Quantitative Engineer at Bank of America | GB | Rezi

Quantitative Engineer at Bank of America

Quantitative Engineer

Bank of America · GB

2 days ago

Quantitative Engineer

Bank of America · GB

2 days ago
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About the Role

Quantitative engineers in Global Risk are responsible for designing and implementing common, reusable, and scalable software components that enable GRM’s data and analytical capabilities. These components can be domain independent or specific, and quantitative engineers work with modelers, risk managers, and technologists to understand and design data and analytics.

Responsibilities

  • 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
  • Using programming skills and knowledge of software development lifecycle principles to deliver high quality code for model and testing processes
  • Collaborating with key stakeholders across the Bank to understand modelling and testing business processes and requirements
  • Thinking 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
  • Sourcing and evaluating data required for modelling and testing
  • Designing, developing, and implementing models and tests
  • Producing clear, concise, and repeatable technical documentation for models and tests for internal and regulatory purposes

Requirements

  • 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
  • Several years relevant professional experience or evidence of personal projects and endeavors that show a passion for coding and problem solving.
  • Strong Programming skills (e.g., Python) and solid understanding of Software Development Life cycle principles
  • Strong analytical and problem-solving 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
  • Strong Python development skills (including Pandas and related data-processing libraries).
  • Experience with big data technologies such as Spark, PySpark, Hadoop, and Hive.

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
  • Modelling / quantitative: basic modelling techniques (regression, classification, clustering, etc)
  • Python
  • Pandas
  • Spark
  • PySpark
  • Hadoop
  • Hive
  • React
  • Angular
  • JavaScript
  • Global Risk Management experience

Location

  • Bromley

Work Type

  • Full-time

Experience Level

  • Up to Vice President

Education Level

  • Bachelor’s degree in Computer Science or related field

Benefits

  • Private healthcare for you and your family plus an annual health screen
  • Competitive pension plan, life assurance, and group income protection cover
  • 26-weeks paid maternity leave
  • 16-weeks paid paternity leave
  • Inclusive family leave arrangements for working parents and carers
  • 20 days of back-up childcare including access to school holiday clubs
  • 20 days of back-up adult care per annum
  • Ability to change core benefits
  • Option of selecting a variety of flexible benefits
  • Access to a well-being account
  • Travel insurance
  • Critical illness cover
  • Cycle to work scheme
  • Use of a flex fund to use towards benefits
  • Access to an emotional wellbeing helpline
  • Virtual GP services
  • Access to the Peppy App which provides 1:1 support, consultations and resources relating to men’s health, women’s health, fertility, menopause, and pregnancy & parenthood.
  • Access to a range of gyms, exercise classes, and wellbeing Apps through Wellhub, including Headspace and Calm
  • Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.
  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area.

About the Company

  • At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.
  • One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
  • Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
  • Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
  • Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

Equal Opportunity

  • We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religious or similar philosophical belief, political opinion, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.
  • We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.