Senior Quantitative Finance Analyst

Bank of America

. Conduct end-to-end market risk stress testing, including scenario design, implementation, results consolidation, reporting, and analysis .

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, regulatory stress testing frameworks (CCAR, CECL, IFRS 9), and advanced quantitative methods. Capable of translating complex economic concepts into actionable insights for senior leadership while mentoring junior staff and collaborating across teams.

Highest-signal resume keywords

Macroeconomic AnalysisRegulatory Stress TestingQuantitative DevelopmentRisk AnalyticsTechnical Documentation

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Scenario DesignStatistical AnalysisData ModelingRisk ModelingEconomic AnalysisData AutomationAI/ML ApplicationsProcess Performance MeasurementFinancial Market AnalysisModel Risk Management

Soft Skills

Critical ThinkingAdaptabilityCollaborationProblem SolvingWritten Communications

Certifications & Qualifications

Master’s DegreePhD in EconomicsPhD in Finance

Industry Keywords

Financial InstitutionRegulatory BodyEconomic Research OrganizationCCARCECLIFRS 9Capital AdequacyCredit RiskLiquidityEarnings

About the role

Key responsibilities & impact

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 bank strategy
Identify continuous improvements through reviews of model development and validation decisions, technical documentation, and effective challenges
Maintain and oversee model development and model risk management in designated focus areas
Provide methodological, analytical, and technical guidance for development and validation projects
Influence strategic direction and tactical approaches while identifying potential risks
Communicate submission and validation outcomes to model stakeholders and senior management
Perform statistical analysis on large datasets and interpret results qualitatively and quantitatively
Lead enterprise-wide macroeconomic projections and stress scenarios involving 1,800+ variables for CCAR, CECL, IFRS 9, and internal forecasting
Assess 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 executive-level presentations, written briefings, and senior leadership communications
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 (CCAR, CECL, IFRS 9)
Strong understanding of global macroeconomics, financial markets, and bank balance sheet dynamics
Proven 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
1st shift (United States of America)
40 hours per week

Benefits

Comp & perks

Annual discretionary incentive plan eligibility
Benefits eligibility
Paid time off
Resources and support for employees
Opportunities to learn, grow, and make an impact
Support for physical, emotional, and financial wellness
Affordable, competitive, and flexible benefits