Sr. Quantitative Finance Analyst

About Bank of America

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in‑office culture that supports collaboration, engagement, and career development. Our approach includes clear in‑office expectations, while providing an appropriate level of flexibility based on role‑specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

This position is responsible for conducting quantitative analytics and complex modeling projects for specific business units or risk types. Key responsibilities include leading the development of new models, analytic processes, or system approaches; creating technical documentation for related activities; and working with Technology staff in the design of systems to run models developed. The role may require influencing strategic direction and developing tactical plans.

• Performs end‑to‑end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers.
• Leads the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization.
• Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, providing critical feedback on technical documentation and effective challenges on model development/validation.
• Maintains and provides oversight of model development and model risk management in respective focus areas to support business requirements and the enterprise’s risk appetite.
• Leads and provides methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk.
• Works closely with model stakeholders and senior management with regard to communication of submission and validation outcomes.
• Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches.

The Research sub‑team provides credit‑focused intelligence, in‑depth macro‑economic and industry‑specific credit research, and powerful analytical tools to support credit risk management and decision making across the enterprise. The team is responsible for innovative solutions and support in both business‑as‑usual (BAU) activities—including regulatory deliverables in scenario generation, loss forecasting, model development—and next‑generation capabilities development that foster the advancement of data‑driven insights in support of responsible growth.

Utilize both public and Bank of America internal data to monitor key developments and curate in‑depth research of US & global economies and industries. Identify emerging and emergent risks in the economic and industry conditions that…