Bank of America
Quantitative Finance Analyst
$90K–$155K
Charlotte +2 · Full-time · Posted Oct 8, 2026
- Location
- Charlotte
Jersey City
Atlanta - Experience
- Minimum of 2 years of relevant experience in statistics, data science, machine learning, model development, or other quantitative analysis.
- Education
- Master’s or PhD in Math, Economics, Statistics, or similar discipline; minimum education requirement: Master’s degree in related field or equivalent work experience.
About the job
Develops and maintains consumer risk and capital models and analytical systems, supporting model execution, validation, monitoring, and risk management across Retail and GWIM.
What you'll do
- Develop and maintain quantitative risk and capital models, model systems, and analytical tools.
- Analyze model performance and stress-test results; support validation, governance, and resolution of model issues.
- Partner with Technology, model stakeholders, and business units on model execution, documentation, and communication of results.
What they ask for
- Master’s or PhD in Math, Economics, Statistics, or a similar discipline; the minimum education requirement also allows a related-field master’s degree or equivalent work experience.
- Minimum of 2 years of relevant experience in statistics, data science, machine learning, model development, or other quantitative analysis.
- Experience in data analysis, statistical model estimation, machine learning model implementation and evaluation, and model documentation.
- Strong programming skills in Python and SQL; experience with large, complex datasets and statistical modeling or machine learning techniques.
Nice to have
- Exposure to Hive, Spark, or PySpark.
- Experience with CI/CD and software engineering tools, residential real estate or mortgage markets, model risk governance, or regulated banking models.
Pay
$89,800.00 - $155,000.00 annualized salary (base salary)
Tools
Python, SQL, HDFS, Hive, Spark, PySpark, scikit-learn, XGBoost
AI focus
Develop machine learning or AI models using Python-based frameworks and methods; apply explainability and transparency techniques to support model governance and stakeholder understanding.
Model-written summary · the original posting is authoritative