Quantitative Finance Analyst

Charlotte, North Carolina

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:

The WRA Quantitative Developer is responsible for building model software and tooling for the Emissions Calculators and Analytics functions using python and the firm’s proprietary calculator platforms. The role requires close collaboration with Model Developers, Model Risk Management Reviewers and Operational Product Owners. Additionally, the role will support data processing, Front end UI buildout and adopting enterprise level controls when executing production exercises. Candidate must be able to communicate across technology partners, model developers and the business lines to execute on viable software solutions, with a focus on end-user experience and controlled usability. Candidate must be strong in understanding the problems and implementing software solution using the Python Programming language.

The role will be responsible for building quantitative software libraries to estimate Greenhouse Gas Emissions resulting from the bank’s financing activities. Responsibilities include:

• Designing and Developing mathematical software packages using Python

• Front-end workflow development to allow end-users to run the calculators

• Writing efficient software and iteratively improving it

• Establishing structure for representing mathematical operations

• Testing work output with continuous integration tools/packages like unittest, pytest, jenkins

• Maintaining Code Quality and ensuring numerical correctness

• Troubleshooting software bugs and partnering with peers in Technology to solve problems

• Documenting and responding to requests / queries from Review Group

Skills:

• Critical Thinking

• Quantitative Development

• Risk Analytics

• Risk Modeling

• Technical Documentation

• Adaptability

• Collaboration

• Problem Solving

• Risk Management

• Test Engineering

• Data Modeling

• Data and Trend Analysis

• Process Performance Measurement

• Research

• Written Communications

Minimum Education Requirement: Master’s degree in related field or equivalent work experience

Qualifications:

• Three (3) or more years of experience in software engineering

• Understanding of mathematical software packages (numpy, pandas, matplotlib) and risk management

• Aptitude and interest for solving numerical problems with software

• Advanced knowledge of Python programming language, numerical packages like numpy and pandas

• Knowledge of Data structures, Algorithms

• Knowledge of Object Oriented Software Development

• Keenness to learn the firm’s software platforms where the product is built and deployed

• Understanding of databases, query languages and tools like Oracle, Spark

• Basic Knowledge of climate risk, financial concepts & products

Desired Qualifications:

• Working Knowledge of Distributed Software Systems

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

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Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

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This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.