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Economist

Bank of America


Location:
Charlotte, NC
Date:
05/23/2017
Job Code:
bankofamerica-16056258CharlotteNC
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Job Details

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Company Bank of America

Job Title Economist

Jobid bankofamerica-16056258CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**



Conducts economic studies, interprets trends, and develops economic forecasts.



Bank of America's Economic Scenario Development Team is seeking a Sr. US Economist/Econometrician. The Economic Scenario Development Team is responsible for econometric modeling and scenario generation to support CCAR, stress testing, and other enterprise risk management activities. The current model coverage includes U.S. national macro-economic models, U.S. regional macro-economic models, International models, FX models, interest rates and other financial market variable models.

As part of the Economic Scenario Development Team, the candidate will be responsible for economic theory support, model prototyping and testing, verbal and written communication, economic scenario review, narrative, and documentation. Our work is fast-paced and intellectually challenging, and we interact daily with quantitative modelers, and senior bank management to improve our models and adapt to changing business needs. Previous econometric modeling experience is desirable but not required for this position, but excellent communication and aptitude for learning is.



Qualifications

Required Skills:

PhD in Economics, Econometrics or equivalent, with a quantitative focus and/or experience;

Extensive economic theory and intuition;

Knowledge of financial markets, CCAR and stress testing;

Experience in econometric modeling through employment, PhD studies or both, especially pertaining to US macroeconomics, interest rates, and financial markets

Solid statistics theory;

Strong desire to work individually and with a group on complex problem solving;

Strong attention to detail;

Excellent verbal and written communication skills

Desired Skills:

2+ years Sr. economist experience in a major financial institution;

Programming skills in SAS, R, S, Matlab or equivalent;

Willingness to apply economic theory to stress testing models and help interpret model outcomes;

Ability to work in a time sensitive, market driven environment



**Posting Date** : 12/21/2016



**Location** : US-NC-Charlotte



**Travel** : Yes, 5% of the time



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.



Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


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