Bank of America
Quantitative Finance Analyst
Charlotte · Full-time · Posted Oct 29, 2026
- Experience
- Some experience in developing, documenting, and maintaining risk and/or capital models; no number of years stated.
- Education
- Master’s degree in a related field or equivalent work experience.
About the job
Develops and enhances risk and loss-forecasting models, conducts stress testing and statistical analysis, and implements models for risk and capital measurement.
What you'll do
- Develop and maintain models across the model lifecycle, including statistical estimation, implementation, monitoring, and documentation.
- Conduct market-risk stress testing, analyze scenario results, and support internal and external reporting.
- Work with stakeholders and Technology to gather requirements, build modeling solutions, and communicate model outcomes.
What they ask for
- Master’s degree in a related field or equivalent work experience; a highly numerical degree is required.
- Some experience developing, documenting, and maintaining risk and/or capital models and handling large datasets.
- Strong programming skills in SQL, Python, VBA, and Latex.
- Knowledge of statistics, probability theory, econometrics, and financial mathematics; strong technical writing and verbal communication skills.
Nice to have
- PhD level; experience in financial risk modeling or loss forecasting.
- Knowledge of CCAR, DFAST, CECL, or ICAAP regulatory guidelines.
Tools
SQL, Python, VBA, Latex, LaTeX
Model-written summary · the original posting is authoritative