Senior Quantitative Financial Analyst-Corporate Audit Model Risk

Bank of America Corporation
New York
Aug 13, 2017
Sep 10, 2017
Employer Type
Direct Employer
Employment Type
Full Time
Job Board
Job Description:

Senior Quantitative Financial Analysts (SQFA) will contribute to the Corporate Audit Model Risk group's enterprise-wide coverage of model risk management. The SQFA will assume the following responsibilities:

* Management of the Audit plan, including resourcing, plan development, execution, and updates in response to changes in conditions.

* Manage and execute audits in a timely manner, including taking responsibility for high quality audit workpapers, presenting issues to senior management and executives as well as issue and report writing.

* Partner with stakeholders within various lines of business and control functions to assess the design and effectiveness of the control environment relating to model risk management.

* Mentor and coach junior team members within the Model Risk Audit group.

* Manage the subject matter expert support to other audit teams and engage with business stakeholders to ensure comprehensive coverage of the model risk management control environment.

* Engage and present in regulatory meetings.

Required Skills:

* Experienced professional with strong knowledge of relevant regulatory requirements within model risk management such as SR11-7 and SR15-18.

* Master's or Ph.D. in a relevant quantitative discipline such as mathematics, statistics, operations research, physics, or economics.

* Model Risk Audit experience (preferred).

* Excellent organizational, analytical, quantitative, oral, and written communication skills.

* Ability to develop strong working relationships with teammates as well as senior management.

* Expected to present findings to senior management and executives.

* Ability to manage and deliver timely multiple projects.

Posting Date: 07/12/2017

Location: US-NY-New York, US-NC-Charlotte

Travel: Yes, 10% of the time

Full / Part-time: Full time

Hours Per Week: 40

Shift: 1st shiftPosted by StartWire