Global Markets, Quantitative Finance Analyst

Bank of America; Jersey City (NJ); Presencial; USD 100.000 - 225.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Industry-leading benefits

Discretionary bonus

Descripción de la vacante

Bank of America in Jersey City, NJ, is seeking a Market Data & Analytics professional to design and implement market data frameworks, risk analytics solutions, and technology platforms supporting VaR, SVaR, FRTB, and stress testing.

You will collaborate with Risk, Front Office, Quantitative, and Technology teams to deliver scalable data and analytics capabilities across risk platforms in a fast-paced environment.

Formación

• Bachelor's degree or higher in a quantitative field.
• 2+ years in Market Risk, Market Data, or related disciplines.
• Strong knowledge of VaR and risk measurement concepts.
• Proficiency in Python, SQL, Excel or similar analytical tools.
• Excellent communication and stakeholder management skills.

Conocimientos

Python

SQL

Excel

Stakeholder management

Communication

Educación

Bachelor's degree

Master's degree

Herramientas

SQL

Excel

Descripción del empleo

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact.

Job Description

The Market Data & Analytics (MDA) team develops innovative market data, quantitative analytics, and technology solutions that support Global Markets risk measurement, regulatory capital, and strategic business initiatives. The team operates at the intersection of quantitative finance, market data, and technology, delivering scalable solutions that enable accurate risk factor representation, data management, and analytical capabilities across the firm's risk platforms. Working closely with Market Risk Methodology, Risk Managers, Front Office partners, and Technology teams, the successful candidate will contribute to the design, implementation, and enhancement of market data frameworks, risk analytics solutions, and technology platforms supporting VaR, SVaR, FRTB, Stress Testing, and other market risk initiatives.

Requirements

• Design and enhance market data and risk factor frameworks supporting market risk, regulatory capital, and quantitative analytics initiatives.
• Develop solutions for the construction, management, and optimization of historical market data and quantitative time series across multiple asset classes.
• Partner with business and technology stakeholders to define requirements, data architecture, and strategic solutions for market risk platforms.
• Analyze complex market data challenges and develop innovative approaches for risk factor representation, proxy methodologies, data transformations, and analytical modeling.
• Drive automation, process reengineering, and platform modernization initiatives to improve scalability, efficiency, and data accessibility.
• Support the implementation, testing, and rollout of market risk models, regulatory capital initiatives, and technology enhancements.
• Perform quantitative analysis and impact assessments related to market data changes, new products, regulatory developments, and business initiatives.
• Collaborate across Risk, Front Office, Quantitative, and Technology teams to deliver innovative solutions for complex market risk and data challenges.

Qualifications

• Bachelor's degree required; Master's degree preferred in Finance, Financial Engineering, Mathematics, Statistics, Computer Science, Engineering, or a related quantitative discipline.
• 2+ years of experience in Market Risk, Market Data, Quantitative Analytics, Risk Technology, Financial Engineering, or related disciplines.
• Strong understanding of financial markets, risk factors, and market risk concepts, including VaR and related risk measurement methodologies.
• Experience with data analysis, quantitative problem solving, and technology-enabled solutions; proficiency in Python, SQL, Excel, or similar analytical tools is preferred.
• Strong communication, analytical, and stakeholder management skills with the ability to work effectively in a fast-paced and collaborative environment.

Shift

1st shift (United States of America)

Hours Per Week

40

Pay Transparency

Pay range $100,000.00 - $225,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible. This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Privacy Statement

https://careers.bankofamerica.com/en-us/privacy-notice