VP; Quantitative Finance Analyst

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success.

This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Responsibilities Provide analytical support on various product strategies to ensure company goals are met. Coordinate the production of performance reports for Senior management.

Review and analyze trends in current population distributions and recommends strategies. Participate in or develop more complex program models to extract data and use databases to provide statistical and financial modelling. Analyze portfolio trends, concerning credit score cutoffs, loss trends, portfolio dynamics, and bureau scoring criteria. Participate in the rollout of company-wide pilot programs developed as a result of programmed models.

Design and implement analytical tools to produce key elements for discussion procurements on residential mortgage portfolio with stakeholders and Senior Manager leads. Participate in advanced business analytics in risk management of residential mortgage portfolio, communicating results and educating others through reports and presentations. Drive explanatory data analyses, generating and testing working hypotheses, preparing and analyzing historical data and identify patterns using Hadoop, Spark and Trino. Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience Master's degree or equivalent in Economics, Statistics, Business Administration, or a related field: 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: Analyzing and assessing large, complex financial dataset with programming tools including Python, SAS, SQL and R; Developing and analyzing statistical models including linear regression, auto regression, or logistic regression to assess model diagnostic and model performance; Using big data technologies of SQL to handle large volumes of data produced by complex financial forecasting models; Evaluating quantitative modeling and analytics projects in risk analytics and loss forecasting leveraging tools of R, Python, and C++; and,

Generating statistical analysis to support stress testing, credit risk management, regulatory examinations. If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com 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: 40 Pay Transparency details US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540) Pay and benefits information Pay range $155,000.00 - $165,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan.

Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone.

We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.

Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency