Senior Market Risk Quant Analyst – Stress Testing & Models

Sunseeker Property Service; Chicago (IL); On-site; USD 140,000 - 190,000; Full time

Job summary

Bank of America is seeking a Senior Market Risk Quant to lead development of models and analytics for market risk and regulatory capital. You will design and enhance risk models, implement them in a strategic platform, and collaborate with trading desks and risk teams.

The role requires strong Python skills, advanced degree in a quantitative field, and experience with VaR, stress testing, and regulatory frameworks such as Basel 2.5 and FRTB.

Qualifications

• PhD or master's in a quantitative field.

Responsibilities

• Develop and enhance quantitative risk models, analytics, and applications in support of market risk assessment and regulatory capital calculation in Basel 2.5 and FRTB.

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

Research

Written Communications

Education

Master's degree in quantitative field

PhD (preferred) in quantitative field

Tools

Python

Job description

Bank of America is seeking a Senior Market Risk Quant to lead development of models and analytics for market risk and regulatory capital. You will design and enhance risk models, implement them in a strategic platform, and collaborate with trading desks and risk teams.

The role requires strong Python skills, advanced degree in a quantitative field, and experience with VaR, stress testing, and regulatory frameworks such as Basel 2.5 and FRTB.