Bank of America Corporation

Managing Director; Sr Quantitative Finance Mgr

Bank of America Corporation$160K — $190K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Computer Science, Information Systems, Engineering, or related field required.
  • 7 years of experience in a quantitative occupation or similar role.
  • Experience architecting end-to-end data ecosystems using data strategies such as microservices, data mesh, data fabric, and data virtualization is essential.
  • Proficiency in designing data management and governance solutions using tools like Collibra and Apache Atlas.
  • Expertise in building Knowledge Graphs and Ontologies for quantitative analytics using graph frameworks like Neo4J and DSE Graph.
  • Experience in developing feature engineering models for predictive modeling and Machine Learning is a must.
  • Strong skills in data aggregation and reporting solutions using tools such as Python, Spark, SQL, and Tableau.

Responsibilities

  • Lead data modernization and architecture strategy for Global Risk.
  • Unify data across teams using modern management techniques and solutions.
  • Architect scalable data ecosystems to enhance quantitative model development with emerging technologies.
  • Design and develop Linked Data structures for effective data transformation and linkage.
  • Develop and validate quantitative analytics and models for various business units.
  • Act as a subject matter expert, supporting business units in quantitative analytics techniques.
  • Oversee model performance and governance on critical portfolios.

Benefits

  • Remote work may be permitted within a commutable distance from the worksite.
Full Job Description
Responsibilities
  • Lead data modernization, transformation and architecture strategy for Global Risk and global risk.
  • Direct data owners, data users, data support managers and technology teams to unify data through modern data management techniques and solutions.
  • Architect scalable data ecosystem to aid quantitative model development using emerging data strategies and latest technologies such as data lakes, data mesh, data fabric, NoSQL and data virtualization.
  • Design and develop Linked Data structures including Knowledge Graphs, Ontologies and Vocabularies to quickly discover, transform and link complex datasets for data science/machine learning algorithms and quantitative models.
  • Develop and validate feature stores, quantitative analytics and models for specific business units or risk types.
  • Direct activities to support business units and act as a subject matter expert on specified quantitative analytics and modeling techniques.
  • Serve as the first or second line of defense overseeing model performance, model risk, and model governance on critical portfolios.
  • Partner across GRM, Control Functions, and Front-Line Unit stakeholder teams to evaluate the current data ecosystem; define the vision; drive development of their data strategies and roadmaps for data capture, transformation, transport, and use; and define core KPIs for measuring progress of data strategy, including data quality related to assessing and remediating risk.
  • Drive strong partnerships across the organization to fully understand business goals and link them to data needs.
  • Collaborate closely with enterprise and Front-Line Units, ensuring that the right strategy and processes are in place to meet strategic data objectives while addressing immediate operating priorities, business impacts, mitigation strategies, and escalation protocols.
  • Synthesize existing data governance principles, policies, practices and industry standards to influence development of best practices across the enterprise.
  • Drive enforcement of data governance through design and development of best-in-class metadata, lineage and data quality tools.
  • Remote work may be permitted within a commutable distance from the worksite.


Required Skills & Experience
  • Master's degree or equivalent in Computer Science, Information Systems, Engineering (Any), or related: and
  • 7 years of experience in the job offered or a related Quantitative occupation.
  • Must include 7 years of experience in each of the following:
  • Architecting end to end data ecosystems from operational data stores to data lakes and data warehouses using emerging data strategies and design patterns including microservices, data mesh, data fabric and data virtualization;
  • Designing and developing data management and governance solutions using Collibra and open-source frameworks including Apache Atlas, and Datahub;
  • Architecting analytics platforms using big data technologies including Hadoop, Object Stores, Spark, NoSQL, and public cloud services;
  • Building Vocabularies, Ontologies, and Knowledge Graphs for quantitative analytics and modeling using linked data triples, graph processing frameworks, and graph stores including Neo4J, DSE Graph, and Tiger Graph;
  • Developing feature engineering models and feature stores for performing quantitative modeling including predictive modeling and Machine Learning; and,
  • Designing data aggregation and reporting solutions using Python, Spark, SQL, Tableau to handle large volumes of data produced by complex quantitative models.


If interested apply online at www.bankofamerica.com/careers or email your resume to [redacted] and reference the job title of the role and requisition number.

Bank of America N.A.

Shift:
1st shift (United States of America)

Hours Per Week:
40

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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