Senior Quantitative Finance & Risk Modeling Lead

Bank of America; Chicago (IL); On-site; USD 110,000 - 180,000; Full time

Job summary

Bank of America in Chicago is seeking a Senior Quantitative Analyst to conduct advanced analytics and build risk models for key business units. You will design and implement models, perform statistical analyses on large datasets, and document technical approaches for regulatory and internal reviews.

The role requires strong Excel, Tableau, SQL, and Python skills, plus the ability to collaborate with stakeholders and adapt to fast-paced priorities in a large financial institution.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business, or related field.
• Masters in one of the aforementioned subjects a plus.
• Progress toward CFA a plus.
• Strong quantitative skills and ability to thrive in a fast-paced environment.

Responsibilities

• Lead end-to-end market risk stress testing, including scenario design and reporting.
• Guide prioritization of quantitative work aligned with the bank's strategy.
• Identify improvements in model development and validation processes.
• Maintain oversight of model development and model risk management.
• Provide methodological and technical guidance to influence project directions.
• Communicate submission and validation outcomes with stakeholders.

Skills

Quantitative development

Risk analytics

Risk modeling

Technical documentation

Adaptability

Collaboration

Critical thinking

Excel

Education

Bachelor’s degree in Finance, Accounting, Economics, Business, or related field

Masters in one of the aforementioned subjects

Progress toward CFA

Tools

Tableau

SQL

Python

MS Excel

Job description

Bank of America in Chicago is seeking a Senior Quantitative Analyst to conduct advanced analytics and build risk models for key business units. You will design and implement models, perform statistical analyses on large datasets, and document technical approaches for regulatory and internal reviews.

The role requires strong Excel, Tableau, SQL, and Python skills, plus the ability to collaborate with stakeholders and adapt to fast-paced priorities in a large financial institution.