Quantitative Operations Associate

Bank of AmericaTampa, FL
$84,600 - $130,800Onsite

About The Position

The Global Operations Resource Analytics team is seeking a quantitative professional to develop and implement models for volume forecasting, capacity planning, workforce scheduling, scenario analysis, and operational performance reporting. This role applies advanced analytical methods to real-world business challenges and translates findings into practical, data-driven recommendations.

Requirements

  • Master’s degree in industrial engineering, operations research, or a related STEM field.
  • Proficiency with Microsoft Excel, PowerPoint, and VBA.
  • Experience querying databases using SQL.
  • Experience developing and implementing discrete-event simulation and optimization models.
  • Experience using GitHub Copilot to accelerate model development and formulate heuristics.
  • Strong problem-solving and collaboration skills.
  • Demonstrated ability to apply quantitative methods to business problems.
  • Ability to work effectively through ambiguity, complexity, and change.
  • Excellent written and verbal communication skills.

Nice To Haves

  • Experience in capacity planning, financial planning, or quantitative modeling.
  • Proficiency with Arena or comparable discrete-event simulation software.
  • Proficiency with Gurobi or comparable optimization software.
  • Experience with Python, SAS, SQL, and data mining.
  • Banking analytics and modeling experience, particularly in volume forecasting and capacity or resource optimization.
  • Experience developing models under model risk management standards and governance requirements.
  • Knowledge of linear regression, time-series analysis, and other statistical modeling techniques.

Responsibilities

  • Develops and maintains models for the line of business, including volume forecasts, capacity plans, and vendor models
  • Drives horizontal consistency in model development and usage across peer groups
  • Conducts routine model production and performance presentations with executive leadership
  • Ensures adherence to Model Risk Management (MRM) requirements
  • Supports ongoing model monitoring to improve forecasting performance and efficiency

Benefits

  • Access to paid time off
  • Resources and support to our employees
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