Quantitative Risk Analyst – Modeling & Stress Testing

Bank of America Corp; Atlanta (GA); On-site; USD 90,000 - 155,000; Full time

Job summary

Bank of America is seeking a Quantitative Finance Analyst within Global Risk Analytics to develop and maintain risk and capital models. You will work with FLU model owners and stakeholders across Retail and GWIM, applying quantitative techniques, ensuring regulatory alignment and robust documentation.

Collaboration with Technology and Risk Management teams is essential. Join a team focused on delivering world-class quantitative solutions, contributing to model validation, governance, and

Qualifications

• Set priorities related to quantitative modeling in line with the bank's overall strategy.
• Work with senior modelers to develop and design best in class models to satisfy stakeholder requirements.
• Identifies continuous improvement through reviews and ongoing monitoring of models, and effective challenges on model development/validation.
• Experience with CCAR, CECL, consumer credit risk, or other regulated banking model development environments.
• Familiarity with CI/CD and software engineering tools, in a controlled model development process.

Responsibilities

• End-to-end market risk stress testing including scenario design, scenario implementation and reporting.
• Supports model development and model risk management to meet business requirements.
• Collaborates with Technology Team to support model execution.
• Communicates submission and validation outcomes to stakeholders and senior management.
• Performs statistical analysis on large datasets and interprets results.

Skills

SQL

Python

Machine Learning

Risk Modeling

Regulatory Requirements

Data Analysis

Tools

Git

JIRA

Confluence

Pytest

Job description

Bank of America is seeking a Quantitative Finance Analyst within Global Risk Analytics to develop and maintain risk and capital models. You will work with FLU model owners and stakeholders across Retail and GWIM, applying quantitative techniques, ensuring regulatory alignment and robust documentation.

Collaboration with Technology and Risk Management teams is essential. Join a team focused on delivering world-class quantitative solutions, contributing to model validation, governance, and