Sr. Quantitative Finance Analyst

Bank Of America Job OpportunityAt 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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.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!Global Risk Analytics (GRA) is a sub-line of business within Global Risk Management (GRM), responsible for developing a consistent and coherent set of models, analytical tools, and tests for effective risk and capital measurement, management and reporting across Bank of America. GRA partners with the Lines of Business and Enterprise functions to ensure the capabilities it builds address both internal and regulatory requirements, and are responsive to the changing nature of portfolios, economic conditions, and emerging risks. In executing its activities, GRA drives innovation, process improvement and automation.This role offers the opportunity to shape enterprise-wide economic views at one of the world's leading financial institutions, influence senior decision-makers, and lead high-impact work at the intersection of economics, risk management, and strategy. This is a critical leadership role within Global Risk Analytics, responsible for shaping the bank's macroeconomic outlook, scenario design, and economic risk assessments used for regulatory submissions, capital planning, allowance methodologies, and strategic decision-making. This role partners closely with senior executives, risk committees, and business leaders to translate complex economic dynamics into actionable insights for a large, diversified financial institution.Specific role responsibilities would include:Macroeconomic Scenario DevelopmentRisk Analytics & Strategic InsightThought Leadership & Executive CommunicationTeam Leadership & CollaborationInnovation & Continuous ImprovementRequired Education, Skills, and Experience:Advanced degree (Master's or PhD) in Economics, Finance, or a related quantitative field.8+ years of experience in macroeconomic analysis, scenario design, or stress testing within a large financial institution, regulatory body, or economic research organization.Expertise in regulatory stress testing and allowance frameworks (CCAR, CECL, IFRS-9).Strong understanding 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.Experience interfacing with regulators and responding to supervisory feedback.Familiarity with model risk management frameworks and governance requirements.Experience leveraging advanced analytics, automation, or AI-enabled tools in economic or risk analysis.Desired Skills and Experience:Some knowledge of Tableau, SQL, Python.Good understanding of current US regulatory environmentSkills:Critical ThinkingQuantitative DevelopmentRisk AnalyticsRisk ModelingTechnical DocumentationAdaptabilityCollaborationProblem SolvingRisk ManagementTest EngineeringData ModelingData and Trend AnalysisProcess Performance MeasurementResearchWritten CommunicationsMinimum Education Requirement: Master's degree in related field or equivalent work experienceShift: 1st shift (United States of America)Hours Per Week: 40Pay Transparency detailsUS - NJ - Jersey City - 525 Washington Blvd (NJ2525)Pay and benefits informationPay range$125,000.00 - $210,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.