Lead Quantitative Finance & Risk Models Manager

Bank of America; Jersey City (NJ); On-site; USD 160,000 - 227,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Annual discretionary plan

Benefits eligible

Job summary

Bank of America in Jersey City is seeking a lead quantitative analytics professional to develop and validate models for risk and regulatory purposes. You will guide risk teams, oversee model governance, and coordinate with stakeholders to ensure rigorous documentation and audit readiness.

Ideal candidates bring 5–10 years in risk/finance, strong Python/Excel/SQL skills, and proven leadership with excellent communication abilities.

Qualifications

• Master’s degree or equivalent work experience.
• 5–10 years of experience in Risk/Finance or related discipline.
• Experience with Python, Excel, and SQL scripting.
• Strong documentation skills.

Responsibilities

• Leads a quantitative team with model coverage of specified focus areas and oversees stakeholder engagement.
• Sets priorities related to quantitative modeling in line with the bank’s strategy.
• Identifies continuous improvements through reviews of approval decisions and documentation feedback.
• Maintains oversight of model development and model risk management to support business requirements.
• Communicates submission and validation outcomes with senior management.

Skills

Risk Analytics

Risk Modeling

Leadership

Written Communications

Regulatory Relations

Education

Master’s degree in related field

Degree in Statistics/Math/CS/Info Systems/Physics

Tools

Python

Excel

SQL scripting

Job description

Bank of America in Jersey City is seeking a lead quantitative analytics professional to develop and validate models for risk and regulatory purposes. You will guide risk teams, oversee model governance, and coordinate with stakeholders to ensure rigorous documentation and audit readiness.

Ideal candidates bring 5–10 years in risk/finance, strong Python/Excel/SQL skills, and proven leadership with excellent communication abilities.