Sustainability Sr. Quantitative Financial Analyst; CFO

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

This job is responsible for conducting quantitative analytics and complex modeling projects for specific business units or risk types. Key responsibilities include leading the development of new models, analytic processes, or system approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations may include the ability to influence strategic direction, as well as develop tactical plans.

The role is responsible for building data processes, data research and analytics, supporting model input monitoring and developing necessary reporting frameworks to support our approach to Net Zero, target setting, client engagement and risk review, empowering banking teams to assist clients on Net Zero financing strategies and specific commercial opportunities. The role will support and partner with business stakeholders and will support data governance, lineage, controls by building, improving and executing data processes.

Candidate must be able to communicate across technology partners, the business lines, model development teams and Model Risk Management to execute on viable analytical solutions, with a focus on end-user experience and usability. Candidate must be strong in identifying and explaining data quality issues to help achieve successful and validated data for model execution.

• 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
• Leads 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
• Maintains and provides oversight of model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite
• Leads and provides 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

• Create complex SQL queries and extract large, raw datasets from various sources, merging, and transforming raw data into usable data and analytic structures, and benchmarking results
• Automate repeatable process, generating data insights that are easy for end users to interpret, conduct quantitative analysis, as well as effectively communicate and disseminate findings and data points to stakeholders
• Evaluate options and finalize requirements in partnership with technology partners and product owners for development of strategic input sourcing of new…