Bank of America
Quantitative Finance Analyst
$90K–$151K
New York · Full-time · Posted Oct 26, 2026
- Education
- Master’s degree in related field or equivalent work experience
About the job
Conducts quantitative analysis of counterparty credit risk in Global Markets, including stress testing, portfolio reviews, risk analytics, and management and regulatory reporting.
What you'll do
- Manage counterparty stress-based concentration limits and perform CCR stress testing, including scenario design and results analysis.
- Partner with credit and trading teams on limit calibration and new trade approvals; lead sector reviews and counterparty deep dives.
- Maintain risk analytics, monitor model performance, and represent CCR in regulatory exams and ongoing monitoring.
What they ask for
- Solid understanding of derivative products across FX, rates, equity, commodities, and credit.
- Knowledge of counterparty credit risk measurement techniques for derivatives and financing transactions.
- Excellent written and verbal communication skills.
- Strong computer skills.
Nice to have
- Degree in finance, economics, or statistics.
- Prior experience in a risk manager role covering Global Markets products.
Pay
$89,800.00 - $151,200.00 USD base salary
Model-written summary · the original posting is authoritative