Jobs · Finance · North Carolina

Quantitative Finance Analyst

Bank of America · Charlotte, NC · 1 mo ago
FinanceFull-time
We need to output HTML fragment with headings

for sections: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections that have real specific content. We must not repeat job title. Remove boilerplate. Must preserve all substantive info. We need to parse the job description. First part: "At Bank of America, we are guided..." That's about company culture, mission. Could be "About the role"? Actually "About the role" is generic; but we have content about company purpose, culture, etc. Could be placed under "About the role" or maybe "Qualifications"? The instruction: use

for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). So we can choose headings that match content. We have: - Intro about Bank of America purpose, culture, inclusive workplace, in-office expectations, career development. This could be "About the role" or maybe "About the company". Since only allowed headings list includes About the role, we can use that. - Then "Job Description: This job is responsible for conducting quantitative analytics and modeling projects for specific business units or risk types. Key responsibilities include developing new models, analytic processes, or systems approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations include having a broad knowledge of financial markets and products." That's responsibilities. Then a list of responsibilities bullet points (starting with "Performs end-to-end market risk stress testing..."). Then description of Global Risk Analytics (GRA) etc. That's more about the team/organization; could be part of "About the role" or maybe separate "About the team". But we only have allowed headings; we could incorporate into About the role. Then "As a Quantitative Finance Analyst on the team, your main responsibilities will involve:" followed by list of responsibilities (development of wholesale credit risk models etc). That's more responsibilities. Then "Incumbents possess excellent quantitative/analytic skills." That's maybe skills. Then "Required Qualifications:" with bullet list: Master's degree or higher in ... Experience & Skills (list). Then "Skills:" list. Then "Minimum Education Requirement: Master’s degree in related field or equivalent work experience". That's qualifications. Then "Shift: 1st shift (United States of America)" and "Hours Per Week: 40". That's Schedule. We have no explicit Pay or Benefits mentioned. So we should not create those sections. We need to output HTML with

headings and appropriate content:

for prose,

  • for lists. We must not include boilerplate like EEO, etc. There's none. We need to ensure we preserve all substantive info. Let's extract. First, About the role section: combine the introductory paragraphs about Bank of America purpose, culture, in-office expectations, career development, plus description of GRA and vision? Might be too much but okay. We need to avoid duplication. The posting repeats some sentences: "Job Description: At Bank of America, we are guided..." then later "Job Description: This job is responsible..." then later "Global Risk Analytics (GRA) is a sub-line..." then later "As a Quantitative Finance Analyst on the team, your main responsibilities will involve:" We need to keep all but not duplicate identical lines. Let's extract unique substantive sentences. Intro: "At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!" That's a lot but we keep. Then description of GRA: "Global Risk Analytics (GRA) is a sub-line of business within Global Risk Management (GRM), responsible for developing a consistent and coherent set of models, analytical tools, and tests for effective risk and capital measurement, management and reporting across Bank of America. GRA partners with the Lines of Business and Enterprise functions to ensure the capabilities it builds address both internal and regulatory requirements, and are responsive to the changing nature of portfolios, economic conditions, and emerging risks. In executing its activities, GRA drives innovation, process improvement and automation. Scenario and Enterprise Risk Analytics organization provide valuable insights into decision-making processes by decoding and quantifying risks to support our business strategy to achieve responsible and sustainable growth. Our vision is to serve as the go-to function to answer day-to-day risk management questions via state-of-the-art modeling and analytical tools. We want to add value and be relevant beyond regulatory and internal compliance" We can include that as part of About the role or maybe a separate section but we don't have a heading for "Team Overview". We'll put under About the role after the intro. Now responsibilities: We have two sets. First set after "Job Description: This job is responsible for conducting quantitative analytics and modeling projects for specific business units or risk types. Key responsibilities include developing new models, analytic processes, or systems approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations include having a broad knowledge of financial markets and products." Then bullet list: - Performs end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers - Supports the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization - Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation - Supports model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite - Supports the methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk - Works closely with model stakeholders and senior management with regard to communication of submission and validation outcomes - Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches Then later: "As a Quantitative Finance Analyst on the team, your main responsibilities will involve:" followed by bullet list: - Development of wholesale credit risk models including loss forecasting, commercial scorecards, behavioral score, regulatory capital models. - Executing in-depth analysis of wholesale credit performance and financial data. - Preparing white papers for developed models. - Interacting with internal model risk management, addressing potential concerns, and remediating model related findings. - Supporting post implementation activities including ongoing monitoring review and interaction with various stakeholders. - May be responsible for independently conducting quantitative analytics and complex modeling projects. - Support efforts in development of new models, analytic processes, or system approaches. - Creates documentation for all activities and may work with technology staff in design of any system to run models developed. We should combine responsibilities, avoiding duplication. Some overlap: developing new models, creating documentation, working with tech staff. We'll keep both but ensure not duplicate identical sentences. The bullet lists have distinct items; we can merge them into a single
      list, but we need to preserve all items. We'll combine them, maybe keep order. We'll produce a
        with all items from both lists plus the introductory sentence maybe as a

        before list. Now qualifications/requirements: We have "Required Qualifications:" with bullet list: - Master's degree or higher in Computer Science, Data Science, Statistics, Mathematics, Finance, or a related quantitative discipline. - Experience & Skills - Strong STEM background - Knowledge of Machine Learning, NLP, Deep Learning, Statistical Modeling, Quantitative Analysis, Forecasting, Data Visualization - Proficiency in languages such as Python (scikit learn, pandas, numpy etc.), SQL, SAS, R & MATLAB, C/C++ - Prior experience with SQL. And NoSQL databases, distributed computing - Knowledge of data visualization tools like Tableau, Power BI - Minimum of 2 years of relevant experience - Applied statistics skills, such as distributions, statistical testing, regression, etc. - Strong business analysis and documentation skills, including requirements, process flows, and data lineage - Ability to manage multiple and competing priorities - Excellent written and verbal communication skills Then later "Skills:" list: - 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 Also "Minimum Education Requirement: Master’s degree in related field or equivalent work experience" And "Shift: 1st shift (United States of America)" and "Hours Per Week: 40" We need to decide headings: We have About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We have content for About the role, Responsibilities, Qualifications (maybe Requirements vs Qualifications overlapping). We have Skills list. We have Schedule (shift and hours). No Benefits or Pay. We should not create Requirements if we don't have distinct content beyond Qualifications. The posting has "Required Qualifications:" and also "Minimum Education Requirement:" which is part of qualifications. We could treat "Required Qualifications" as Qualifications heading. Could also have Requirements heading for things like "Minimum of 2 years of relevant experience" etc. But we can combine under Qualifications. We need to avoid creating a heading with filler like "Requirements" if we don't have specific content separate from Qualifications. Since we have qualifications content, we can use

        Qualifications

        . We could also have

        Requirements

        if we want to separate but we risk duplication. Better to have one Qualifications section that includes education, experience, skills. But we also have a separate Skills list; we could put that under Skills heading. Thus sections: About the role, Responsibilities, Qualifications, Skills, Schedule. Check if any content for Requirements separate: Not really. Now we need to ensure we don't include boilerplate like "EEO". Not present. Now produce HTML. Structure:

        About the role

        ... (intro + GRA description)

        Responsibilities

        This job is responsible for conducting quantitative analytics and modeling projects for specific business units or risk types. Key responsibilities include developing new models, analytic processes, or systems approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations include having a broad knowledge of financial markets and products.

        • Performs end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers
        • Supports the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization
        • Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation
        • Supports model development and model risk management in respective focus areas to support business requirements and the enterprise

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