Bank of America Quantitative Finance Manager in New York, New York

Job Description:

Manages a group of staff responsible for developing and evaluating quantitative analytics/modeling for specific business units or types of transactions. Directs activity of staff in their area in providing support to the business unit and to other business units within Bank of America. Actively involved in the analytics effort, but spends significant amount of time managing staff and coordinating projects. Acts as a senior level resource or resident expert on particular analytic/quantitative modeling techniques. Provides guidance to staff on areas of expertise.

Responsible for managing a team of 2-4 senior quantitative analysts to review and validate models developed by consumer modeling teams. Lead the team to ensure best modeling practices and compliance with Model Risk Management Policy, Procedures, and regulation requirements for model independent validation and model risk management. Ability to skillfully coach, and motivate a highly experienced team of quantitative analysts. This roll will also lead the team to develop and manage relationships with our business partners.

Required Skills:

Proven track record of leadership with 4 + years of experience managing a quantitative team

8 + years of hands on experience in consumer model development/validation

Have a deep understanding on modeling methodology and performance assessment

PhD Degree level education in a quantitative discipline (Economics, Statistics, Finance, Math, Physics) or a First Class MSc Degree in a quantitative discipline plus solid quantitative working experience

Ability to communicate clearly, effectively and work well with people at all levels

Desired Skills:

Advanced knowledge of Microsoft Office Excel, SAS, SQL, R

Good understanding of consumer banking business operation and model usage

Posting Date : 12/21/2016

Location : US-NY-New York

Travel : Yes, 5% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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