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Job Description:
The Quantitative Finance (QF) seeks a Business Support Manager. QF uses quantitative techniques extensively, and is staffed by mathematicians, statisticians, and programmers that apply quantitative methods to risk management of Bank of America’s investment portfolio. QF also leads the governance of models ranging from simple to complex across Treasury functions developing standards, procedures, and policies to ensure consistency in the software development life cycle including model development, implementation, execution, and performance monitoring.
The Quantitative Finance (QF) seeks a Business Support Manager. QF uses quantitative techniques extensively, and is staffed by mathematicians, statisticians, and programmers that apply quantitative methods to risk management of Bank of America’s investment portfolio. QF also leads the governance of models ranging from simple to complex across Treasury functions developing standards, procedures, and policies to ensure consistency in the software development life cycle including model development, implementation, execution, and performance monitoring.
This role will drive a wide variety of QF initiatives, and work with business partners across Treasury, Technology, Finance, Compliance, and Risk. The position works across the various functions within Treasury, and globally across all regions. The candidate will collaborate with model developers, model owners, and LOB users on model processes.
Responsibilities include but are not limited to:
Design processes and develop procedures to comply with internal policies and requirements, and lead continuous process and control improvements
Build partnerships across Treasury to promote Quantitative Development and Analytics Best Practices
Liaison between business units across Treasury and internal quantitative functions
Coordinate ad hoc projects and initiatives
Facilitate program requirements of Model Risk Management compliance across Treasury and CFO
Regulatory and control partner (audit, risk, compliance) engagement
Project management
Designing and executing routines around committee/meeting management
Identifying procedural inefficiencies for areas of improvement
Working closely with the Treasury Senior Leadership Team to deliver specific requests from the Treasurer
Required Skills and Experience:
10+ years professional experience in banking
College degree in Math, Economics, Statistics, Engineering, Finance or Computer Science. MBA or JD is preferred.
Knowledge of change management policies and procedures
Knowledge of technology applications and policy governance in regards to operations, response and recovery
Understanding of various types of analytical concepts, approaches and methodologies that could be used to support business needs.
Experience in understating and implementing changes to various model related processes.
Ability to understand and document various quantitative methods. Knowledge of QFAP is highly preferred.
Familiarity with Enterprise Model, CUS and LMA Policies is preferred.
Proficiency in Excel (VBA), Power Point and Word. Knowledge of SQL and understanding of different programing languages (Python. C++, Perl, Matlab) and tools (LaTex) is highly preferred.
Create various and numerous analytical views and tables to streamline intake of data, e.g. from SQL data, and enable automation of data.
Able to understand complex business and technology issues quickly, apply experience and knowledge to identify opportunities and/or solutions that will influence and facilitate decision making
Ability to work individually and with the group on complex problem solving while applying analytical skills, critical thinking, and a strong desire to learn
Ability to influence, negotiate and obtain adoption of strategic capabilities through trusted partnerships created with technical and business teams across Treasury, CFO and Enterprise
Ability to identify and clearly define process improvements through analysis of current state to identify needs and assess opportunities for improved efficiencies and productivity
Ability to work in a highly controlled and audited environment
Self-starter; Initiates work independently, proactively identifies issues and designs and executes remediation action plan,
Strong team player able to transition seamlessly between contributing individually and collaborating on team projects.
Proven ability to manage simultaneously a variety of business functions, adapt to changing business needs and multi-task/ prioritize in a fast-paced environment
Strong communication skills and ability to communicate effectively quantitative topics to technical and non-technical audiences
Job Band:
H4
Shift:
1st shift (United States of America)
Hours Per Week:
40
Weekly Schedule:
Referral Bonus Amount:
0
