Vice President; Bank Funding Senior Trader Position Available In Mecklenburg, 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. 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:

Conduct research and analytics on FX, Rates, Repo and other markets related to funding as well as asset and liability management. Design, implement and enhance quantitative models (both risk natural, statistic or machine learning models) to optimize trading strategies and reduce overall risk. Utilize technical skills with VBA, SQL and Python to build financial models or automate processes. Apply mathematical or statistical techniques to solve practical issues in finance, including derivative valuation, risk analysis, or financial market regulation. Apply indepth understanding of liquidity management, bank funding strategy, and money markets. Ensure optimal funding for the Bank/ABCP programs. Understand Bank funding strategy and translate into a tactical issuance plan. Analyze and handle large, complex financial dataset with programming tools of Python, SAS, SQL and R. Develop and analyze statistical, optimization and machine learning techniques including regression, convex optimization and classification tree to assess model diagnostic and model performance. Generate statistical analysis to support stress testing, credit risk management, and regulatory examinations. Utilize financial pricing model/library to assess derivative, assets and liability valuation. Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience:

Master’s degree or equivalent in Finance, Statistics, Mathematics, Financial Mathematics, or related: and 5 years of experience in the job offered or a related Quantitative occupation. Must include 5 years of experience in each of the following: Analyzing and handling large, complex financial dataset with programming tools of Python, SAS, SQL and R; Developing and analyzing statistical, optimization and machine learning techniques including regression, convex optimization and classification tree to assess model diagnostic and model performance; Generating statistical analysis to support stress testing, credit risk management, and regulatory examinations; and, Utilizing financial pricing model/library to assess derivative, assets and liability valuation. If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.

Employer:

Bank of America N.A.

Shift:

1st shift (United States of America)

Hours Per Week:

40

Privacy Statement:

https://careers.bankofamerica.com/en-us/privacy-notice 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! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Diversity and Inclusion Each employee brings unique skills, background and opinions. We see diversity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.

Pay Transparency:

https://careers.bankofamerica.com/en-us/pay-transparency