Quantitative Engineer

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!

This job is responsible for designing, developing, testing and implementing common, reusable, and scalable software components which are either domain independent (generic data quality tools over billions of rows of data) or domain specific (classification models for surveillance or testing framework for Global Markets processes). Key responsibilities include enabling Global Risk Management's data and analytical capabilities. Job expectations include working with modelers, risk managers, and technologists to understand the current state and design the future state of data and analytics.

Applies quantitative methods to develop capabilities that meet line of business, risk management and regulatory requirements Understands financial data: schemas, flow, size, data issues, data controls, etc. Builds performant big data pipelines Uses programming skills and knowledge of software development lifecycle principles to deliver high quality code for model and testing processes Collaborates with key stakeholders across the Bank to understand modeling and testing business processes and requirements Thinks outside the box of current industry standards to develop innovative approaches Maintains and continuously enhances capabilities over time to respond to the changing nature of portfolios, economic conditions and emerging risks Global Risk Analytics (GRA) is a sub-line of business within Global Risk Management (GRM), responsible for developing a consistent and coherent set of models, analytical tools, and tests for effective risk and capital measurement, management and reporting across Bank of America. GRA partners with the Lines of Business and Enterprise functions to ensure the capabilities it builds address both internal and regulatory requirements, and are responsive to the changing nature of portfolios, economic conditions, and emerging risks. In executing its activities, GRA drives innovation, process improvement and automation.  Job Profile Summary: This job is responsible for building subject matter expertise in bank processes - including underlying data, flows, and controls - and driving the technology evolution in those processes including designing and implementing technical solutions leveraging modular, reusable software components to enhance Global Risk Management’s (GRM) data, testing, and analytical capabilities.  Key responsibilities include collaborating with process owners, risk managers, and