Bank of America Compliance Quantitative Operations Associate in Charlotte, North Carolina
This position is in the Scenario Development and Enhancement Team of the Global Anti-Money Laundering (AML) - Financial Intelligence Unit.
The candidate is responsible, but not limited to the following:
Developing and validating quantitative models/scenarios that are used to detect suspicious activity in support of the firm's strategic efforts to mitigate money laundering and terrorist financing risk
Collaborate with AML SMEs and Risk Managers to develop and enhance methodologies for detecting money laundering and other suspicions activity
Validate and tune current models/scenarios through analytics and intelligence discovery
Understanding of financial transaction data, be able to assess and communicate assumptions underlying the data sources
Proficient in methods of data extraction, transformation, and loading data from different operating systems.
Successful candidate should be able to maintain a strong focus on data quality/consistency, demonstrate strategic and creative thinking , be comfortable in an environment where outcomes may be ambiguous, be able to develop a plan of action, execute that plan in a reasonable amount of time
Deliver/present results in a thorough and organized manner.
Teamwork is essential and the ability to function effectively in a cooperative environment is required.
Masters or Ph.D. degree in a Quantitative discipline (Mathematics, Statistics, or Economics, etc.)
2+ yrs. of knowledge of databases, data warehousing and business intelligence tools, such as SAS, Matlab, R, SQL language or similar software
Demonstrate a combination of leadership, business acumen, quantitative modeling and analysis skills, strategic and creative thinking, and satisfactory written and oral communications skills
Proficient in Microsoft Office applications
Strong problem solving skills and be able to prioritize and work on multiple projects at a time
Understanding of financial services and products, analytic experiences in AML
Self-motivated worker who is comfortable and effective working with varying levels of guidance
Posting Date : 03/20/2017
Location : US-NC-Charlotte
Travel : Yes, 5% of the time
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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