Quantitative Operations Associate – Volume & Capacity Modeler-global Operations

Bank of America

Chicago, IL, United States
Base: $84,600.00 - $132,000.00 annualized; bonus/e...
Bachelor's degree in stem field
2+ years quantitative modeling experience
Time-series forecasting and simulation
This role focuses on developing strategic volume forecasting and capacity planning models to maintain optimal staffing levels across Global Operations

Job Summary

  • This role focuses on developing strategic volume forecasting and capacity planning models to maintain optimal staffing levels across Global Operations.
  • The position requires ensuring all models adhere to Model Risk Management (MRM) standards while partnering with Front Line Units for best-in-class outcomes.
  • Employees are eligible for an annual discretionary award based on individual performance and the overall success of the Company.

Matching Summary

This role focuses on developing strategic volume forecasting and capacity planning models to maintain optimal staffing levels across Global Operations.

Salary

Base: $84,600.00 - $132,000.00 annualized; Bonus/Equity: Discretionary incentive eligible; Benefits: Industry-leading benefits and paid time off

Skills & Requirements

Must-have

  • Bachelor's degree in STEM field
  • 2+ years quantitative modeling experience
  • Time-series forecasting and simulation
  • Discrete event simulation software
  • Optimization tools like CPLEX or GAMS
  • Python, R, SAS, or similar statistical software

Nice-to-have

  • Master's degree in relevant quantitative discipline
  • Prior banking industry analytics experience
  • Experience with Tableau data visualization
  • SQL/SAS data mining capabilities
  • Strong executive presentation skills

Key Requirements

  • Bachelor's degree in Statistics, Applied Economics, Industrial Engineering, Mathematics, Operations Research, Analytics, Finance or other STEM field
  • 2+ years of experience in quantitative roles modeling complex systems
  • Proficiency in MS Office Excel and statistical software

Work Rights

Not specified

Tailored Resume

Cover Letter