JOE - October 2008

Bank of America

Sr. Risk Loss Modeler - Home Equity Risk

Status Update: Suspended

JOE ID Number: 20081002101
Section: 5: Full-Time Nonacademic
Title/Short Description: Sr. Risk Loss Modeler - Home Equity Risk

JEL Classifications:
G2 - Financial Institutions and Services

Locations:
Charlotte, NC USA
 


Full Text of JOE Listing:

This position will participate in the maintenance and development of all major aspects of statistical, econometric and financial models for our Home Equity business. In addition to 2-5 years of model development experience the candidate will be expected to understand technical issues associated with financial and statistical modeling, and apply these skills to solve business problems. The candidate will be responsible for performing complex analysis and modeling related to default and loss forecasting. Solid research skills are expected. Key words: econometrics, logistic regression, competing risks, and time series.

Required Skills:
2-3 years SAS and SQL with predictive modeling experience.
Ability to communicate effectively and influence others to drive results.
Understands statistical modeling and methodologies.
Candidate must possess the ability to manage multiple projects in a deadline-driven environment.
Knowledge of and experience with large relational databases a definite plus.
Ability to prepare and articulately present crisp summaries to senior management.
Masters degree in Economics, Statistics, Finance, Mathematics or related discipline.

Desired Skills:
Understanding of Home Equity P&L business drivers.
Knowledge of statistics, the design of experiments, and advanced data mining techniques.
PhD in Economics, Statistics, Finance, Mathematics or related discipline.





Application Instructions:

All applicants must apply via http://careers.bankofamerica.com/overview/overview.asp and by entering Requsition # "0800045509"


Online Application URL: http://careers.bankofamerica.com/overview/overview.asp
Note: This employer requires online Application.