Senior Quantitative Risk & Forecasting Analyst

Bank of America; Newark (DE); On-site; USD 125,000 - 210,000; Full time

Job summary

Bank of America is seeking a Senior Quantitative Financial Analyst within the Global Risk Analytics (GRA) organization, focusing on Consumer Loss Forecasting. You will lead end-to-end market risk stress testing, develop models, and provide technical documentation while interacting with senior stakeholders.

The role emphasizes quantitative analysis, communication of results, and collaboration across multiple teams to support risk management and capital planning.

Qualifications

• 8+ years of Consumer Unsecured analytics experience in data analytics, quantitative research, or related fields.
• Experience in Risk, Credit, Product Management, Collections or Financial Operations with proven insights.
• Ability to navigate new data sources to interpret data for analysis.
• Designing analytical framework or experiments to answer business questions.
• Storytelling with data insights for business audiences and strong visualization skills.

Responsibilities

• Create executive-level analytic content and explain trends and loss projections.
• Assess loss model back-testing and provide feedback to Model Development with buy-in from partners.
• Drive analytics pipeline covering strategy, environment impacts and portfolio trends.
• Collaborate across teams to account for forecast impacts on decisions.

Skills

SQL

Data analysis

Risk analytics

Forecast methods

Communication

Education

Master's degree in related field or equivalent work experience

Tools

Tableau

Excel

PowerPoint

Job description

Bank of America is seeking a Senior Quantitative Financial Analyst within the Global Risk Analytics (GRA) organization, focusing on Consumer Loss Forecasting. You will lead end-to-end market risk stress testing, develop models, and provide technical documentation while interacting with senior stakeholders.

The role emphasizes quantitative analysis, communication of results, and collaboration across multiple teams to support risk management and capital planning.