Senior Quantitative Risk Analytics Lead

National Black MBA Association; Northern (KY); Hybrid; USD 120,000 - 160,000; Full time

Job summary

Bank of America is hiring a Quantitative Finance Analyst to lead the development of wholesale credit risk models and perform in-depth analyses of financial data. The role includes coordinating with model risk management, preparing technical documentation, and guiding stress testing efforts.

You will work with stakeholders and senior management to communicate validation outcomes and drive data-driven decisions in a controlled, regulated environment.

Qualifications

• 5+ years professional experience developing credit risk models.
• Strong programming skills in R, Python, SAS, SQL or similar.
• Experience with LaTeX for technical documentation and reporting.
• Experience using and developing cross-sectional models.
• Able to tell a data-driven story and defend conclusions with evidence.
• Able to present findings to senior leaders and influence decisions.
• Proven leadership and ability to influence peers across a large org.
• Ability to operate in a highly controlled, audited environment.

Responsibilities

• Development of wholesale credit risk models including loss forecasting and scorecards.
• Analyze wholesale credit performance and financial data in depth.
• Prepare white papers for developed models.
• Interface with model risk management and address findings.
• Support post-implementation monitoring and stakeholder communication.
• Lead end-to-end market risk stress testing and scenario design.
• Provide methodological and technical guidance to projects.

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 or PhD in a related field

Tools

R

Python

SAS

SQL

LaTeX

Job description

Bank of America is hiring a Quantitative Finance Analyst to lead the development of wholesale credit risk models and perform in-depth analyses of financial data. The role includes coordinating with model risk management, preparing technical documentation, and guiding stress testing efforts.

You will work with stakeholders and senior management to communicate validation outcomes and drive data-driven decisions in a controlled, regulated environment.