Senior Quantitative Risk & Modeling Lead

NBMBAA; Jersey City (NJ); On-site; USD 160,000 - 227,000; Full time

Benefits offered by this job

Discretionary incentive

Benefits

Job summary

Bank of America is seeking a leader to develop and validate quantitative analytics and risk models across key portfolios. This role oversees model performance, governance, and validation activities, acting as SME to ensure accuracy and regulatory readiness.

The position requires 5–10 years in risk/finance, advanced degree in a quantitative field, and proficiency in Python, Excel, and SQL. Strong documentation and communication skills are essential.

Qualifications

• Master’s degree or equivalent work experience.
• Degree in Statistics, Mathematics, Computer Science, Information Systems, Physics or related quantitative field.
• Experience in risk/finance or related quantitative discipline preferred.

Responsibilities

• Leads a quantitative team with model coverage of specified focus areas and oversees stakeholder engagement.
• Sets priorities related to quantitative modeling in line with the bank’s strategy.
• Identifies improvements through reviews of model development/validation tasks and documentation.

Skills

Analytical skills

Problem solving

Independent work

Communication skills

Teamwork

Documentation

Education

Masters degree

Statistics/Math/CS/IS/Physics degree

Tools

Python

Excel

SQL

Job description

Bank of America is seeking a leader to develop and validate quantitative analytics and risk models across key portfolios. This role oversees model performance, governance, and validation activities, acting as SME to ensure accuracy and regulatory readiness.

The position requires 5–10 years in risk/finance, advanced degree in a quantitative field, and proficiency in Python, Excel, and SQL. Strong documentation and communication skills are essential.