Senior Quant Analyst: AML Model Risk & Validation

Bank of America; Bromley; On-site; GBP 60,000 - 80,000; Full time

Job summary

A major financial institution located in Bromley, is seeking a Senior Quantitative Financial Analyst for AML Model Risk Validation. This role involves performing quantitative analytics and leading model development. Candidates should have advanced degrees in quantitative fields and a background in Anti-Money Laundering techniques. The successful candidate will benefit from competitive packages including private healthcare, pension plans, and flexible benefits.

Benefits

Private healthcare

Competitive pension plan

Flexible benefits including wellbeing account

Qualifications

• Ability to conduct quantitative analytics and complex modelling projects.
• Experience in model development and validation is preferred.
• Strong analytical abilities with statistical methods and financial data.

Responsibilities

• Perform end-to-end market risk stress testing.
• Lead quantitative work priorities in line with the bank's strategy.
• Analyze stress scenario results to understand key drivers.

Skills

Proven and diversified quantitative skills

Familiarity with Anti-Money Laundering techniques

Knowledge of regulatory landscape including model risk management

Proficiency in Python

Proficient in SAS and SQL

Excellent communication skills

Critical thinking

Education

Advanced degree (PhD or Masters) in Mathematics, Finance, Economics, or related field

Job description

A major financial institution located in Bromley, is seeking a Senior Quantitative Financial Analyst for AML Model Risk Validation. This role involves performing quantitative analytics and leading model development. Candidates should have advanced degrees in quantitative fields and a background in Anti-Money Laundering techniques. The successful candidate will benefit from competitive packages including private healthcare, pension plans, and flexible benefits.