Jobs and Careers
BA

Client Quantitative Analyst II

Bank of America
United Statesfull_timeVerifiedPosted 7 Jun 2024

About the role

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. 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!

Job Description:
This job is responsible for leading analytical work efforts for various projects within a Line of Business or business discipline. Key responsibilities include leveraging databases to acquire client and performance data, transforming extracted data into meaningful insights and trends, and delivering those insights to leaders to make complex business decisions. Job expectations include working with business partners to understand, coordinate, and deliver agreed upon priorities while communicating complex data outputs.

The Client Quantitative Analyst position is within the Client Protection organization supporting functions, including Fraud Prevention and Detection, Anti-Money Laundering (AML), Sanctions and Screening Compliance. A quantitative mind, natural curiosity and a desire to challenge the status quo while keeping an eye toward the big picture are key requirements.

You will interact with a wide variety of stakeholders in Client Protection and you will be expected to:

•   Take ownership of end-to-end data and analytics that supports a key AML priority

•   Apply a creative and innovative mindset to solve complex problems

•   Effectively communicate quantitative concepts to both technical and non-technical stakeholders, including Client Protection executive stakeholders

•   Build and maintain strategic relationships with peers and counterparts across risk, technology, and business control functions

•   Influence to drive fact-based decision making across Client Protection stakeholders

As a Client Quantitative Analyst in Client Protection, your main responsibilities will involve:

•   Applying quantitative methods to further analytical capabilities that support Consumer Banking’s BSA/AML compliance programs

•   Maintaining and continuously enhancing these capabilities over time to respond to the changing nature of risks, economic conditions and evolving client behavior

•   Acting as a senior leader and SME while coaching employees on best practices for structuring complex problems, performing analysis, and communicating the results and implications of their work.

•   Communicating outcomes to Client Protection senior management and executive stakeholders

Responsibilities:

  • Extracts data using a variety of a programming languages, such as SQL, SAS, Python, or Spark/Scala, and applies knowledge of relational and non-relational database systems housed on both on-premise and off-premise (hybrid) platforms
  • Connects provisioned data across multiple sources and performs necessary transformations utilizing both technical, business, and process knowledge to transform data into meaningful values and insights
  • Performs quantitative techniques and analysis on client, transaction, and performance data based on questions provided by business partners, translates business questions into an analytical framework, and provides actionable insights for business partners to make informed decisions
  • Interprets business problems and questions and performs required research, analytics, and exploration on appropriate and accurate data sources to provide appropriate deliverables
  • Communicates complex subjects in a simple and engaging manner to non-technical and technical business partners using software such as Power Point, Word, Excel, and Tableau
  • Researches and evaluates data sourcing, conducts quality checks and comparisons of both data and analysis output, and escalates data inconsistences and gaps to technology and leadership
  • Follows quality workflow process and documentation requirements to adhere to standards and provide business continuity

Required Qualifications:

•   5+ years of experience in ap

Apply for this role

Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.

Apply Now →Generate Application Kit

Free account required — sign up in 30s

Company

Bank of America

View company profile →