What are the responsibilities and job description for the Vice President; Quantitative Finance Analyst position at Bank of America?
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:
Independently code for analytics and complex modeling projects.
Work on Python implementation of new models, analytic processes, or system approaches.
Develop and implement statistical models, machine learning algorithms, and analytical libraries and tools.
Participate in building out strategic model development infrastructure using Python and PySpark.
Create documentation for all activities and work with technology staff in design of systems to run models.
Influence strategic direction and software design while developing tactical plans.
Work closely with modelers and other business partners to design, implement, and validate models under tight deadlines.
Help increase the efficiency of the system design, making systems scalable.
Develop and debug integration tests, unit tests, and regression tests for new IRS model launches.
Identify root cause for swaption time value mismatches by debugging serialized files and by checking patterns on numbers.
Interpolate curves in VBA, analyze margin behavior, and debug optimizing code for Swaption liquidity model in Matlab.
Run Futures and Option models, from curve generation, scenario generation, greeks, PV, and PnL to margin.
Remote work may be permitted within a commutable distance from the worksite.
REQUIREMENTS:
Master's degree or equivalent in Finance, Mathematics, Statistics, Financial Mathematics, 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:
Developing and debugging integration tests, unit tests, and regression tests for new IRS model launches;
Identifying root cause for swaption time value mismatch by debugging serialized file and by checking patterns on numbers;
Interpolating curves in VBA, analyzing margin behavior, debugging optimizing code for Swaption liquidity model in Matlab; and,
Running Futures and Option models, from curve generation, scenario generation, greeks, PV, and PnL to margin.
If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com 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
