JOE Listings (Job Openings for Economists)
August 1, 2014 - January 31, 2015
Bank of America
Position Title/Short Description
Section: Full-Time Nonacademic
Location: Charlotte, North Carolina, UNITED STATES
JEL Classification: G -- Financial Economics
Bank of America
Full Text of JOE Listing:
Why choose a quantitative career at Bank of America? Did you know that Bank of America Merrill Lynch represents one of the most unique Quantitative Community of practices within the global financial services sector? This group is represented at the most senior levels across all sectors within the organization by an Executive Council dedicated to their career growth and maturity. As a Quant at Bank of America, you will work with more than 1200 of the finest minds in the world to take on global financial challenges and to pave the way for progress. Our Quantitative Community of Practice will give you the opportunity to build, value, and execute complex models and apply quantitative techniques / tools that provide early indicators of performance and real-time insight into the financial health of all of the customers and clients we serve.
The Balance Sheet Management (BSM) Division in Bank of America is looking to hire an economist/econometrician based in Charlotte, NC. The division is responsible for the efficient and proactive management of the entire balance sheet across the company. Our research has direct impacts on the bank’s strategies.
Successful candidates will join the quantitative analytics team and work with senior analysts on balance sheet and net interest income forecasting. This includes quantifying the sensitivity of the company’s balance sheet and earnings to movements in interest rates, applying economic theories to explain consumer /corporate behavior, and communicating the results to business partners.
You should have a PhD in economics or finance, with a focus on Econometrics and quantitative methods. You should have strong applied research ability, be able to identify research topics and apply your knowledge to real world problems.
This is a permanent role with competitive compensation. We expect a start date in the 1st half of 2015.