1+ months

Quantitative Finance Analyst

New York, NY 10176
**Job Description:**

Responsible for development, maintenance and enhancement of quantitative/analytic models and applications in support of market risk assessment and regulations. Develop and enhance risk analytics and capital models, attribution and impact analysis, tracking, and reporting of various risk metrics, especially maintenance and mitigation on the VaR-related capital. Work with partners in Model Risk Management and Market Risk to fulfil the requirements of model enhancement, performance testing and documentation.

Role Description:

Bank of America Global Market Risk Analytics organization has an opportunity for a Quantitative Finance Analyst position within its Market Risk Analytics group, which is responsible for providing quantitative modelling and analytics support to Global Market Risk Management and Enterprise Capital Management. The candidate is expected, but not limited to performing the following tasks:

+ Develop quantitative/analytic risk models and applications in support of market risk assessment and regulatory capital calculation

+ Model enhancement and performance testing. Work with Model Risk Management and Market Risk management on remediation of internal and external requirements on model enhancement and documentation

+ Analysis and verification on market, risk and P&L data

+ Partner with various internal groups, including Capital, Risk, Technology and Model Risk Management to provide model transparency and enhancing analytics capability

+ Preparation of developmental evidence and document to support internal and external exams


Ph.D or Masters in financial mathematics, physics, computer science, econometrics, or similar discipline with 5 years of experience


Should include experience in the following areas: Working knowledge of risk or pricing models for fixed income or commodity products; using Python (or other programming language) to write reusable and testable code to develop tools, and improve process efficiency for reporting and calculation automation. Understanding of regulatory capital and risk management framework and stress testing requirement.


+ Good written and oral communication, interpersonal and organizational skills and ability to build and maintain relationships with personnel across areas and regions

+ Ability to multitask with excellent time management skills

+ Sense of focus and rigor in the completion of deliverable

**Posting Date** : 01/14/2019

**Location** :

New York, NY, Jones Lang Lasalle, 1133 Ave of the Americas,

- United States

**Travel** : Yes, 5% of the time

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**Assistance for Applicants with Disabilities**

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**Diversity & Inclusion**

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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  • Banking / Finance
Posted: 2019-04-18 Expires: 2019-09-13

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Quantitative Finance Analyst

Bank of America
New York, NY 10176

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