Senior Quantitative CCR Risk Analyst

Bank of America Corporation; New York (NY); On-site; USD 90,000 - 155,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Annual discretionary award

Benefits eligible

Job summary

Bank of America is seeking a CCR quantitative analyst in New York to conduct analysis for counterparty credit risk in the Global Markets business. You will support management of limit frameworks, monitor risk drivers, and generate reporting for internal stakeholders and regulators.

Responsibilities include stress testing, model evaluation, and collaboration with Credit Officers, Enterprise Credit Risk, and Sales & Trading to calibrate limits and approve trades.

Qualifications

• Solid knowledge of derivative products across asset classes (FX, rates, equity, commodities, credit).
• Knowledge of counterparty credit risk measurement techniques on derivatives and financing transactions.
• Excellent communication skills both written and verbal.
• Self-starter who excels in a fast paced environment.
• Strong computer skills.

Responsibilities

• Perform quantitative analysis for counterparty credit risk (CCR) in Global Markets.
• Manage CCR stress-based concentration limit frameworks across asset classes and industries.
• Lead CCR portfolio reviews and deep dives on counterparties.
• Develop risk analytics and secondary weakness measures to support client strategies.
• Represent CCR in regulatory exams and monitor model performance with GRA.

Skills

Derivative products

Counterparty risk measurement

Written and verbal communication

Self-starter

Strong computer skills

Education

Master’s degree or equivalent

Finance/Economics/Statistics degree

Job description

Bank of America is seeking a CCR quantitative analyst in New York to conduct analysis for counterparty credit risk in the Global Markets business. You will support management of limit frameworks, monitor risk drivers, and generate reporting for internal stakeholders and regulators.

Responsibilities include stress testing, model evaluation, and collaboration with Credit Officers, Enterprise Credit Risk, and Sales & Trading to calibrate limits and approve trades.