Victrays
Sr Quantitative Fin Analyst at Bank of America – Charlotte, United States
Victrays, Chicago, Illinois, United States, 60290
Senior Quantitative Finance Analyst – Charlotte, US
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in‑office culture with specific requirements for office‑based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role‑specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description This role is responsible for conducting quantitative analytics and complex modeling projects for specific business units or risk types. It includes leading model development, analytic processes, system design, and influencing strategic direction.
Responsibilities
Perform end‑to‑end market risk stress testing including scenario design, implementation, results consolidation, reporting, and analysis of key drivers.
Lead planning of quantitative work priorities aligned with the bank’s strategy.
Identify continuous improvements through reviews of model development and validation tasks.
Maintain oversight of model development and risk management to support business requirements and risk appetite.
Provide methodological, analytical, and technical guidance to influence strategic direction of projects.
Collaborate with stakeholders and senior management on communication of submission and validation outcomes.
Conduct statistical analysis on large datasets using qualitative and quantitative approaches.
Skills
Critical Thinking
Quantitative Development
Technical Documentation
Problem Solving
Data Modeling
Data and Trend Analysis
Process Performance Measurement
Research
Required Skills
Expert communication skills, executive presence, and presentation to senior leaders.
8+ years of experience in model development, statistical methods, forecasting, data analytics, or quantitative research.
Experience in Risk, Credit, Collections or Financial Operations with proven insight generation.
Track record of driving change and advancing the status quo across forecasting, analytics, or automation.
Attention to detail and simplification of complex matters.
Strong data science and analytical skills.
Collaborative ability across multiple teams and functions.
Strong written and oral communication for technical and executive audiences.
Independent work capability with little supervision in a complex environment.
Proficiency with Tableau, MS Word/Excel/PowerPoint.
Desired Skills
Analytical ability in banking experience related to loss forecasting, analytics and operations.
Experience meeting with internal or external bank examiners and responding to questions.
Leadership or project management experience.
Consumer behavior analytics or risk modeling experience.
Experience with CECL, DFAST, CCAR forecast methodologies.
Shift 1st shift (United States of America)
Location US – IL – Chicago – 540 W Madison St – Bank Of America Plaza (IL4540)
Pay and Benefits Pay range: $125,000.00 – $210,000.00 annualized salary, determined based on experience, education, and skill set.
Discretionary incentive: Eligible to participate in the annual discretionary plan based on performance.
Benefits: Industry‑leading benefits, paid time off, resources and support to enable genuine impact and sustainable growth.
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Job Description This role is responsible for conducting quantitative analytics and complex modeling projects for specific business units or risk types. It includes leading model development, analytic processes, system design, and influencing strategic direction.
Responsibilities
Perform end‑to‑end market risk stress testing including scenario design, implementation, results consolidation, reporting, and analysis of key drivers.
Lead planning of quantitative work priorities aligned with the bank’s strategy.
Identify continuous improvements through reviews of model development and validation tasks.
Maintain oversight of model development and risk management to support business requirements and risk appetite.
Provide methodological, analytical, and technical guidance to influence strategic direction of projects.
Collaborate with stakeholders and senior management on communication of submission and validation outcomes.
Conduct statistical analysis on large datasets using qualitative and quantitative approaches.
Skills
Critical Thinking
Quantitative Development
Technical Documentation
Problem Solving
Data Modeling
Data and Trend Analysis
Process Performance Measurement
Research
Required Skills
Expert communication skills, executive presence, and presentation to senior leaders.
8+ years of experience in model development, statistical methods, forecasting, data analytics, or quantitative research.
Experience in Risk, Credit, Collections or Financial Operations with proven insight generation.
Track record of driving change and advancing the status quo across forecasting, analytics, or automation.
Attention to detail and simplification of complex matters.
Strong data science and analytical skills.
Collaborative ability across multiple teams and functions.
Strong written and oral communication for technical and executive audiences.
Independent work capability with little supervision in a complex environment.
Proficiency with Tableau, MS Word/Excel/PowerPoint.
Desired Skills
Analytical ability in banking experience related to loss forecasting, analytics and operations.
Experience meeting with internal or external bank examiners and responding to questions.
Leadership or project management experience.
Consumer behavior analytics or risk modeling experience.
Experience with CECL, DFAST, CCAR forecast methodologies.
Shift 1st shift (United States of America)
Location US – IL – Chicago – 540 W Madison St – Bank Of America Plaza (IL4540)
Pay and Benefits Pay range: $125,000.00 – $210,000.00 annualized salary, determined based on experience, education, and skill set.
Discretionary incentive: Eligible to participate in the annual discretionary plan based on performance.
Benefits: Industry‑leading benefits, paid time off, resources and support to enable genuine impact and sustainable growth.
#J-18808-Ljbffr