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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
The Global Operations Resource Analytics team is seeking a quantitative professional to develop and implement models for volume forecasting, capacity planning, workforce scheduling, scenario analysis, and operational performance reporting.
This role applies advanced analytical methods to real-world business challenges and translates findings into practical, data-driven recommendations.
Responsibilities:
- Develops and maintains models for the line of business, including volume forecasts, capacity plans, and vendor models
- Drives horizontal consistency in model development and usage across peer groups
- Conducts routine model production and performance presentations with executive leadership
- Ensures adherence to Model Risk Management (MRM) requirements
- Supports ongoing model monitoring to improve forecasting performance and efficiency
Required Qualifications::
- Master’s degree in industrial engineering, operations research, or a related STEM field.
- Proficiency with Microsoft Excel, PowerPoint, and VBA.
- Experience querying databases using SQL.
- Experience developing and implementing discrete-event simulation and optimization models.
- Experience using GitHub Copilot to accelerate model development and formulate heuristics.
- Strong problem-solving and collaboration skills.
- Demonstrated ability to apply quantitative methods to business problems.
- Ability to work effectively through ambiguity, complexity, and change.
- Excellent written and verbal communication skills.
Skills:
- Analytical Thinking
- Business Intelligence
- Data Modeling
- Data Visualization
- Data and Trend Analysis
- Attention to Detail
- Collaboration
- Data Management
- Data Mining
- Presentation Skills
- Consulting
- Problem Solving
- Risk Management
- Stakeholder Management
- Technical Documentation
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)Pay and benefits informationPay range$84,600.00 - $130,800.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.Skills Required
- Master's degree in industrial engineering, operations research, or a related STEM field
- Proficiency with Microsoft Excel, PowerPoint, and VBA
- Experience querying databases using SQL
- Experience developing and implementing discrete-event simulation and optimization models
- Experience using GitHub Copilot to accelerate model development and formulate heuristics
- Strong problem-solving and collaboration skills
- Ability to apply quantitative methods to business problems
- Ability to work effectively through ambiguity, complexity, and change
- Excellent written and verbal communication skills
- Experience in capacity planning, financial planning, or quantitative modeling
- Proficiency with Arena or comparable discrete-event simulation software
- Proficiency with Gurobi or comparable optimization software
- Experience with Python, SAS, SQL, and data mining
- Banking analytics and modeling experience, particularly in volume forecasting and capacity or resource optimization
- Experience developing models under model risk management standards and governance requirements
- Knowledge of linear regression, time-series analysis, and other statistical modeling techniques
Bank of America Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bank of America and has not been reviewed or approved by Bank of America.
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Healthcare Strength — Health coverage is described as comprehensive, with medical, dental, vision, virtual care via Teladoc, wellness programs, and specialized support for cancer and menopause. Wellness credits and an always‑on EAP with in‑person sessions add to the depth of care.
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Parental & Family Support — New parents can access up to 26 weeks of leave, including 16 weeks fully paid for eligible teammates, alongside back‑up child and adult care. Family‑building resources and reimbursements (e.g., fertility, adoption, surrogacy) and a dedicated Life Event Services team extend support across life stages.
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Equity Value & Accessibility — Broad‑based equity through the Sharing Success program, including $1B in stock to nearly all non‑executive employees in January 2026, is intended to foster an ownership mindset. Stock awards (including RSUs) are a recurring component that aligns employees’ interests with shareholders.
Bank of America Insights
What We Do
We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth. Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
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