Quantitative Engineer - Risk Analytics & Big Data

Bank of America; Chicago (IL); On-site; USD 90,000 - 156,000; Full time

Job summary

Bank of America’s Global Risk Analytics team in Chicago is seeking a software-enabled risk analytics professional. You will design, build, test and implement scalable data tools and models to support risk management and regulatory needs.

You will work with modelers, risk managers and technologists to shape the data and analytics future, develop reusable components, and document processes for internal and regulatory purposes.

Qualifications

• Bachelor's degree in Computer Science or related field, or equivalent work experience.
• 1-2 years of relevant professional experience or evidence of personal projects showing coding and problem solving.
• Strong programming skills (e.g., Python) and solid understanding of SDLC.
• Experience with big data technologies such as Spark, PySpark, Hadoop, and Hive.
• Experience with large-scale data sets and building user-facing applications using React/Angular/JavaScript.

Responsibilities

• Applying quantitative methods to develop capabilities that meet business and regulatory requirements.
• Understanding financial data: schemas, flow, size, data issues, data controls, etc.
• Building performant big data pipelines.
• Deliver high-quality code for model and testing processes.
• Collaborate with stakeholders across Bank to understand modeling and testing needs.
• Think outside the box to develop innovative approaches.
• Maintain and enhance capabilities to adapt to changing portfolios and risks.
• Source and evaluate data required for modeling and testing.
• Design, develop and implement models and tests.
• Produce clear technical documentation for models and tests.

Skills

Critical Thinking

Data Modeling

Process Effectiveness

Risk Modeling

Test Engineering

Influence

Oral Communications

Prioritization

Relationship Building

Written Communications

Attention to Detail

Change Management

Python

Pandas

Spark

PySpark

Hadoop

Hive

React

Angular

JavaScript

Education

Bachelor's degree in Computer Science

Tools

Python

Pandas

Spark

PySpark

Hadoop

Hive

React

Angular

JavaScript

Job description

Bank of America’s Global Risk Analytics team in Chicago is seeking a software-enabled risk analytics professional. You will design, build, test and implement scalable data tools and models to support risk management and regulatory needs.

You will work with modelers, risk managers and technologists to shape the data and analytics future, develop reusable components, and document processes for internal and regulatory purposes.