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.
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