Quantitative Finance Analyst

Role Overview

You will be part of the team responsible for producing the Risk Not in VaR (RNiV) results as part of the firm's market risk monitoring duties. Your role will involve working closely with Global Risk Market Analytics (GMRA), Global Markets Risk (GMR), and technology teams to source and prepare model inputs, perform input quality controls, run RNiV calculations, and analyze results. Additionally, you will engage with Risk Managers to prepare change commentary and perform ad‑hoc analysis to support market risk management across the bank.

Key Responsibilities

• Execute quarterly and monthly RNiV calculations, covering all legal entities, and manage the end‑to‑end process from data sourcing through to sign‑off
• Identify, analyze, and monitor risk factor drivers of results to explain results to business partners
• Engage with Risk Managers to prepare change commentary and perform ad‑hoc analysis to support market risk management
• Create and maintain documentation for all activities in the RNiV execution process
• Understand the core methodology of the calculations to identify opportunities for process or methodology improvement
• Develop, debug, and maintain Python code used to automate the ongoing production process and model executions

Qualifications Required

• Education: Degree in Finance, Math, Economics, Physics, or Engineering
• Experience Range: 9 to 12 years
• Analytical background with a degree in Finance, Math, Economics, Physics, or Engineering, with strong attention to detail
• Experience working in Market Risk and understanding of Market Risk RNIV and Capital Models
• Good written and oral communication skills, interpersonal and organizational skills, and ability to build and maintain relationships with personnel across areas and regions
• Understanding of the financial industry, including clear expectations of the required regulatory environment
• Broad financial product knowledge and experience in data analysis with excellent research and analytical skills

Additional Company Details

Bank of America is committed to being a diverse and inclusive workplace for everyone. The organization hires individuals with a broad range of backgrounds and experiences and invests heavily in its teammates and their families by offering competitive benefits to support their physical, emotional, and financial well‑being. Bank of America believes in working together and offering flexibility to employees, using a multi‑faceted approach for flexibility depending on the various roles in the organization. Working at Bank of America will provide you with a great career with opportunities to learn, grow, and make an impact, along with the power to make a difference. Join Bank of America and be part of a globally recognized organization that values flawless execution, sound risk management, operational resiliency, operational excellence, and innovation.

Role Overview

You will be part of the team responsible for producing the Risk Not in VaR (RNiV) results as part of the firm's market risk monitoring duties. Your role will involve working closely with Global Risk Market Analytics (GMRA), Global Markets Risk (GMR), and technology teams to source and prepare model inputs, perform input quality controls, run RNiV calculations, and analyze results. Additionally, you will engage with Risk Managers to prepare change commentary and perform ad‑hoc analysis to support market risk management across the bank.

Key Responsibilities

• Execute quarterly and monthly RNiV calculations, covering all legal entities, and manage the end‑to‑end process from data sourcing through to sign‑off
• Identify, analyze, and monitor risk factor drivers of results to explain results to business partners
• Engage with Risk Managers to prepare change commentary and perform ad‑hoc analysis to support market risk management
• Create and maintain documentation for all activities in the RNiV execution process
• Understand the core methodology of the calculations to identify opportunities for process or methodology improvement
• Develop, debug, and maintain Python code used to automate the ongoing production process and model executions

Qualifications Required

• Education: Degree in Finance, Math, Economics, Physics, or Engineering
• Experience Range: 9 to 12 years
• Analytical background with a degree in Finance, Math, Economics, Physics, or Engineering, with strong attention to detail
• Experience working in Market Risk and understanding of Market Risk RNIV and Capital Models
• Good written and oral communication skills, interpersonal and organizational skills, and ability to build and maintain relationships with personnel across areas and regions
• Understanding of the financial industry, including clear expectations of the required regulatory environment
• Broad financial product knowledge and experience in data analysis with excellent research and analytical skills

Additional Company Details

Bank of America is committed to being a d