30 days old

Capacity Planner

Newark, DE 19715
Capacity Planner



Charlotte, North Carolina;Newark, Delaware; Addison, Texas; Phoenix, Arizona



**Job Description:**



**Description & Responsibilities:**



Global Operations Data Management and Analytics team is looking for a motivated individualwith strong quantitative skills and experience in simulation modeling, operations research, andanalytics. This individual will be responsible for developing and maintaining advanced strategiccapacity models that predict operational resource demand and providing recommendations tokey stakeholders. In addition, the position will assist with efforts to ensure the capacity modelsadhere to Model Risk Management (MRM) standards. The ideal candidate will have a keen eyefor detail, a strong sense for modeling complex operational systems, and excellent verbal andwritten communication skills



Responsible for developing and modernizing capacity and resource optimization modelsusing advanced simulation and optimization techniques



Evaluating new opportunities and implementing changes for current capacity modelinputs, processes, and outputs



Design and implement efficiency metrics and insights to provide guidance to theoperations and drive budgeting and business decisions



Assist in driving capacity modeling consistency and innovation across team



Routinely partner with the Front Line Units (FLUs) to generate best in class outcomes



Help with documentation and other efforts to adhere to Model Risk Management (MRM)guidelines



**Required Skills:**



Bachelors degree in Industrial Engineering, Mathematics, Statistics/Applied Economics,Operations Research, Advanced Analytics, or other STEM field2+ years of experience in quantitative roles modeling complex systems



Experience with Arena or similar discrete event simulation software



Experience with SAS OR, GAMS, XPRESS, CPLEX, or similar optimization software



Proficient in MS Office



Ability to work in a team-oriented environment with strong aptitude for problem solvingand collaboration



Strong communication and interpersonal skills - specifically the ability to communicatecomplex ideas in a clear and concise manner to key stakeholders



Natural curiosity and drive to answer important business questions



High aptitude for self-motivation and self-determined project work in a fast-paced andrapidly changing environment



**Desired Skills:**



Masters degree in Industrial Engineering, Mathematics, Statistics, Applied Economics,Operations Research, Advanced Analytics, or other STEM field



Prior capacity or financial planning/modeling experience



Tableau or other data visualization software experience



Data mining experience using SQL/SAS querying



Proficient in Arena or similar discrete event simulation software



Proficient in SAS OR, GAMS, XPRESS, CPLEX, or similar optimization software



Experience with SAS, Python, R, or similar



Prior Banking industry analytics and modeling experience, specifically with developingcapacity or resource optimization models that adhere to standards set by a riskmanagement governing body



**Enterprise Role Overview:**



Responsible for developing quantitative/analytic models and applications in support of the firm'srisk management effort. This role focuses on the development of operations/data managementpolicies, strategies and operational guidelines for the organization's various financial productsas they relate to the analysis, tracking, and reporting of various risk metrics. This role oftenpossesses an advanced degree in physics, applied mathematics, statistics/probability oranother heavy quantitative discipline. Quantitative analytic staff is focused on and responsiblefor the development of the theory and mathematics behind various models. IndividualContributor and reports to Quant Operations Manage



**Job Band:**



H5



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



**Weekly Schedule:**



**Referral Bonus Amount:**



0



**Job Description:**



**Description & Responsibilities:**



Global Operations Data Management and Analytics team is looking for a motivated individualwith strong quantitative skills and experience in simulation modeling, operations research, andanalytics. This individual will be responsible for developing and maintaining advanced strategiccapacity models that predict operational resource demand and providing recommendations tokey stakeholders. In addition, the position will assist with efforts to ensure the capacity modelsadhere to Model Risk Management (MRM) standards. The ideal candidate will have a keen eyefor detail, a strong sense for modeling complex operational systems, and excellent verbal andwritten communication skills



Responsible for developing and modernizing capacity and resource optimization modelsusing advanced simulation and optimization techniques



Evaluating new opportunities and implementing changes for current capacity modelinputs, processes, and outputs



Design and implement efficiency metrics and insights to provide guidance to theoperations and drive budgeting and business decisions



Assist in driving capacity modeling consistency and innovation across team



Routinely partner with the Front Line Units (FLUs) to generate best in class outcomes



Help with documentation and other efforts to adhere to Model Risk Management (MRM)guidelines



**Required Skills:**



Bachelors degree in Industrial Engineering, Mathematics, Statistics/Applied Economics,Operations Research, Advanced Analytics, or other STEM field2+ years of experience in quantitative roles modeling complex systems



Experience with Arena or similar discrete event simulation software



Experience with SAS OR, GAMS, XPRESS, CPLEX, or similar optimization software



Proficient in MS Office



Ability to work in a team-oriented environment with strong aptitude for problem solvingand collaboration



Strong communication and interpersonal skills - specifically the ability to communicatecomplex ideas in a clear and concise manner to key stakeholders



Natural curiosity and drive to answer important business questions



High aptitude for self-motivation and self-determined project work in a fast-paced andrapidly changing environment



**Desired Skills:**



Masters degree in Industrial Engineering, Mathematics, Statistics, Applied Economics,Operations Research, Advanced Analytics, or other STEM field



Prior capacity or financial planning/modeling experience



Tableau or other data visualization software experience



Data mining experience using SQL/SAS querying



Proficient in Arena or similar discrete event simulation software



Proficient in SAS OR, GAMS, XPRESS, CPLEX, or similar optimization software



Experience with SAS, Python, R, or similar



Prior Banking industry analytics and modeling experience, specifically with developingcapacity or resource optimization models that adhere to standards set by a riskmanagement governing body



**Enterprise Role Overview:**



Responsible for developing quantitative/analytic models and applications in support of the firm'srisk management effort. This role focuses on the development of operations/data managementpolicies, strategies and operational guidelines for the organization's various financial productsas they relate to the analysis, tracking, and reporting of various risk metrics. This role oftenpossesses an advanced degree in physics, applied mathematics, statistics/probability oranother heavy quantitative discipline. Quantitative analytic staff is focused on and responsiblefor the development of the theory and mathematics behind various models. IndividualContributor and reports to Quant Operations Manage



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



Learn more about this role



Full time



JR-22033280



Band: H5



Manages People: No



Travel: Yes, 5% of the time



Manager:



Talent Acquisition Contact:



Thomas Hall



Referral Bonus:



0



Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.




To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .


To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .



Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.




To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE .

Industry

  • Banking / Finance
Posted: 2022-04-22 Expires: 2022-06-04

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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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Capacity Planner

Bank of America
Newark, DE 19715

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