Quantitative Finance Analyst

Bank of America

. Conduct quantitative analytics and modeling projects for specific business units or risk types .

Posted 10/9/2026full-timeUnited StatesJuniorMid-Level💰 $89,800 - $155,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in quantitative analytics, model development, and risk management, with strong capabilities in statistical analysis and technical documentation. Proficient in Python, Excel, and SQL, with a solid understanding of financial markets and risk concepts.

Highest-signal resume keywords

Quantitative AnalyticsModel DevelopmentStatistical AnalysisPython ProgrammingRisk Management

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Quantitative AnalyticsModel DevelopmentStatistical AnalysisPython ProgrammingSQL ScriptingExcelTechnical DocumentationMarket Risk Stress TestingScenario DesignModel Risk Management

Soft Skills

Analytical SkillsProblem-Solving SkillsCommunication SkillsInterpersonal SkillsTeam Collaboration

Industry Keywords

Financial MarketsRisk ManagementMarket RiskCounterparty RiskRegulatory RequirementsModel ValidationStrategic Risk InitiativesEnterprise Risk AppetiteGRAMRM

Tech Stack

Tools & technologies

PythonSQL

About the role

Key responsibilities & impact

Conduct quantitative analytics and modeling projects for specific business units or risk types
Develop new models, analytic processes, or systems approaches
Create technical documentation for related activities
Work with Technology staff to design systems for running developed models
Perform end-to-end market risk stress testing, including scenario design, implementation, results consolidation, internal and external reporting, and analysis of stress-scenario drivers
Support planning for quantitative work priorities aligned with the bank’s overall strategy
Identify continuous improvements through reviews of model development/validation approval decisions, technical documentation feedback, and challenges to model development/validation
Support model development and model risk management in focus areas aligned with business requirements and enterprise risk appetite
Provide methodological, analytical, and technical guidance to challenge and influence development/validation projects and identify potential risk
Communicate submission and validation outcomes to model stakeholders and senior management
Perform statistical analysis on large datasets and interpret results using qualitative and quantitative approaches
Provide domain expertise for Strategic Risk Initiatives, Risk Management, GRA, regulators, Audit, MRM, QSG, and MRT/FO technology
Provide requirements, system design, and adoption testing support
Design strategic systems for Full Revaluation Risk, Reference Data, and Market Data
Support adoption of firm-wide strategic projects across Market Risk and Counterparty Risk domains
Maintain and update existing risk systems
Assist with new regulatory requirements and improve processes for handoff to production teams
Provide Market Risk model and systems support for Risk Managers, GRA, and external teams

Requirements

What you’ll need

Master’s degree in related field or equivalent work experience
2-3 years of experience in the Risk/Finance or related discipline
Degree in Statistics, Mathematics, Computer Science, Information Systems, Physics or a related quantitative field
Proven experience in a related quantitative occupation
Experience with Python, Excel, and SQL scripting
Strong documentation skills
Excellent analytical and problem-solving skills
Ability to work independently and as part of a team
Strong communication and interpersonal skills
Knowledge of financial markets and risk management concepts
Broad knowledge of financial markets and products
40 hours per week
Must work within the United States of America shift/time framework

Benefits

Comp & perks

Discretionary incentive eligible; eligible to participate in the annual discretionary plan
Annual discretionary award based on individual performance, line of business/group performance, and overall company success
Benefits eligible
Industry-leading benefits
Paid time off
Resources and support for employees
In-office culture with an appropriate level of flexibility based on role-specific responsibilities and business needs
Opportunities to learn, grow, and make an impact