantitative/analytic skills and a broad knowledge of financial markets and products.
The candidate will assume the following responsibilities:
  • Read and understand financial regulatory guidance and technical publications.
  • Interview business partners in various lines of business and control functions to understand relevant aspects of model governance, development, validation, and use.
  • Apply this understanding to the auditing of model governance, model development, model validation, and model use. Produce written evaluations based on these audits.
  • Provide quantitative modeling consultation to other audit teams and engage with business partners in ensuring effective model risk management across the bank.
  • Document audit review and testing results and articulate findings to senior management.

Required Skills:
  • Master's or Ph.D. in a quantitative discipline such as mathematics, statistics, operations research, or economics.
  • Three plus years of relevant working experience in a quantitative capacity in the financial industry.
  • Sound organizational, analytical, quantitative, oral, and written communication skills.
  • Ability to work well with and communicate with others, from teammates to executives, and to present findings to upper level management and executives.
  • Ability to manage multiple work efforts and to quickly change direction as needed.
Desired Skills:
  • Quantitative financial experience
  • Expertise in one of R, SAS, C++, MatLab, Java
  • Experience with financial regulatory guidance, audit or compliance


Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
2000
--> Job Description:

***Position can be filled as either a Senior Quantitative Financial Analyst(B4) or a Quantitative Financial Analyst(B5) pending candidates overall experiences and qualifications***

  • The Quantitative Financial Analyst will contribute to the Corporate Audit Model Risk team's enterprise-wide coverage of model risk management. Responsible for independently conducting quantitative analytics and modeling projects. Responsible for reviewing new models, analytic processes or systems approaches. Creates documentation for all activities and communicating audit results with senior model risk stakeholders within the company. Incumbents possess excellent quantitative/analytic skills and a broad knowledge of financial markets and products.
The candidate will assume the following responsibilities:
  • Read and understand financial regulatory guidance and technical publications.
  • Interview business partners in various lines of business and control functions to understand relevant aspects of model governance, development, validation, and use.
  • Apply this understanding to the auditing of model governance, model development, model validation, and model use. Produce written evaluations based on these audits.
  • Provide quantitative modeling consultation to other audit teams and engage with business partners in ensuring effective model risk management across the bank.
  • Document audit review and testing results and articulate findings to senior management.

Required Skills:
  • Master's or Ph.D. in a quantitative discipline such as mathematics, statistics, operations research, or economics.
  • Three plus years of relevant working experience in a quantitative capacity in the financial industry.
  • Sound organizational, analytical, quantitative, oral, and written communication skills.
  • Ability to work well with and communicate with others, from teammates to executives, and to present findings to upper level management and executives.
  • Ability to manage multiple work efforts and to quickly change direction as needed.
Desired Skills:
  • Quantitative financial experience
  • Expertise in one of R, SAS, C++, MatLab, Java
  • Experience with financial regulatory guidance, audit or compliance


Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
2000
Job Description:

***Position can be filled as either a Senior Quantitative Financial Analyst(B4) or a Quantitative Financial Analyst(B5) pending candidates overall experiences and qualifications***

  • The Quantitative Financial Analyst will contribute to the Corporate Audit Model Risk team's enterprise-wide coverage of model risk management. Responsible for independently conducting quantitative analytics and modeling projects. Responsible for reviewing new models, analytic processes or systems approaches. Creates documentation for all activities and communicating audit results with senior model risk stakeholders within the company. Incumbents possess excellent quantitative/analytic skills and a broad knowledge of financial markets and products.
The candidate will assume the following responsibilities:
  • Read and understand financial regulatory guidance and technical publications.
  • Interview business partners in various lines of business and control functions to understand relevant aspects of model governance, development, validation, and use.
  • Apply this understanding to the auditing of model governance, model development, model validation, and model use. Produce written evaluations based on these audits.
  • Provide quantitative modeling consultation to other audit teams and engage with business partners in ensuring effective model risk management across the bank.
  • Document audit review and testing results and articulate findings to senior management.

Required Skills:
  • Master's or Ph.D. in a quantitative discipline such as mathematics, statistics, operations research, or economics.
  • Three plus years of relevant working experience in a quantitative capacity in the financial industry.
  • Sound organizational, analytical, quantitative, oral, and written communication skills.
  • Ability to work well with and communicate with others, from teammates to executives, and to present findings to upper level management and executives.
  • Ability to manage multiple work efforts and to quickly change direction as needed.
Desired Skills:
  • Quantitative financial experience
  • Expertise in one of R, SAS, C++, MatLab, Java
  • Experience with financial regulatory guidance, audit or compliance


Shift:
1st shift (United States of America)

Hours Per Week:
40
Learn more about this role

New York, New York

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Bank of America

You’ve led troops, now help lead your community 

As a leader in the military, you motivated troops to get the job done. We value your ability to influence change and encourage you to continue that influence here and in our communities. Our Military Affairs Team proudly supports veterans in our communities through education and volunteer events. Together, we can create better communities and a brighter future for us all. 

First you fought for the American dream, now you can guide its future

You joined the military to protect a nation and its people. Let the same passion for making a difference lead you to a new career. At Bank of America, we’re proud that more than 6,800 veterans work for us. They’ve discovered that their desire to help others didn’t end with their service. Here, you’ll help our customers and clients connect to better financial lives.

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