1+ months

Volume Forecaster

Phoenix, AZ 85067
Volume Forecaster



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



**Job Description:**



**Description & Responsibilities:**



Global Operations Data Management and Analytics team is looking for a motivated individualwho can analyze operational activities to obtain quantitative forecasts for staffing decisionmaking through the application of statistical models and business intelligence. Utilizesmathematics, statistical methods, engineering methods, and other advance analytics methods.Works on usually complex technical problems and provides innovative solutions. Interacts withsenior partners on significant technical matters often requiring coordination betweenorganizations



Responsible for developing and modernizing time-series models using advancedalgorithm-based forecasting techniques



Assist in driving forecast 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



Supports ongoing monitoring and improving forecasting performance and efficiency



**Required Skills:**



Master's degree in Mathematics/Statistics/Applied Economics/OperationsResearch/Advanced Analytics or other STEM field



2+ years of experience as a professional predictive modeling analyst (forecasting,regression analysis, time-series, etc.)



Fundamental understanding and experience with Linear Regression/TimeSeries/Statistical Modeling, both through education and professional experience



Experience with SAS, Python, R, or similar statistical software



Tableau / Data visualization / or other



Ability to work in team-oriented environment with strong aptitude for problem solving andcollaboration



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



**Desired Skills:**



Data mining experience using SQL/SAS querying



Prior Bank of America/Banking industry analytics and modeling experience, specificallywith developing predictive models that adhere to standards set by a risk managementgoverning body



Ability to coach others.



**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 Manager



**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 individualwho can analyze operational activities to obtain quantitative forecasts for staffing decisionmaking through the application of statistical models and business intelligence. Utilizesmathematics, statistical methods, engineering methods, and other advance analytics methods.Works on usually complex technical problems and provides innovative solutions. Interacts withsenior partners on significant technical matters often requiring coordination betweenorganizations



Responsible for developing and modernizing time-series models using advancedalgorithm-based forecasting techniques



Assist in driving forecast 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



Supports ongoing monitoring and improving forecasting performance and efficiency



**Required Skills:**



Master's degree in Mathematics/Statistics/Applied Economics/OperationsResearch/Advanced Analytics or other STEM field



2+ years of experience as a professional predictive modeling analyst (forecasting,regression analysis, time-series, etc.)



Fundamental understanding and experience with Linear Regression/TimeSeries/Statistical Modeling, both through education and professional experience



Experience with SAS, Python, R, or similar statistical software



Tableau / Data visualization / or other



Ability to work in team-oriented environment with strong aptitude for problem solving andcollaboration



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



**Desired Skills:**



Data mining experience using SQL/SAS querying



Prior Bank of America/Banking industry analytics and modeling experience, specificallywith developing predictive models that adhere to standards set by a risk managementgoverning body



Ability to coach others.



**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 Manager



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



Learn more about this role



Full time



JR-22033795



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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Volume Forecaster

Bank of America
Phoenix, AZ 85067

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