Portfolio Analyst- Chief Investment Office (CFO)

Bank of America•New York, NY

7d•$115,000 - $175,000•Onsite

About The Position

This job is responsible for the overall risk management activities of the company's investment portfolio. Key responsibilities include risk management, development of hedging strategies as well as analysis of market characteristics. Job expectations include applying knowledge of investments strategies to best manage the Chief Investment Office (CIO) portfolio. This role supports the Chief Investment Office (CIO) in the quantitative analysis, monitoring, and reporting of the firm’s Asset‑Liability Management (ALM) portfolios. The position is designed for an analytically‑oriented professional who combines strong programming skills with an interest in financial markets, portfolio analytics, and balance sheet risk management. The Quantitative Portfolio Analyst will work closely with senior portfolio managers, risk managers, and strategists to develop analytical tools, perform portfolio, and risk analysis, and translate large data sets into actionable insights. This is not a trading role; however, the role operates close to portfolio decision‑making and requires a strong understanding of market dynamics and portfolio risk.

Requirements

1–2 years of experience in a quantitative, analytical, or financial role (e.g., portfolio analytics, risk analytics, quantitative research, strategy, or related).
Strong programming skills in Python, with experience using libraries for data analysis (e.g., pandas, NumPy, visualization tools).
Working knowledge of SQL for querying and manipulating large data sets.
Solid analytical foundation with the ability to decompose complex problems and produce structured, well‑reasoned analyses.
Strong attention to detail and a high standard for data accuracy and reproducibility.
Ability to manage multiple workstreams in a fast‑paced environment while meeting deadlines.
Intellectual curiosity, initiative, and willingness to learn new analytical techniques and market concepts.

Nice To Haves

Bachelor’s and Master’s degree in a quantitative field such as Finance, Economics, Mathematics, Engineering, Physics, or Computer Science.
Familiarity with fixed income markets, portfolio risk concepts, or asset‑liability management frameworks.
Exposure to balance sheet analytics, risk measurement, or forecasting within a financial institution.
Experience with version control tools (e.g., Git) and collaborative development practices.
Interest in financial markets, macroeconomic dynamics, and portfolio construction concepts.

Responsibilities

Conducts in-depth market research, risk assessments, and financial analysis to support investment decisions
Prepares dashboards and reports for leadership to showcase portfolio performance on weekly, monthly, quarterly basis and ad-hoc as requested
Develop and maintain quantitative analyses supporting ALM portfolios, including performance attribution, risk decomposition, scenario analysis, and sensitivity analysis.
Analyze market data, yield curves, spread dynamics, and macroeconomic inputs to support portfolio monitoring and investment discussions.
Assist in evaluating portfolio positioning relative to investment guidelines, accounting constraints, and enterprise risk limits.
Build and maintain Python‑based analytical tools and workflows for portfolio analysis, risk reporting, and ad‑hoc research.
Query and manage large financial data sets using SQL to support analytical and reporting needs.
Improve automation, data quality checks, and repeatability of portfolio analytics and reporting processes.
Prepare recurring and ad‑hoc reports and dashboards for portfolio managers and senior leadership, explaining drivers of portfolio performance and risk in a clear and concise manner.
Support governance, oversight, and compliance processes by monitoring guideline adherence and escalating issues as appropriate.
Communicate analytical results effectively to both technical and non‑technical stakeholders.
Partner with portfolio managers, risk teams, and finance partners to evaluate analytical questions related to portfolio construction, hedging effectiveness, and balance sheet risk.
Conduct research on market structure, valuation methodologies, and portfolio risk concepts, and translate findings into practical analytical outputs.
Contribute to the continuous improvement of analytical frameworks as business needs, markets, and regulations evolve.