Quantitative Counterparty Risk Analyst

ghr; New York (NY); On-site; USD 90,000 - 155,000; Full time

Job summary

Bank of America in New York is seeking a senior quantitative professional to conduct CCR analysis for the Global Markets business. You will manage stress-based concentration limits and support regulatory reporting and governance.

You will partner with Credit Officers and Risk teams to calibrate limits, run scenario design and model performance reviews, and present findings to internal stakeholders. The role emphasizes collaboration, communication, and rigorous risk analytics.

Qualifications

• Master’s degree or equivalent work experience required.
• Solid understanding of derivative products across asset classes.
• Knowledge of CCR measurement techniques on derivatives and financing.
• Excellent written and verbal communication.
• Self-starter in a fast-paced environment.
• Strong computer skills.

Responsibilities

• Manage CCR stress-based concentration limit frameworks across asset classes.
• Perform CCR stress-testing design, implementation, and analysis.
• Collaborate with Credit Officers and Risk teams on limit calibration.
• Lead sector-specific CCR portfolio reviews and deep-dives.
• Represent CCR in regulatory exams and respond to findings.
• Monitor model performance and challenge risk analytics.

Skills

Derivative products knowledge

CCR risk measurement

Communication skills

Self-starter

Strong computer skills

Critical Thinking

Quantitative Development

Risk Analytics

Risk Modeling

Technical Documentation

Adaptability

Collaboration

Problem Solving

Risk Management

Data Modeling

Data and Trend Analysis

Process Performance Measurement

Research

Written Communications

Education

Master’s degree in related field

Equivalency work experience

Degree in finance/economics/statistics

Job description

Bank of America in New York is seeking a senior quantitative professional to conduct CCR analysis for the Global Markets business. You will manage stress-based concentration limits and support regulatory reporting and governance.

You will partner with Credit Officers and Risk teams to calibrate limits, run scenario design and model performance reviews, and present findings to internal stakeholders. The role emphasizes collaboration, communication, and rigorous risk analytics.