Sr. 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 and overseeing common, reusable, and scalable software components which are either domain independent (e.g., generic data quality tools over billions of rows of data) or domain specific (e.g., 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 senior modelers, risk managers, and technologists to understand the current state and design the future state of data and analytics.
Responsibilities:
Seeks opportunities for consistent improvement in quality, efficiency, and processes
Partners effectively with senior stakeholders within Global Risk Analytics and Enterprise Independent Testing, Front Line Units, Technology, Audit and Compliance
Provides leadership and oversight to less experienced team members
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
Senior Quantitative engineers in Global Risk are responsible for designing and overseeing the implementation of common, reusable, and scalable software components. These components enable GRM’s data and analytical capabilities. These components can be domain independent (e.g., generic data quality tools over billions of rows of data) or domain specific (e.g., classification models for surveillance or testing framework for Global Markets processes). Senior Quantitative engineers work with senior modelers, risk managers, and technologists to understand the current state and design the future state of data and analytics. Senior Quantitative engineers have a combination of software engineering, big data, modeling and management skills and the ability to work across the entire spectrum of a big data stack – from data to logic to model to UI to UX.
Job Responsibilities:
Seek opportunities for consistent improvement in quality, efficiency, and processes
Partner effectively with senior stakeholders within GRA & EIT, Front Line Units, Technology, Audit and Compliance
Provide leadership and oversight to less experienced team members
Applying quantitative methods to develop capabilities that meet line of business, risk management and regulatory requirements
Understanding financial data: schemas, flow, size, data issues, data controls, etc.
Building performant big data pipelines
Use programming skills and knowledge of software development lifecycle principles to deliver high quality code for model and testing processes
Collaborate with key stakeholders across the Bank to understand modeling and testing business processes and requirements
Think outside the box of current industry standards to develop innovative approaches
Maintaining and continuously enhancing capabilities over time to respond to the changing nature of portfolios, economic conditions and emerging risks
Source and evaluate data required for modeling and testing
Design and develop and implement models and tests
Produce clear, concise and repeatable technical documentation models and tests for internal and regulatory purposes
Technical skills:
Software engineering: modular code, software lifecycle processes, unit testing, regression testing
Big data: distributed computing paradigms (e.g., mapreduce, dataframes, etc), optimizing distributed software
Modeling / quantitative: basic modeling techniques (regression, classification, clustering, etc.)
Soft Skills:
High level of intellectual curiosity
Experience implementing strategic process improvements and/or automation
Proven track record of building relationships and effectively influencing key stakeholders
Adept at detecting and remediating organizational / process weaknesses and deficiencies
Feels ownership and accountability for delivering high quality work, able to balance multiple priorities and meet strict deadlines
Strong written, verbal, presentation creation and delivery skills, typically to very senior audiences
Well organized with attention to detail
Willing to challenge the status quo and with a track record of driving change
Job Qualifications:
Bachelor’s degree in Computer Science, a closely related field, or a degree from a program where software engineering was a key focus or equivalent work experience
7+ years of relevant work experience
At least 7 years of relevant experience in software engineering in Quantitative Finance or other industries
Strong Programming skills (e.g., Python) and solid understanding of Software Development Life cycle principles
Proven track record of seamlessly leading and executing enterprise-wide initiatives
The candidate must be a strong communicator and able to effectively explain the rationale and details of the methodologies to a broad set of audiences that include key senior stakeholders across the Bank, as well as auditors and regulators
Strong analytical and problem-solving skills
Candidates should have at least three of the following skills:
Experience applying quantitative methods such as modelling, data analytics, machine learning, and statistics to develop business solutions
Experience with large scale data sets with structured or unstructured data
Experience in building user facing applications over large amounts of data using technologies like React, Angular, JavaScript etc.
Experience implementing process improvements and automation
Skills:
Critical Thinking
Data Modeling
Process Effectiveness
Risk Modeling
Test Engineering
Influence
Oral Communications
Prioritization
Relationship Building
Written Communications
Attention to Detail
Change Management
Minimum Education Requirement: Bachelor’s degree in related field or equivalent work experience
Shift:
1st shift (United States of America)Hours Per Week:
40Recommended Jobs
Part-Time Manager
Position Summary: A SPENGA manager is a positive, energetic, and efficient individual who warmly welcomes and takes care of members. We Offer: ~Commission opportunities ~Free employee membersh…
Registered Dental Hygienist
Kennedy and Limardi Family Dental - Temp Dental Hygienist Kennedy & Limardi Family Dental is looking for a professional, enthusiastic Registered Dental Hygienist to join our dynamic team. This is a …
Customer Service Representative
Job Summary: As a Customer Service Representative, your responsibilities include answering phone calls, texts, online chats, and emails from customers interested in buying a vehicle at your car dealer…
Kitchen Team Member
Join the Opening Team at Stationhouse Grill Great restaurants are built by great kitchen teams. Stationhouse Grill is looking for dependable, hardworking kitchen team members who take pride in pr…
PAYROLL AND BENEFIT SPECIALIST
PAYROLL AND BENEFIT SPECIALIST Originator: HR Department:Human Resources Summary/Objective Responsible for assisting in daily manufacturing and shipping requirements, quality concerns, employee …
Restaurant Server - Arrowhead Golf Club - Part-time
Deadline date: Open until filled The Company Arrowhead Restaurant and Bar sits on a stunning 27-hole golf course. Our restaurant and bar provides fresh and handcrafted American fare with a unique to…
Operations Manager - Service Delivery & Technical Solutions
FUCHS is the world's largest independent supplier of innovative lubrication solutions, covering almost every industry and application. Our products and solutions keep the world moving even though they…
Caregiver- Overnights/Evenings/Weekends
Become a HERO with Home Instead. You have been caring for people your whole life! Now it is time to be recognized for being a Hero in your Community! Home Instead provides a variety of services that a…
Travel Nurse - Registered Nurse - Cath Lab - $2527.2 / Week
Ventura MedStaff is seeking an experienced Cath Lab Registered Nurse for an exciting Travel Nursing job in Springfield, IL. Shift: 3x12 hr days Start Date: 09/14/2026 Duration: 13 weeks Pay: $2527.2 …
Client Services Manager / Engineering Manager (Water/Wastewater)
Job Description Job Description Employment Details: ~ Recognized Civil Infrastructure Consulting firm in the US & Canada ~100% employee owned ~ Full Benefits: Health, Vision, Dental, and 40…