Bank of America

ASO/VP - Quant Strategist, Credit

Bank of America

New York, NY, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

At Bank of America, we are looking for a highly skilled and driven individual to join our team as an ASO/VP - Quant Strategist, Credit. In this role, you will be responsible for developing and implementing quantitative strategies to optimize credit risk management for our clients. We are seeking a candidate with a strong analytical mindset and a deep understanding of credit risk principles. If you are passionate about utilizing data and technology to drive business decisions and have a strong background in credit risk management, we encourage you to apply for this exciting opportunity at Bank of America.

  1. Develop and implement quantitative strategies to optimize credit risk management for clients.
  2. Conduct in-depth analysis of credit risk data and identify areas for improvement.
  3. Utilize data and technology to drive business decisions and improve credit risk management processes.
  4. Collaborate with cross-functional teams to develop and implement credit risk solutions.
  5. Stay updated on industry trends and best practices in credit risk management.
  6. Communicate complex quantitative concepts and findings to various stakeholders, including senior management.
  7. Monitor and evaluate the performance of credit risk strategies and make recommendations for enhancements.
  8. Ensure compliance with regulatory requirements and internal policies related to credit risk management.
  9. Contribute to the development of credit risk models and tools.
  10. Mentor and train junior team members on quantitative analysis techniques and credit risk management principles.
Where is this job?
This job is located at New York, NY, USA
Job Qualifications
  • Extensive Knowledge Of Quantitative Analysis: A Successful Aso/Vp - Quant Strategist, Credit At Bank Of America Should Possess A Deep Understanding Of Quantitative Analysis, Including Statistical Modeling, Risk Management, And Financial Modeling. This Knowledge Is Vital In Developing And Implementing Credit Strategies For The Bank.

  • Strong Analytical Skills: As A Quant Strategist, Credit, One Must Be Able To Analyze Large Amounts Of Data And Draw Meaningful Insights To Inform Credit Strategies. This Requires Excellent Quantitative And Analytical Skills, Including Proficiency In Programming Languages Such As Python, R, Or Sql.

  • Financial Industry Experience: Bank Of America Is A Leading Financial Institution, And The Ideal Candidate For This Role Should Have At Least 5-7 Years Of Experience In The Financial Industry. This Experience Should Include Working With Credit Products, Developing Credit Strategies, And Implementing Risk Management Measures.

  • Risk Management Expertise: As A Key Member Of The Credit Team, An Aso/Vp - Quant Strategist, Credit Should Have A Strong Understanding Of Risk Management Principles And Practices. This Includes Familiarity With Regulatory Requirements, Stress Testing, And Credit Risk Assessment Methodologies.

  • Teamwork And Collaboration: Bank Of America Values Teamwork And Collaboration, And The Ideal Candidate For This Role Should Be Able To Work Effectively In A Team Environment. This Includes Strong Communication Skills, The Ability To Build Relationships With Stakeholders, And A Willingness To Share Knowledge And Insights With Colleagues.

Required Skills
  • Risk Management

  • Financial Reporting

  • Market Research

  • statistical analysis

  • Financial Modeling

  • Quantitative Analysis

  • Financial forecasting

  • Data Interpretation

  • Portfolio optimization

  • Credit Market Knowledge

  • Macro And Microeconomics

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a ASO/VP - Quant Strategist, Credit in New York, NY, USA is $150,000 - $250,000 per year. However, this can vary depending on the specific company, years of experience, and other factors. It is best to research the specific job posting and company for a more accurate salary range.

Additional Information
Bank of America is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedMarch 26th, 2025
Apply BeforeJune 21st, 2025
This job posting is from a verified source. 

Apply with Video Cover Letter Add a warm greeting to your application and stand out!

About Bank of America

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.

Frequently asked questions

Get interviewed today!

JobzMall is the world‘ s largest video talent marketplace.It‘s ultrafast, fun, and human.

Get Started