Quantitative Operations Associate – Volume & Capacity Modeler-global Operations

Bank of America Merrill Lynch

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

Job Summary

  • The role focuses on developing strategic volume forecasting and capacity planning models to maintain optimal staffing levels across Global Operations.
  • Candidates must possess strong quantitative skills including time-series forecasting, simulation modeling, and optimization techniques to drive operational efficiency.
  • Employees are eligible for an annual discretionary award based on individual performance and the overall success of the company.

Matching Summary

The 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: Discretionary incentive eligible; Benefits: Industry-leading benefits and paid time off included

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 SAS OR or CPLEX

Nice-to-have

  • Master's degree in relevant discipline
  • Prior banking industry analytics experience
  • Data visualization with Tableau
  • SQL/SAS data mining skills
  • Experience adhering to Model Risk Management standards

Key Requirements

  • Bachelor's degree in Statistics, Mathematics, or related STEM field
  • Minimum 2 years of experience in quantitative roles
  • Proficiency in statistical software such as Python, R, or SAS

Work Rights

Not specified

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