Market Risk Quant Analyst — VaR & Model Analytics

Bank of America Corporation; Jersey City (NJ); Presencial; USD 100 000 - 150 000; Tempo integral

Resumo da oferta

Bank of America Corporation is seeking a Quantitative Finance Analyst within Global Risk Analytics to develop quantitative risk models and analytics for market risk assessment and regulatory capital calculations.

You will partner with Capital, Risk, Technology and Model Risk Management, perform data analysis, and document methodologies while supporting model development, validation, and reporting in a fast-paced, global team. This role requires a Master’s degree and 2+ years’ experience.

Qualificações

• Advanced degree in quantitative fields and 2+ years of industry experience.
• Programming skills in Python or equivalent OO language.
• Experience in derivatives pricing and/or statistical analysis of financial data.

Responsabilidades

• Develop quantitative risk models, analytics, and applications for market risk assessment and regulatory capital calculation.
• Partner with Capital, Risk, Technology, Model Risk Management and Market Risk Management on model enhancement and validation.
• Conduct analysis of market data, risk metrics, and P&L time series; document developmental evidence for internal/external exams.
• Prepare and support remediation of model issues and communicate results to stakeholders.

Conhecimentos

Critical Thinking

Quantitative Development

Risk Analytics

Risk Modeling

Technical Documentation

Adaptability

Collaboration

Problem Solving

Risk Management

Test Engineering

Data Modeling

Data and Trend Analysis

Process Performance Measurement

Research

Written Communications

Formação académica

Master’s degree in related field or equivalent work experience

Ferramentas

Python

Descrição da oferta de emprego

Bank of America Corporation is seeking a Quantitative Finance Analyst within Global Risk Analytics to develop quantitative risk models and analytics for market risk assessment and regulatory capital calculations.

You will partner with Capital, Risk, Technology and Model Risk Management, perform data analysis, and document methodologies while supporting model development, validation, and reporting in a fast-paced, global team. This role requires a Master’s degree and 2+ years’ experience.