OneMain Financial Jobs

DUTIES: Develop inflation tools and analytics. Perform end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyze stress scenario results to better understand key drivers. Support the methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk. Work closely with model stakeholders and senior management with regard to communication of submission and validation outcomes. Perform statistical analysis on large datasets and interpret results using both qualitative and quantitative approaches. Develop new financial models, analytics and tools to support the linear rates derivatives. Integrate financial models into Firm systems. Tactically support risk and pricing activities on the rates trading desks. Remote work may be permitted within a commutable distance from the worksite. REQUIREMENTS: Master's degree or equivalent in Financial Engineering, Statistics, Economics, Finance, or related: and 3 years of experience in the job offered or a related Quantitative occupation. Must include 3 years of experience in each of the following: Utilizing current modeling and data science principals including time-series analysis, and machine learning to develop alpha generating trading strategies; Applying advanced statistical techniques to large financial datasets, integrating both quantitative and qualitative insights into fixed income markets; Supporting independent model validation and regulation exam activities in accordance with internal policies and alignment with applicable regulatory guidelines, including CCAR/DFAST protocols; Developing and evaluating quantitative modelling and analytics projects for pricing and risk managing inflation derivatives; Utilizing Python, including asynchronous programming, type hinting, structural pattern matching, and data classes to design, implement, and optimize scalable interest rate modeling frameworks that support real-time risk analytics, scenario simulations, and pricing of portfolio of interest rates and inflation derivatives; and, Using Modern C++, with expertise in concepts, ranges, coroutines, smart pointers, STL, and template metaprogramming to develop high-performance, memory-safe quantitative libraries and interest rate model engines that enable efficient calibration, simulation, and pricing of complex interest rates and inflation derivatives. Salary: $225,000 - $235,000/year. Job Site: New York, NY. Req# 26009239. If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com & reference the job title of the role & requisition number. No phone calls. EOE.