Job summary
Job post source
This job is directly from Bank of America
Job overview
The Quantitative Finance Analyst at Bank of America will leverage technical skills to develop models and software solutions that support market risk stress testing and model management, contributing to the company's commitment to responsible growth.
Responsibilities and impact
Daily responsibilities include performing market risk stress testing, supporting model development and validation, conducting statistical analysis on large datasets, and collaborating with stakeholders to communicate outcomes.
Experience and skills
Candidates must have a Master's degree or equivalent experience, along with at least 3 years of programming experience in databases like Oracle or Hadoop, and familiarity with software development practices.
Career development
This role offers opportunities for professional growth through exposure to industry-leading experts and participation in strategic model development initiatives.
Work environment and culture
Bank of America promotes a diverse and inclusive workplace, emphasizing flexibility and a commitment to employee well-being.
Company information
Bank of America is a leading financial institution dedicated to helping clients and communities through responsible growth and a focus on employee development.
Job location and travel
This position is based in the United States and follows a 1st shift schedule, requiring 40 hours per week.
Company overview
Bank of America is a leading multinational financial institution that provides a wide range of banking, investment, and financial services to individual consumers, small and middle-market businesses, and large corporations. The company generates revenue through interest income, fees, and commissions from its diverse portfolio of services including consumer banking, wealth management, and global banking. Founded in 1904 as the Bank of Italy, it has grown through significant mergers and acquisitions, including the notable acquisition of Merrill Lynch in 2008, which expanded its investment banking and wealth management capabilities.
How to land this job
Position your resume to highlight your technical skills in Python, PySpark, and experience with databases like Oracle, Hadoop, and HIVE, as these are critical for the Quantitative Finance Analyst role at Bank of America.
Emphasize your experience with model development, risk analytics, and your ability to perform statistical analysis on large datasets to align with the job responsibilities outlined in the description.
Apply through multiple platforms, including Bank of America's corporate website and LinkedIn, to maximize your chances of being noticed for this position.
Reach out to professionals in the quantitative finance division at Bank of America on LinkedIn; you can start by discussing recent trends in risk management or asking for insights on their team's projects.
Ensure your resume is optimized for ATS systems by incorporating relevant keywords from the job description such as 'risk modeling', 'data analysis', and 'technical documentation' to improve your chances of passing initial screenings.
Consider utilizing Jennie Johnson's Power Apply feature, which can streamline your application process by tailoring your resume, identifying the best application channels, and suggesting LinkedIn connections to network with effectively.
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