Hiring: Sr. Quantitative Finance Analyst Company: Bank of America Location: Jersey City, NJ Job Posted Time: 2026-09-16 22:48:26 Target Skills & Keywords : Design System, Risk Management About the job Experience: •8+ years of experience in macroeconomic analysis, scenario design, or stress testing within a large financial institution, regulatory body, or economic research organization. Required Skills: •We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. •Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. •At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! •Performs end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers •Leads the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization •Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation •Maintains and provides oversight of model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite •Leads and provides methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk Qualifications: •Master’s degree PhD in Economics, Finance, or a related quantitative field. •Expertise in regulatory stress testing and allowance frameworks (CCAR, CECL, IFRS 9). •In-depth knowledge of global macroeconomics, financial markets, and bank balance sheet dynamics. •Proven ability to communicate complex economic concepts effectively to senior executives and non technical audiences. •Operational familiarity with model risk management frameworks and governance requirements. Compensation: •$125,000 - $210,000 / year Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!