Assistant Vice President; Quantitative Finance Analyst

Bank of America • Jersey City, NJ

2d

About The Position

The Assistant Vice President; Quantitative Finance Analyst develops and governs scalable reporting for model-driven risk metrics, including Value-at-Risk, stress scenarios, and resolution planning variants. The role analyzes large-scale financial and market datasets and produces regulatory, capital, and management reports for peers, senior management, and external regulators. It also compiles and analyzes data for Incremental Risk Charge and Comprehensive Risk Measure corporate capital metrics, and presents complex information in an executive-friendly format.

The position works with technology and data partners to support properly sourced data and controlled processes. It designs and maintains reporting controls and governance to promote consistency, completeness, and accuracy. Remote work may be permitted within a commutable distance from the worksite; Bank of America maintains an in-office culture with role-specific expectations and flexibility based on business needs.

Requirements

• Bachelor's degree or equivalent in Information, Mathematics, Engineering (any), or a related field.
• At least 2 years of experience in the job offered or a related quantitative occupation.
• At least 2 years of experience analyzing model-driven risk metrics, stress scenarios, and internal risk measures to support management reporting, decision making, and resolution planning variants.
• At least 2 years of experience compiling, cleansing, and analyzing large-scale financial and market datasets to support enterprise risk, using Python and Excel for analytical workflows, reconciliation, and data quality checks.
• At least 2 years of experience identifying and implementing regulatory and internal risk reporting requirements, including report design, standardized analytical queries, and data visualization of key risk metrics using Excel and Python.
• At least 2 years of experience developing and maintaining reporting controls and governance frameworks to ensure completeness and accuracy, including process design, documentation of activities, and definition of ownership using a RACI-based format.

Responsibilities

• Develop scalable reporting that can be executed at summary and granular levels.
• Provide commentary and analysis of reports, including VaR metrics, stress scenarios, and related disclosures.
• Submit regulatory, capital, and management reports to peers, senior management, and external regulators.
• Format and present large-scale data in an executive-friendly, easy-to-understand manner.
• Govern new reports with controls that ensure consistency and accuracy.
• Engage with technology and data partners to ensure proper data is provided through a well-controlled process.
• Analyze and provide commentary on model-driven risk metrics, including Value-at-Risk, stresses, and resolution planning variants.
• Compile and analyze data required to complete Incremental Risk Charge and Comprehensive Risk Measure for corporate capital metrics.
• Design and implement reporting on risk metrics using large-scale data analysis.

Benefits

• Industry-leading benefits
• Access to paid time off
• Resources and support for employees
• Eligibility for an annual discretionary award based on individual performance and behaviors, line of business and/or group performance and contributions, and overall company success

What This Job Offers

• Job Type: Full-time
• Career Level: Senior