Corp Inv Sr Quant Fin Analyst : 0900027497

Description

Bank of Americas Corporate Investments Group is seeking a highly skilled Sr Statistician/Econometrician to join our quantitative finance team in Atlanta, GA. The Corporate Investments Group (CIG) manages a discretionary mortgage portfolio of approximately $400 billion and a balance sheet of $1.5 trillion. The Quantitative wing of CIG is responsible for model development, implementation, and reporting. These models drive the valuation of mortgage servicing, mortgage-backed securities and whole loan portfolios. Additionally, CIG provides analytics for a wide range of processes, including: trading decisions, primary mortgage pricing and rate setting, credit loss forecasting, business strategy and ad hoc financial decisions at the highest level of the Bank.

We write all our own code using predominantly Perl and C++. Our work is fast-paced and intellectually challenging, and we interact daily with traders, mathematicians, and senior bank management to improve our models and adapt to changing market needs. We have a fun atmosphere with casual dress, daily chess puzzles, and unlimited opportunities to learn finance as well as to challenge your technical skills. No in depth knowledge of finance is necessary for this position, but willingness and aptitude for learning is.

The candidate will join the Quantitative Analysis team and be responsible for assisting in the design, implementation, and fitting of the groups prepayment and credit models. 

Qualifications
Required:

PhD or strong masters with experience (statistics and/or econometrics)

Solid statistics theory

Solid economic theory and intuition

Strong programming skills in R/S-Plus (50%) and SAS (50%)

Unix or Linux experience

Experience with very large data sets.

Strong desire to work individually and with the group on complex problem solving that will not be a purely statistical role, but will involve all quantitative skills.

Ability to work in a time sensitive, market driven environment

Strong attention to detaill

Preferred:

Programming experience in SQL, Perl, C++, or willingness to learn

Experience using MS Excel for Windows or Mac

Strong mathematical skills, especially coursework or experience in financial theory, economics, derivatives pricing, or stochastic calculus

Experience with credit card, mortgages, mortgage credit, derivatives, fixed income.