Jr. Quant Analyst

Insight Global • Chicago, IL

428d

About The Position

The Jr. Quant Analyst position at Bank of America involves joining the Global Risk Analytics group to work on credit and default risk modeling projects. The role requires analyzing large data sets and communicating findings to various internal stakeholders. This is a contract-to-hire position aimed at junior to mid-level candidates who are eager to learn and grow within the team.

Requirements

• Masters degree in quantitative finance, physics, mathematics, or a related field.
• At least 2 years of experience in Market Risk, Middle Office, or Counterparty Credit Risk.
• Broad knowledge of financial products, particularly equity and credit risk.
• Strong data analysis skills with excellent research and analytical capabilities.
• Experience with Value-At-Risk (VaR) models.

Nice To Haves

• Experience or knowledge of FRTB (Fundamental Review of the Trading Book).

Responsibilities

• Work on multiple projects related to credit risk and default risk.
• Develop and support standardized modeling approaches.
• Analyze large data sets and interpret the results.
• Communicate data insights to risk managers and stakeholders.

Benefits

• Diverse and inclusive work environment.
• Equal opportunity employment.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Administrative and Support Services
• Education Level: Master's degree