Quantitative Finance Analyst, Paris – Market Risk Validator

Bank of America Corporation; Paris; On-site; EUR 90,000 - 120,000; Full time

Benefits offered by this job

Health plan

Retirement plan

Medical plan

Employee assistance programme

Commuter pass reimbursement

Parental leave

Job summary

Bank of America Corporation in Paris is seeking a Quantitative Finance Analyst to join the Enterprise Model Risk Management (MRM) team. You will assess market risk models across EU entities, covering FRTB, VaR, IRC/CRM and stress testing, and contribute to the validation of new and existing models.

The role involves collaborating with model developers and validators, reviewing monitoring reports, performing end-to-end stress tests, and preparing analyses and regulatory responses to support

Qualifications

• Advanced degree in a technical field (math/physics/stats/financial math/Quant Finance/CS/engineering).
• Strong programming skills, especially Python.
• Excellent written and oral communication.
• Attention to detail, willingness to learn, and team collaboration.
• Some knowledge of market risk, instruments and pricing methodologies preferred.

Responsibilities

• Work in a team and collaborate with model developers and validators to perform full scope and limited change validations.
• Review monitoring reports and required actions items.
• Perform periodic model reviews.
• Prepare analyses, documentation, and responses to regulatory requests.
• Perform end-to-end market risk stress testing including scenario design and reporting.
• Support planning related to setting quantitative work priorities.
• Identify continuous improvements through reviews and feedback on model development/validation.
• Support model development and risk management in focus areas to meet business requirements.
• Provide guidance to challenge and influence development/validation strategies.
• Communicate submission and validation outcomes with stakeholders.
• Perform statistical analysis on large datasets and interpret results.

Skills

Python programming

Communication

Attention to detail

Team player

Market risk knowledge

Education

Advanced degree in a technical field (math/physics/stats/financial math/Quant Finance/CS/engineering)

Job description

Bank of America Corporation in Paris is seeking a Quantitative Finance Analyst to join the Enterprise Model Risk Management (MRM) team. You will assess market risk models across EU entities, covering FRTB, VaR, IRC/CRM and stress testing, and contribute to the validation of new and existing models.

The role involves collaborating with model developers and validators, reviewing monitoring reports, performing end-to-end stress tests, and preparing analyses and regulatory responses to support