Bank of America
Quantitative Finance Analyst
$90K–$155K
New York · Full-time · Posted Sep 24, 2026
- Education
- Master’s degree in related field or equivalent work experience
About the job
Conduct quantitative counterparty credit risk (CCR) analysis for Global Markets, supporting risk limits, stress testing, portfolio reviews, analytics, and regulatory oversight.
What you'll do
- Manage counterparty stress-based concentration limits and perform CCR stress testing, including scenario design and analysis.
- Partner on limit calibration and trade approvals; lead sector and counterparty portfolio reviews and develop risk analytics.
- Represent CCR in regulatory exams, monitor model performance, and challenge model enhancements.
What they ask for
- Solid understanding of derivative products across asset classes.
- Knowledge of counterparty credit risk measurement techniques for derivatives and financing transactions.
- Excellent written and verbal communication skills.
- Strong computer skills; able to work independently in a fast-paced environment.
Nice to have
- Degree in finance, economics, or statistics.
- Prior risk manager experience covering Global Markets products.
Pay
$89,800.00 - $155,000.00 USD base salary
Model-written summary · the original posting is authoritative