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Quantitate Finance Analyst - Global Markets Risk Analytics, Vice President

Closing date
23 May 2022

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Contract Type
Full Time
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Job Description:

Job Title: Quantitative Finance Analyst - Global Markets Risk Analytics, Vice President

LOB: Global Risk / Global Markets Risk Analytics

Corporate Title: Vice President

Location: Bromley

Bank of America Merrill Lynch has an opportunity for a Quantitative Finance Analyst within our Global Risk Analytics (GRA) function. GRA is a sub-line of business within Global Risk Management (GRM).GRA is responsible for developing a consistent and coherent set of models and analytical tools for effective risk and capital measurement, management and reporting across Bank of America.

GRA partners with the Lines of Business and Enterprise functions to ensure that its models and analytics address both internal and regulatory requirements, such as quarterly Enterprise Stress Testing (EST), the annual Comprehensive Capital Analysis and Review (CCAR), and the Current Expected Credit Losses (CECL) accounting standard.GRA models follow an iterative and ongoing development life cycle, as the bank responds to the changing nature of portfolios, economic conditions and emerging risks.

In addition to model development, GRA conducts model implementation, data management, model execution and analysis, forecast administration, and model performance monitoring. GRA drives innovation, process improvement and automation across all of these activities.


The role focuses on data and application integration with APIs from various systems across the Bank. It is a new position which aims at centralizing data initiatives and data integration requests within GMRA, in order to avoid duplication of effort over time and across teams.

The candidate is expected to interact with colleagues in GMRA, source systems owners across various LOB, and technology teams. The candidate is also expected to learn about internal standards, systems and processes, plan integration with technology, design and build integration solutions, communicate with stakeholders, and rigorously document requirements from upstream and downstream systems.

As a Quantitative Finance Analyst, your responsibilities will involve:
  • Detailed design and development of a market risk system focused on model analysis
  • Work alongside experienced quant/developers within global risk analytics
  • Assist in high profile regulatory focused deliverables
  • Opportunity to work on a large market risk system and gain cross asset pricing and modelling knowledge

The Team:

Global Markets Risk Analytics (GMRA) is part of Global Risk Analytics (GRA). It responsible for developing, maintaining, and monitoring counterparty credit risk and market risk models. GMRA also develops analytical tools to support regulatory, audit, and internal risk management needs for Global Markets.

This role sits within Process Engineering (PE) team, which focuses on execution of strategic projects across GMRA by providing technological tools and solutions for process improvement and modelling efficiency.

Core Skills:
  • Bachelor's degree or equivalent with a quantitative emphasis in areas such as mathematics, engineering, or computer science
  • Proven programming skills (Python, C++, SQL, or equivalent object-oriented programming)
  • Experience in working with data from various sources
  • Ability to work well within a team based development environment
  • Can effectively use modern software development and lifecycle tools enabling excellent source control and code review
  • Confident problem solving skills with the ability to tackle issues independently
  • Ability to get to grips with a large and complicated systems
  • Great communication skills, including the ability to write clear and concise documentation
  • A team player who can work in well with existing systems while still finding a way to impart a personal style

Desired Skills and Experience
  • Data integration experience is a plus

Bank of America

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

This employer is a corporate member of myGwork - LGBTQ+ professionals, the business community for LGBTQ+ professionals, students, inclusive employers & anyone who believes in workplace equality.
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