Job Description :
BACJP00144774
Data Consultant V
New York
Note : Overall 5+ Years of IT experience
4+ Years of experience in C++, Java, Python
Degree from a quantitative discipline, such as Computational/Quantitative Finance , Statistics, Financial Engineering, Operations Research and Applied Math; Good school a plus;
Basic knowledge of fixed income finance and option pricing. Knowledge of stochastic finance and credit derivative is a plus;
1-2 years’ experience in high pressure working environment within a financial institute. Ability to multitask; will consider good graduates.
Excellent Excel skills and SQL. C++, Python a plus;
Good communication skills. Responsibilities
Manage the process which computes Risk, P/L Explain market risk scenarios, and general ledger feeds for the Credit, Structured Credit, Public Finance, Mortgage Derivatives and Distressed businesses at Bank of America Merrill Lynch.
Optimize the process to ensure that all data is provided on time to trading desks, Market Risk, Credit Risk and the sub ledger.
Ensure that new books and desks are added to the process as required. Respond to Middle Office requests during U.S. business day. Support trading desk, middle office and other business partners’ queries as they arise.
Participate in deployments, migrations, process announcements, release management, and automation of processes, and ensure that all service level agreements are met. Monitor operations to detect issues and create processes. Interact regularly with users.
Configure, execute and maintain the processes required for critical regulatory reporting projects, mandated by Federal Reserve.
Liaise with the offshore team for daily handover and ensure that the offshore team is aware of all changes.