Forecasting & Capacity Analytics Associate

Bank of America; Chandler (AZ); On-site; USD 85,000 - 131,000; Full time

Benefits offered by this job

Discretionary incentive

Benefits

Job summary

Bank of America in Chicago, IL is seeking a Data & Modeling - Resource Analytics professional to develop and maintain staff forecasting and capacity models. You will partner with Front Line Units, present to executives, and drive improvements across the analytics team.

The role emphasizes quantitative modeling, collaboration, and adherence to Model Risk Management standards in a fast-paced environment.

Qualifications

• Bachelor’s degree in Statistics, Applied Economics, OR STEM field.
• 2+ years in quantitative roles modeling complex processes.
• Knowledge of linear regression, time-series, simulation, or optimization techniques.
• Proficient in Excel.
• Experience with Copilot.
• Experience with SAS/Python/R.
• Strong teamwork and communication.
• Ability to solve problems and drive results.

Responsibilities

• Develop and maintain volume forecasting, capacity planning, and resource optimization models.
• Routinely partner with Front Line Units to ensure model accuracy.
• Conduct routine model production and performance presentations with executive leadership.
• Evaluate new opportunities and implement enhancements to current capacity model inputs, processes, and outputs.
• Assist in driving volume and capacity modeling consistency and innovation across the team.
• Help modernize existing volume forecasting and capacity models using advanced predictive modeling, simulation and optimization techniques.
• Help with documentation and other efforts to adhere to Model Risk Management guidelines.

Skills

Analytical Thinking

Data Modeling

Data Visualization

Data and Trend Analysis

Attention to Detail

Collaboration

Data Management

Data Mining

Presentation Skills

Consulting

Problem Solving

Risk Management

Stakeholder Management

Technical Documentation

Education

Bachelor’s degree in Statistics, Applied Economics, Industrial Engineering, Mathematics, Operations Research, Analytics, Finance or STEM

Master’s degree in Statistics, Applied Economics, Industrial Engineering, Mathematics, Operations Research, Analytics, Finance or STEM

Tools

SAS

Python

R

Tableau

Arena

SQL

GAMS

CPLEX

XPRESS

Job description

Bank of America in Chicago, IL is seeking a Data & Modeling - Resource Analytics professional to develop and maintain staff forecasting and capacity models. You will partner with Front Line Units, present to executives, and drive improvements across the analytics team.

The role emphasizes quantitative modeling, collaboration, and adherence to Model Risk Management standards in a fast-paced environment.