Bank of America Corporation
Bank of America
Capacity Modeling - Operations Research Analyst II
Charlotte, NC, 28230, USA
Line of Business Specific Job Description:
• Responsible for developing and delivering resource optimization models for Shared Services Operations environment.
• Responsible for identifying data requirements and gathering data through automated or manual techniques to support resource optimization models.
• Will use resource optimization models to answer business questions, support process improvements, and direct financial forecasting.
Additional responsibilities of this position based on experience will include:
• Analysis of volume detail and trends to support volume forecasting, resource modeling, and cost allocation processes.
• Development and documentation of data sources in support of expanding business knowledge.
• Use of mathematics, statistical methods, engineering methods, operations research techniques (linear programming, game theory, probability theory, symbolic language, etc.) and other principles and laws of scientific and economic disciplines to solve ad-hoc problems and analysis.
• Development of Activity Base Costing models in order to support unit cost analysis and to calculate benefits of improvement projects.
• Analyzes actual and predictable interacting operational activities of a business system to obtain quantitative, rational basis for decision making through the application of logic and scientific or economic disciplines and techniques.
• Work on usually complex technical problems and provides solutions which are highly innovative and ingenious.
Enterprise Specific Job Description:
Analyzes actual and predictable interacting operational activities of a business system to obtain quantitative, rational basis for decision making through the application of logic and scientific or economic disciplines and techniques. Devises modeling and measuring techniques; utilizes mathematics, statistical methods, engineering methods, operations research techniques (linear programming, game theory, probability theory, symbolic language, etc.) and other principles and laws of scientific and economic disciplines. Applies extensive technical expertise, and has full knowledge of other related disciplines. Works on usually complex technical problems and provides solutions which are highly innovative and ingenious. Work is performed without appreciable discretion. Exercises considerable latitude in determining technical objective of assignment. Completed work is reviewed from a relatively long-term perspective, for desired results. Guides the successful completion of major programs and may function in a project leadership role. Erroneous decisions or recommendation would typically result in failure to achieve major organizational objectives. Represents the organization as the prime technical contact on contracts and projects. Interacts with senior external personnel on significant technical matters often requiring coordination between organizations. Associates typically have advanced degree in Operations Research/Industrial Engineering/Applied Mathematics with a minimum of 2 years related experience. Experience with modeling languages like OPL-Studio, AMPL or GAMS. Experience with discrete event simulation software such as Arena/SIMAN, Extend, ProModel or iGrafx. Experience in C/C , Visual Basic Applications (VBA).
Bachelor's degree in engineering, business, economics, mathematics or related field
Minimum two years professional experience doing analysis of operations environments focused on improving results, providing decision support, process optimization, data analysis, or resource planning
Advanced Proficiency with MS Excel
Strong oral and written communication skills
Advanced degree in engineering, business, operations research, mathematics or related field
Experience with modeling, simulation, or statistical tools like Arena, CPLEX, Gurobi, Data Robot, R, Python
Experience with data mining and data visualization tools like Tableau, Microstrategy, Cognos, SAS, SQL, MS Visual Studio, Hadoop
Ability to communicate complex concepts and deliver business recommendations to executive leadership
Ability to work successfully in teams, be self-directed, and coordinate projects across a matrix organization
Experience in financial services industry
**Posting Date** : 02/12/2018
Chandler, AZ, Building D, 2505 W CHANDLER BLVD,
Jacksonville, FL, BANK OF AMERICA OFFICE PARK, 9000 SOUTHSIDE BLVD BLDG 300,
Charlotte, NC, GATEWAY VILLAGE, 800 W TRADE ST,
Fort Worth, TX, 4200 AMON CARTER BLVD (TX2980),
Addison, TX, BUILDING I, 16001 N DALLAS PKWY,
Richmond, VA, VILLA PARK OPS CENTER BLDG C, 8001 VILLA PARK DR,
- United States
**Travel** : Yes, 10% of the time
**Full / Part-time** : Full time
**Hours Per Week** : 40
**Shift** : 1st shift
**Assistance for Applicants with Disabilities**
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**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.
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Bank of America Corporation
Website : http://www.bankofamerica.com
Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. The companys Consumer & Business Banking segment offers traditional and money market savings accounts, CDs and IRAs, checking accounts, and investment accounts and products, as well as credit and debit cards; and lending related products and services, working capital management, and treasury solutions. This segment provides its products and services through operating 5,100 banking centers, 16,300 ATMs, call centers, and online and mobile banking platforms. Its Consumer Real Estate Services segment offers consumer real estate products comprising fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit, and home equity loans. The companys Global Wealth & Investment Management segment provides investment and brokerage, estate and financial planning, fiduciary portfolio management, cash and liability management, and specialty asset management services; and retirement and benefit plan, philanthropic management, and asset management services. Its Global Banking segment provides various commercial loans, leases, commitment facilities, trade finance, real estate and asset-based loans, and consumer loans; treasury management, foreign exchange, and short-term investing options; and debt and equity underwriting and distribution, and merger-related and other advisory services. The companys Global Markets segment offers sales and trading services for securities and derivative products in primary and secondary markets; market-making, financing, securities clearing, settlement, and custody services to institutional investor clients; and risk management products. The company was founded in 1874 and is based in Charlotte, North Carolina.