Quantitative Finance Analyst

Bank of America

Quantitative Finance Analyst at Bank of America conducting quantitative analytics and modeling projects. Collaborating with Technology and business units to support risk management and capital measurement.

Posted 5/19/2026full-timeChicago • Illinois • 🇺🇸 United StatesJuniorMid-Level💰 $89,800 - $153,300 per yearWebsite

Tech Stack

Tools & technologies

PythonSQLTableau

About the role

Key responsibilities & impact

Conducting quantitative analytics and modeling projects for specific business units or risk types
Developing new models, analytic processes, or systems approaches
Creating technical documentation for related activities
Working with Technology staff in the design of systems to run models developed
Performing end-to-end market risk stress testing including scenario design, implementation, and results analysis
Supporting the planning related to setting quantitative work priorities in line with the bank’s overall strategy
Identifying continuous improvements through reviews of approval decisions on relevant model development or validation tasks
Supporting model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite
Performing statistical analysis on large datasets and interpreting results using both qualitative and quantitative approaches

Requirements

What you’ll need

Master’s degree in related field or equivalent work experience
Strong Programming skills e.g. R, Python, SAS, SQL, or other languages
2+ years of experience in model development, statistical work, data analytics or quantitative research, or PhD
Experience with complex data architecture, including modeling and data science tools and libraries, data warehouses, and machine learning
Knowledge of predictive modeling, statistical sampling, optimization, machine learning and artificial intelligence techniques
Ability to extract, analyze, and merge data from disparate systems, and perform deep analysis
Experience designing, developing, and applying scalable Machine Learning and Artificial Intelligence solutions
Experience with data analytics tools (e.g., Alteryx, Tableau)

Benefits

Comp & perks

Access to paid time off
Resources and support to employees so they can make a genuine impact and contribute to the sustainable growth of our business and communities

ATS Keywords

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Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

quantitative analyticsmodel developmentstatistical analysisdata analyticspredictive modelingmachine learningartificial intelligencedata architectureoptimizationstatistical sampling

Soft Skills

communicationorganizational skillsanalytical thinkingproblem-solvingcollaboration

Certifications

Master’s degreePhD