Capacity Planner

Capacity PlannerCharlotte, North Carolina;Raleigh, North Carolina; Newark, Delaware; Addison, Texas; Phoenix, ArizonaJob Description:Description & Responsibilities:Global Operations Data Management and Analytics team is looking for a motivated individualwith strong quantitative skills and experience in simulation modeling, operations research, andanalytics. This individual will be responsible for developing and maintaining advanced strategiccapacity models that predict operational resource demand and providing recommendations tokey stakeholders. In addition, the position will assist with efforts to ensure the capacity modelsadhere to Model Risk Management (MRM) standards. The ideal candidate will have a keen eyefor detail, a strong sense for modeling complex operational systems, and excellent verbal andwritten communication skillsResponsible for developing and modernizing capacity and resource optimization modelsusing advanced simulation and optimization techniquesEvaluating new opportunities and implementing changes for current capacity modelinputs, processes, and outputsDesign and implement efficiency metrics and insights to provide guidance to theoperations and drive budgeting and business decisionsAssist in driving capacity modeling consistency and innovation across teamRoutinely partner with the Front Line Units (FLUs) to generate best in class outcomes Help with documentation and other efforts to adhere to Model Risk Management (MRM)guidelinesRequired Skills:Bachelor’s degree in Industrial Engineering, Mathematics, Statistics/Applied Economics,Operations Research, Advanced Analytics, or other STEM field2+ years of experience in quantitative roles modeling complex systems Experience with Arena or similar discrete event simulation softwareExperience with SAS OR, GAMS, XPRESS, CPLEX, or similar optimization softwareProficient in MS OfficeAbility to work in a team-oriented environment with strong aptitude for problem solvingand collaborationStrong communication and interpersonal skills - specifically the ability to communicatecomplex ideas in a clear and concise manner to key stakeholdersNatural curiosity and drive to answer important business questionsHigh aptitude for self-motivation and self-determined project work in a fast-paced andrapidly changing environmentDesired Skills:Master’s degree in Industrial Engineering, Mathematics, Statistics, Applied Economics,Operations Research, Advanced Analytics, or other STEM fieldPrior capacity or financial planning/modeling experienceTableau or other data visualization software experienceData mining experience using SQL/SAS queryingProficient in Arena or similar discrete event simulation softwareProficient in SAS OR, GAMS, XPRESS, CPLEX, or similar optimization softwareExperience with SAS, Python, R, or similarPrior Banking industry analytics and modeling experience, specifically with developingcapacity or resource optimization models that adhere to standards set by a riskmanagement governing bodyEnterprise Role Overview:Responsible for developing quantitative/analytic models and applications in support of the firm'srisk management effort. This role focuses on the development of operations/data managementpolicies, strategies and operational guidelines for the organization's various financial productsas they relate to the analysis, tracking, and reporting of various risk metrics. This role oftenpossesses an advanced degree in physics, applied mathematics, statistics/probability oranother heavy quantitative discipline. Quantitative analytic staff is focused on and responsiblefor the development of the theory and mathematics behind various models. IndividualContributor and reports to Quant Operations Manager.Job Band:H5Shift:1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:0Job Description:Description & Responsibilities:Global Operations Data Management and Analytics team is looking for a motivated individualwith strong quantitative skills and experience in simulation modeling, operations research, andanalytics. This individual will be responsible for developing and maintaining advanced strategiccapacity models that predict operational resource demand and providing recommendations tokey stakeholders. In addition, the position will assist with efforts to ensure the capacity modelsadhere to Model Risk Management (MRM) standards. The ideal candidate will have a keen eyefor detail, a strong sense for modeling complex operational systems, and excellent verbal andwritten communication skillsResponsible for developing and modernizing capacity and resource optimization modelsusing advanced simulation and optimization techniquesEvaluating new opportunities and implementing changes for current capacity modelinputs, processes, and outputsDesign and implement efficiency metrics and insights to provide guidance to theoperations and drive budgeting and business decisionsAssist in driving capacity modeling consistency and innovation across teamRoutinely partner with the Front Line Units (FLUs) to generate best in class outcomes Help with documentation and other efforts to adhere to Model Risk Management (MRM)guidelinesRequired Skills:Bachelor’s degree in Industrial Engineering, Mathematics, Statistics/Applied Economics,Operations Research, Advanced Analytics, or other STEM field2+ years of experience in quantitative roles modeling complex systems Experience with Arena or similar discrete event simulation softwareExperience with SAS OR, GAMS, XPRESS, CPLEX, or similar optimization softwareProficient in MS OfficeAbility to work in a team-oriented environment with strong aptitude for problem solvingand collaborationStrong communication and interpersonal skills - specifically the ability to communicatecomplex ideas in a clear and concise manner to key stakeholdersNatural curiosity and drive to answer important business questionsHigh aptitude for self-motivation and self-determined project work in a fast-paced andrapidly changing environmentDesired Skills:Master’s degree in Industrial Engineering, Mathematics, Statistics, Applied Economics,Operations Research, Advanced Analytics, or other STEM fieldPrior capacity or financial planning/modeling experienceTableau or other data visualization software experienceData mining experience using SQL/SAS queryingProficient in Arena or similar discrete event simulation softwareProficient in SAS OR, GAMS, XPRESS, CPLEX, or similar optimization softwareExperience with SAS, Python, R, or similarPrior Banking industry analytics and modeling experience, specifically with developingcapacity or resource optimization models that adhere to standards set by a riskmanagement governing bodyEnterprise Role Overview:Responsible for developing quantitative/analytic models and applications in support of the firm'srisk management effort. This role focuses on the development of operations/data managementpolicies, strategies and operational guidelines for the organization's various financial productsas they relate to the analysis, tracking, and reporting of various risk metrics. This role oftenpossesses an advanced degree in physics, applied mathematics, statistics/probability oranother heavy quantitative discipline. Quantitative analytic staff is focused on and responsiblefor the development of the theory and mathematics behind various models. IndividualContributor and reports to Quant Operations Manager.Shift:1st shift (United States of America)Hours Per Week:40Learn more about this roleFull timeJR-22033280Band: H5Manages People: NoTravel: Yes, 5% of the timeManager:Talent Acquisition Contact:Thomas Hall [C]Referral Bonus:0Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf) .Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .