Sr. Quantitative Financial Analyst

Bank of America • Jersey City, NJ

112d • $125,000 - $210,000

About The Position

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Team Overview: Enterprise Independent Testing (EIT) and Global Risk Analytics (GRA) and are sub-lines of business within Global Risk Management (GRM). Collectively, they are responsible for developing a consistent and coherent set of models, analytical tools, and tests for effective risk and capital measurement, management and reporting across Bank of America. GRA and EIT partner with the Lines of Business and Enterprise functions to ensure the capabilities it builds address both internal and regulatory requirements, and are responsive to the changing nature of portfolios, economic conditions, and emerging risks. In executing its activities, GRA and EIT drive innovation, process improvement and automation. The GRA team provides quantitative capabilities supporting global risk management and capital management and develops a consistent set of risk and capital models and analytical tools that support decision making across the bank.

Requirements

• 7+ years of experience in the Financial Service Industry preferred.
• Strong analytical, planning, problem-solving, management and organizational skills.
• Experience with project management tools such as JIRA.
• Excellent verbal and written communications skills.
• Strong interpersonal & communication skills with ability and desire to build networks and work across multiple functions.
• Ability to work independently, draw meaningful conclusions and develop recommendations.
• Detail oriented and proactive in every approach.
• Comfortable working in a very fast-paced environment with changing priorities.
• Demonstrated ability to drive action, sustain momentum and deliver under deadlines.
• Ability to understand impact of change across a spectrum of inter-related initiatives.
• Advanced proficiency with Microsoft suite.
• Experience with software migration and disaster recovery planning.

Nice To Haves

• Bachelor's or Master's degree in a discipline such as Finance, Computer Science, or Engineering.

Responsibilities

• Developing enterprise and/or line of business-wide strategies and executing high impact business initiatives.
• Delivering business outcomes from portfolio investments.
• Managing risk effectively and prioritizing competing deliverables.
• Leveraging extensive business acumen and effective communication skills.
• Influencing change, driving consensus, and enabling horizontal decisions.
• Ensuring alignment of change initiatives with the business strategic objectives and goals.
• Driving out re-engineering of business processes.
• Collaborating with key stakeholders at all levels of the organization to gain buy-in and support change initiatives.
• Identifying potential risks and barriers to change and developing mitigation plans to ensure successful outcomes.
• Communicating effectively with all levels of the business to promote understanding of business performance and gain support for change initiatives.
• Continuously evaluating performance and recommending change initiatives to drive efficiency and effectiveness of processes.
• Acting as a subject matter expert on programs, principles, and best practices to provide guidance and support to affect change in the organization.

Benefits

• Industry-leading benefits.
• Access to paid time off.
• Resources and support to employees.
• Discretionary incentive eligible.
• Annual discretionary award based on individual performance results and behaviors.

What This Job Offers

• Job Type: Full-time
• Education Level: Bachelor's degree