Bank of America
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!
Responsibilities Enable analysis, model, and optimize through producing information products. Create sophisticated, value-added analytic systems that support revenue generation, risk management, operational efficiency, regulatory compliance, portfolio management, and research. Adopt enterprise information products through clearly communicating how enterprise information products answer material banking questions leading to decisions and actions. Clearly document the use of various Optical Character Recognition models (OCR). Perform back testing, benchmarking, and scenario analysis for multiple models. Conduct ongoing model performance monitoring for models used on various operations and technology teams. Test Al models for 16 risk dimensions including fairness, ethics, algorithmic bias, algorithmic transparency, information security, and privacy. Coordinate with Model Risk Management on upcoming model risk reviews. Build, test and document quantitative models consistent with model development procedures and model risk management expectations. Apply statistical skills of distributions, statistical testing, and regression with machine learning techniques and algorithms including ensemble models. Apply knowledge of Machine Learning, Natural Language Processing, advanced machine learning and Statistical Modeling, Quantitative Analysis, Forecasting, and Data Visualization to facilitate the automation of testing. Utilize data analytics tools of Tableau and Alteryx to conduct thorough analysis of large financial datasets to extract actionable insights and identify trends. Remote work may be permitted within a commutable distance from the worksite. Required Skills & Experience Bachelor's degree or equivalent in Finance, Statistics, Mathematics, Economics, or related: and 5 years of progressively responsible experience in the job offered or a related Quantitative occupation. Must include 5 years of experience in each of the following: Building, testing and documenting quantitative models consistent with model development procedures and model risk management expectations; Applying statistical skills of distributions, statistical testing, and regression with machine learning techniques and algorithms including ensemble models; Applying knowledge of Machine Learning, Natural Language Processing, advanced machine learning and Statistical Modeling, Quantitative Analysis, Forecasting, and Data Visualization to facilitate the automation of testing; and, Utilizing data analytics tools of Tableau and Alteryx to conduct thorough analysis of large financial datasets to extract actionable insights and identify trends. Age requirement: Must at least be 18 years of age. Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please contact us by calling
1.877.760.2076 . This is a dedicated line designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days. Please note : Messages left for other purposes such as following up on an application or non-disability related technical issues, will not receive a response.
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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!
Responsibilities Enable analysis, model, and optimize through producing information products. Create sophisticated, value-added analytic systems that support revenue generation, risk management, operational efficiency, regulatory compliance, portfolio management, and research. Adopt enterprise information products through clearly communicating how enterprise information products answer material banking questions leading to decisions and actions. Clearly document the use of various Optical Character Recognition models (OCR). Perform back testing, benchmarking, and scenario analysis for multiple models. Conduct ongoing model performance monitoring for models used on various operations and technology teams. Test Al models for 16 risk dimensions including fairness, ethics, algorithmic bias, algorithmic transparency, information security, and privacy. Coordinate with Model Risk Management on upcoming model risk reviews. Build, test and document quantitative models consistent with model development procedures and model risk management expectations. Apply statistical skills of distributions, statistical testing, and regression with machine learning techniques and algorithms including ensemble models. Apply knowledge of Machine Learning, Natural Language Processing, advanced machine learning and Statistical Modeling, Quantitative Analysis, Forecasting, and Data Visualization to facilitate the automation of testing. Utilize data analytics tools of Tableau and Alteryx to conduct thorough analysis of large financial datasets to extract actionable insights and identify trends. Remote work may be permitted within a commutable distance from the worksite. Required Skills & Experience Bachelor's degree or equivalent in Finance, Statistics, Mathematics, Economics, or related: and 5 years of progressively responsible experience in the job offered or a related Quantitative occupation. Must include 5 years of experience in each of the following: Building, testing and documenting quantitative models consistent with model development procedures and model risk management expectations; Applying statistical skills of distributions, statistical testing, and regression with machine learning techniques and algorithms including ensemble models; Applying knowledge of Machine Learning, Natural Language Processing, advanced machine learning and Statistical Modeling, Quantitative Analysis, Forecasting, and Data Visualization to facilitate the automation of testing; and, Utilizing data analytics tools of Tableau and Alteryx to conduct thorough analysis of large financial datasets to extract actionable insights and identify trends. Age requirement: Must at least be 18 years of age. Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please contact us by calling
1.877.760.2076 . This is a dedicated line designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days. Please note : Messages left for other purposes such as following up on an application or non-disability related technical issues, will not receive a response.
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