Quantitative Operations Assoc II

Bank of America

Charlotte, NC
Job Code:
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Job Details

Company Bank of America

Job Title Quantitative Operations Assoc II

Jobid bankofamerica-16020805CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**

This position is responsible for developing and maintaining models and tools to predict product, account, and customer value and/or the underlying drivers of value that support Bank of America marketing programs. These models are used in key decision areas such as new customer marketing (acquiring profitable customers), cross-selling and up-selling (strategic relationship deepening) and customer retention (retaining high-value customers).

The models are required to meet very high standards including predictive accuracy, reliability, regulatory compliance, excellent documentation, flawless execution/implementation and ongoing monitoring and validations.

Responsibilities of this position include:

+ Develop, implement, maintain and track performance of valuation models including usage behavior models such as balance, spend, revolve and activation models.

+ Collaborate with other cross-functional areas including Risk Strategies, Finance and Campaign Execution to develop and implement marketing programs leveraging models and other analytical tools.

+ Support lead selection production process with ad-hoc analytics, data preparation, code development and production audits.

+ Develop, streamline and error-proof production codes.

+ Provide analytical data-driven insights to business partners, identify business needs and tailor solutions to those needs.

+ Draw strategic conclusions and recommendations from models/analytics.

+ Work closely with partner areas to ensure proper use of the models/tools.

+ Regularly present project results to senior management and business partners.

Required Skills:

+ Master's or higher degree in Statistics, Mathematics, Operations Research or other related field.

+ Strong background and interest in quantitative business analytics. Excellent SAS and SQL programming (Stat, Macro, OR, ETS) and data mining skills. Proficiency with UNIX.

+ 2 -3 years of statistical modeling experience in the financial industry.

+ Excellent written and oral communication skills.

+ Ability to work both independently and as a team player.

Desired Skills:

+ Experience working with statisticians, data scientists, and programmers.

+ Proficiency in design of experiments (DOE) and optimization techniques.

+ Knowledge of consumer lending products, strategies and related processes

**Posting Date** : 12/21/2016

**Location** : US-DE-Wilmington, US-NC-Charlotte, US-TX-Plano

**Travel** : Yes, 5% of the time

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**Assistance for Applicants with Disabilities**

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

**Diversity & Inclusion**

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

**Frequently Asked Questions**

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.

Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.

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