Senior Quantitative Finance Analyst

Bank of America

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

Posted 9/16/2026full-timeJersey City • New Jersey • United StatesSenior💰 $125,000 - $210,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in Macroeconomic Analysis, Scenario Design, and Stress Testing within financial institutions, with a strong focus on Regulatory Frameworks such as CCAR, CECL, and IFRS 9. Capable of translating complex economic concepts into actionable insights for senior leadership while mentoring junior staff and advancing quantitative methods.

Highest-signal resume keywords

Macroeconomic AnalysisScenario DesignStress TestingRegulatory Frameworks (CCAR, CECL, IFRS 9)Risk Modeling

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Quantitative DevelopmentRisk AnalyticsTechnical DocumentationData ModelingData and Trend AnalysisProcess Performance MeasurementAdvanced AnalyticsAI/ML ApplicationsModel Risk ManagementStatistical Analysis

Soft Skills

Critical ThinkingAdaptabilityCollaborationProblem SolvingWritten Communications

Certifications & Qualifications

Master’s Degree or PhD in Economics, Finance, or Related Field

Industry Keywords

Financial MarketsBank Balance Sheet DynamicsRegulatory Stress TestingEconomic Risk AssessmentsModel Development and Validation

About the role

Key responsibilities & impact

Conduct quantitative analytics and complex modeling projects for specific business units or risk types
Lead development of new models, analytic processes, and system approaches
Create technical documentation for related activities
Work with Technology staff to design systems for running developed models
Conduct end-to-end market risk stress testing, including scenario design, implementation, results consolidation, reporting, and analysis
Lead planning for quantitative work priorities aligned with the bank’s strategy
Identify continuous improvements through model development and validation reviews, documentation feedback, and effective challenges
Oversee model development and model risk management in assigned focus areas
Provide methodological, analytical, and technical guidance to challenge and influence development and validation projects
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
Shape the bank’s macroeconomic outlook, scenario design, and economic risk assessments
Lead design, review, and approval of enterprise-wide macroeconomic projections and stress scenarios covering 1,800+ variables
Support regulatory and internal use cases including CCAR, CECL, IFRS 9, and internal forecasting
Assess emerging macroeconomic, geopolitical, and financial market risks and implications for capital adequacy, credit risk, liquidity, and earnings
Develop forward-looking economic analyses for enterprise risk identification, corporate planning, and stress testing
Provide thought leadership through executive presentations, written briefings, and senior leadership forums
Translate complex economic and financial concepts into decision-useful insights
Advise executive leadership on macroeconomic trends and scenario-driven impacts
Collaborate with economists and analysts across regions, portfolios, and risk disciplines
Mentor junior staff and contribute to economic research and talent development
Advance quantitative methods, data automation, and AI/ML applications
Improve economic modeling frameworks to reflect structural changes in the economy and financial markets

Requirements

What you’ll need

Master’s degree or PhD in Economics, Finance, or a related quantitative field
8+ years of experience in macroeconomic analysis, scenario design, or stress testing within a large financial institution, regulatory body, or economic research organization
Expertise in regulatory stress testing and allowance frameworks, including CCAR, CECL, and IFRS 9
Strong understanding of global macroeconomics, financial markets, and bank balance sheet dynamics
Ability to communicate complex economic concepts effectively to senior executives and non-technical audiences
Experience interfacing with regulators and responding to supervisory feedback
Familiarity with model risk management frameworks and governance requirements
Experience leveraging advanced analytics, automation, or AI-enabled tools in economic or risk analysis
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
Ability to work 40 hours per week on 1st shift in the United States of America

Benefits

Comp & perks

Affordable, competitive and flexible benefits
Support for physical, emotional, and financial wellness
Opportunities to learn, grow, and make an impact
Paid time off
Resources and support for employees
Eligibility to participate in the annual discretionary plan
Annual discretionary award based on individual performance, line of business/group performance, and company success