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 quantitative analytics and modeling projects.
Create documentation for all activities and works with Technology staff in design of any system to run models developed.
Develop requirements to address data issues and tests solutions in collaboration with data and technology teams within our organization.
Understand changing regulatory capital framework and its impact.
Analyze regulatory capital results, interpret regulatory requirements in the context of a business problem, develop solutions and execute implementation.
Foster relationships with partners in capital management, business partners and finance to resolve capital questions.
Required Skills & Experience
Master's degree or equivalent in Statistics, Mathematical Finance, Economics, or related: and
3 years of experience in the job offered or a related Quantitative occupation.
Must include 3 years of experience in each of the following:
Assessing Financial products and system flows to provide creative solutions and facilitate workflow;
Addressing issues and coordinating with team members to come up with improvement recommendations and solutions;
Analyzing and working on queries using SQL to create financial estimates, tables, views, fine tuning, and procedures;
Performing financial modelling utilizing data mining techniques to identify opportunities and make recommendations to assist management in controlling losses and increasing profitability;
Defining systems scope, objectives and functionality based on user input and assessing business processes and industry requirements; and,
Performing quantitative analysis, simplify and explain impacts of updates/ changes in complex technical calculations.
If interested apply online at www.bankofamerica.com/careers or email your resume to [email protected] 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:
40Bank 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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Fair & Transparent Compensation — The $25/hour U.S. minimum wage, reaffirmed in recent company materials, sets a clear compensation floor that lifts entry-level and operations pay. Public salary information and disclosures provide visible benchmarks for pay across roles.
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Parental & Family Support — Parental leave extends up to 26 weeks with 16 weeks fully paid for eligible teammates, alongside backup child and adult care and a dedicated Life Event Services team. Family-building assistance offers up to a $20,000 lifetime reimbursement and bereavement leave provides 20 paid days for loss of a spouse, partner, or child.
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Retirement Support — Retirement programs include a 401(k) match up to 5% of eligible pay plus an additional 2–3% annual company contribution based on service. These employer contributions add meaningful long-term value beyond base pay.
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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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