Vice President, Quantitative Financial Analyst
Company: Bank of America
Location: New York City
Posted on: April 1, 2026
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Job Description:
Job Description: At 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 is core to how we drive
Responsible Growth. This includes our commitment to being an
inclusive workplace, attracting and developing exceptional talent,
supporting our teammates’ physical, emotional, and financial
wellness, recognizing and rewarding performance, and how we make an
impact in the communities we serve. Bank of America is committed to
an in-office culture with specific requirements for office-based
attendance and which allows for an appropriate level of flexibility
for our teammates and businesses based on role-specific
considerations. At Bank of America, you can build a successful
career with opportunities to learn, grow, and make an impact. Join
us! Job Description: This job is responsible for conducting
quantitative analytics and modeling projects for specific business
units or risk types. Key responsibilities include developing new
models, analytic processes, or systems approaches, creating
technical documentation for related activities, and working with
Technology staff in the design of systems to run models developed.
Job expectations include having a broad knowledge of financial
markets and products. Within the FICC Quantitative Strategies and
Data Group is our Global Rates Electronic Trading Strats team, one
of the fastest growing and dynamic areas at Bank of America. The
Global Rates team is a growing and ambitious organisation, and
eTrading continues to be recognized as a focus of future investment
and a driver of innovation. Responsibilities: Performs end-to-end
market risk stress testing including scenario design, scenario
implementation, results consolidation, internal and external
reporting, and analyzes stress scenario results to better
understand key drivers Supports the planning related to setting
quantitative work priorities in line with the bank’s overall
strategy and prioritization Identifies continuous improvements
through reviews of approval decisions on relevant model development
or model validation tasks, critical feedback on technical
documentation, and effective challenges on model
development/validation Supports model development and model risk
management in respective focus areas to support business
requirements and the enterprise's risk appetite Supports the
methodological, analytical, and technical guidance to effectively
challenge and influence the strategic direction and tactical
approaches of development/validation projects and identify areas of
potential risk Works closely with model stakeholders and senior
management with regard to communication of submission and
validation outcomes Performs statistical analysis on large datasets
and interprets results using both qualitative and quantitative
approaches Responsibilities of this role include working with
Global Rates business to research, design and build the trading
models and electronic systems for pricing, electronic market making
and automatic risk management for the Rates trading desks. This
role operates in close co-operation with our partners in Trading,
Sales and Technology as well as other lines of business across
FICC. Skills: Experience in designing and building production
trading systems and knowledge of underlying trading infrastructure,
with an emphasis on distributed low latency, high availability
systems, including pricing and risk management, trade & order
lifecycle management, algorithmic execution Exceptional development
skills in Java with experience working on multi-threaded
programming and dependency injection frameworks like Google Guice
or Spring Academic background at undergraduate or, ideally,
Masters/PhD level in a quantitative subject (Mathematics,
Statistics, Physics, Engineering, Computer Science or other
analytical background) or related work experience Financial markets
experience Experience in quantitative modelling and working with
large datasets ? Minimum Education Requirement: Master’s degree in
related field or equivalent work experience Shift: 1st shift
(United States of America) Hours Per Week: 40 Pay Transparency
details US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA
TOWER (NY1100) Pay and benefits information Pay range $200,000.00 -
$225,000.00 annualized salary, offers to be determined based on
experience, education and skill set. Discretionary incentive
eligible This 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. Benefits This 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.
Keywords: Bank of America, New Rochelle , Vice President, Quantitative Financial Analyst, Accounting, Auditing , New York City, New York