Quantitative Risk Analytics Specialist

Bank of America; Jersey City (NJ); On-site; USD 89,800 - 153,300; Full time

Benefits offered by this job

Industry-leading benefits

Paid time off

Discretionary incentive eligibility

Job summary

Bank of America is looking for a Quantitative Finance Analyst in Jersey City, New Jersey. The role involves conducting quantitative analytics and modeling projects for market risk, supporting model development, and providing technical guidance. Candidates should possess a Master's degree in a quantitative field, have at least 2 years of relevant experience, and strong programming skills in Python, C++, or SQL. The position offers a competitive salary range of $89,800 to $153,300 annually, based on experience and skills, along with industry-leading benefits and opportunities for performance-based incentives.

Qualifications

• Solid working experience (2 years +) in a related field (Market Risk, Middle Office, Counterparty Credit Risk).
• Broad financial product knowledge.
• Experience in data analysis, with excellent research and analytical skills.

Responsibilities

• Conduct quantitative analytics and modeling projects independently.
• Perform end-to-end market risk stress testing.
• Support model development and model risk management.

Skills

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

Written Communications

Education

Master's degree in related field

Tools

Python

C++

SQL

Job description

Bank of America is looking for a Quantitative Finance Analyst in Jersey City, New Jersey. The role involves conducting quantitative analytics and modeling projects for market risk, supporting model development, and providing technical guidance. Candidates should possess a Master's degree in a quantitative field, have at least 2 years of relevant experience, and strong programming skills in Python, C++, or SQL. The position offers a competitive salary range of $89,800 to $153,300 annually, based on experience and skills, along with industry-leading benefits and opportunities for performance-based incentives.