Assistant Vice President; Risk Analysis Specialist

Job Description

Bank of America is looking for a qualified professional for a role focused on quantitative analysis of credit risk and fixed‑income portfolios.

• Prepare monthly and quarterly reporting of key consumer and commercial credit metrics for internal and external reporting.
• Report can include data, reports and disclosures for credit quality flash, Investor Relations, Credit Risk Committee, Regulatory and SEC filings, including quarterly data utilized for earnings and stress testing.
• Research and analyze key credit data including net credit losses, loan, delinquencies, non‑performing and criticized balances, preparing variance analysis that explain fluctuations.
• Apply quantitative models and techniques to address and resolve concrete financial problems.
• Utilize advanced quantitative techniques and tools, such as statistical analysis, predictive modeling, linear regressions, SAS, R, and Matlab, as needed.
• Develop emerging risk assessments, analyze credit risk scenarios, as well as model some of our key risk factors.
• Conduct research and analysis to provide a micro view of risk management in a particular business line and a macro view of risk management for the bank.
• Assess market trends and provide quantitative data for internal partners and ultimately, clients.
• Apply quantitative knowledge to specific financial challenges and projects specific to the business alignment.
• Implement solutions applying both qualitative and quantitative methods.
• Respond to internal and external audit requests, independent testing, SOX reviews and regulatory exams.
• Remote work may be permitted within a commutable distance from the worksite.

• Master’s degree or equivalent in Finance, Economics, Management, or related: and
• 3 years of experience in the job offered or a related Quantitative occupation.
• Must include 3 years of experience in each of the following:
• Developing quantitative analytics and risk models for fixed income portfolios using analytical tools including VBA and Bloomberg E Bond Platform to enhance visibility into interest rate, credit spread, and liquidity risks;
• Leading automation initiatives embedding VBA scripting into reporting cycles to streamline bond valuation, risk attribution, and performance reporting;
• Conducting trend analysis, scenario simulations, and stress testing to assess the impact of macroeconomic changes, rate shocks, and credit downgrades on fixed income portfolios;
• Building and maintaining automated data pipelines for monthly, quarterly, and ad hoc reporting on bond holdings, structured products, and fixed income derivatives; and,
• Ensuring data integrity through advanced research and quantitative analysis of key fixed income data, including pricing, spreads, and risk factors.
• The employer will accept pre- or post‑master’s degree experience in meeting the minimum requirements.

Shift: 1st shift (United States of America)

Hours Per Week: 40