Quantitative Finance Analyst-Enterprise Capital Mgmt. : 1200006542 Job Details
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Show me jobs like this one| Employer: | Bank of America | Job Ref No: | 1200006542 | Job Title: | Quantitative Finance Analyst-Enterprise Capital Mgmt. : 1200006542 | Sector: | Asset Management | Sub Sector: | Other | Risk Type: | Regulatory/Compliance | Expertise: | Risk Manager | The primary responsibility of Capital Reporting and Analytics/Enterprise Capital Management team is to maintain, and communicate the results of the Bank's economic capital models. These models estimate the capital required by the risks of the Bank's activities. Economic capital is the basis used to calculate Risk Adjusted Return on Capital, or RAROC, which is used in organizational, customer, and product profitability; pricing models; strategic planning; and portfolio management initiatives. Capital Reporting and Analytics (CR&A) value to business partners by evaluating the risk-reward relationship of their clients, products, and activities. In addition to economic capital, the team provides leadership of the Bank's implementation of the Basel II regulatory capital framework. In this role, CR&A assists Basel II teams within the Bank on implementation of those rules; and provides key quantitative inputs to the calculation of Basel II capital. CR&A team is looking for a Quantitative Finance Analyst that is responsible for supporting one or more of the production workstreams: monthly analysis and reporting of capital results and several projects related to the Basel II regulatory capital regime. This position is for very hands on associate who seeks to understand the company's balance sheet and regulatory capital requirements. To be successful this individual will require a thorough understanding of the Basel 2 requirements and the ability to interface with the various business units and operation areas. General Responsibilities
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| Region/Country: | Americas, United States | States/Counties: | North Carolina | City: | NEW YORK | Address: | Post Date: | 02/09/2012 |
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