Senior Quantitative Finance Analyst

Bank of America

. Conduct independent model validation, independent testing, and review of complex models used to monitor and mitigate money laundering risk .

Posted 11/2/2026full-timeUnited StatesSenior💰 $125,000 - $210,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in model validation and Anti-Money Laundering practices, with advanced knowledge in statistical methods and quantitative modeling techniques. Proficient in Python, SAS, and SQL, with strong communication and critical thinking skills to effectively collaborate with teams and regulators.

Highest-signal resume keywords

Model ValidationAnti-Money Laundering ExpertiseStatistical MethodsPython ProgrammingCAMS Certification

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Model TestingQuantitative AnalysisStatistical TechniquesFinancial Data AnalysisModel Risk Management

Soft Skills

Critical ThinkingCollaborationCommunication

Tools & Technologies

PythonSASSQL

Certifications & Qualifications

CAMS Certification

Industry Keywords

Anti-Money LaunderingModel Risk ManagementRegulatory ComplianceModel DevelopmentModel Assessment

Tech Stack

Tools & technologies

PythonSQL

About the role

Key responsibilities & impact

Conduct independent model validation, independent testing, and review of complex models used to monitor and mitigate money laundering risk
Review and critically assess models for conceptual soundness, assumptions, limitations, data, developmental evidence, performance, implementation, and documentation
Develop and implement testing plans and testing code to challenge models through empirical analyses and verify model implementation
Perform independent model validation/challenge, annual model reviews, ongoing monitoring report reviews, required action item reviews, and peer reviews
Conduct model identification, model approval, and breach remediation reviews
Communicate and work with modeling teams and corresponding Front Line Units
Interact with internal audit and external regulators when needed
Write technical reports for model developers, senior management, audit, and banking regulators
Act as a senior leader and subject matter expert on quantitative modeling techniques used for Anti-Money Laundering

Requirements

What you’ll need

Advanced degree (PhD or Masters) in a quantitative field such as Mathematics, Physics, Finance, Economics, Engineering, Computer Science, Statistics, or related fields
5+ years of experience building and understanding Anti-Money Laundering models and systems
Strong familiarity and up-to-date knowledge of Anti-Money Laundering industry practices, techniques, and typologies
Domain knowledge of model risk management and Anti-Money Laundering regulatory landscape
Advanced knowledge and working experience in statistical methods, techniques, and financial data
Proficient in Python, SAS, and SQL
Strong written, verbal communication, and collaboration skills
Critical thinking and ability to work independently and proactively identify, debate, escalate, suggest, and resolve issues
CAMS certification preferred
Familiarity with Above-the-Line and Below-the-Line techniques, sampling methods, and AML coverage assessments is a plus
Prior experience in model development and/or model validation is a plus

Benefits

Comp & perks

Affordable, competitive and flexible benefits
Support for physical, emotional, and financial wellness
Opportunities to learn, grow, and build a career
Annual discretionary incentive award eligibility
Paid time off
Resources and support to make an impact and contribute to sustainable growth