Vice President; Quantitative Finance Analyst

August 17, 2026

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About the position

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Responsibilities

Conduct quantitative analysis and model validation projects independently.
Create documentation for all activities and work with Technology staff to design any systems that run the validated models.
Review the underlying assumptions, theory, derivation, empirical evidence, implementation, and limitations of the model being validated.
Perform independent testing to identify and quantify model risk associated with the model being validated.
Prepare validation reports and technical documents for the model being validated.
Work closely with model stakeholders (business, model developers, Market Risk, Finance/PVG, and other control functions) regarding compensating controls of the models and communication of validation outcomes.
Maintain a sub-portfolio of model inventory and perform annual model reviews, ongoing monitoring reviews, Required Action Items, and Recommendations closure.
Apply the firm’s technical systems and platforms, as well as programming languages (e.g., Python, C++), to conduct independent quantitative testing and ongoing model performance reviews.
Support and contribute to remediation work for regulatory findings related to covered businesses and models.
Participate in and lead initiatives to simplify and improve MRM programs to drive more effective model risk management.

Requirements

Master's degree or equivalent in Financial Mathematics, Finance, Economics, Management or related: and 2 years of experience in the job offered or a related Quantitative occupation.
Must include 2 years of experience in using modeling principles including time-series, stochastic processes, numeric methods and knowledge of financial markets to independently test models for Equities and derivative products.
Must include 2 years of experience in implementing models for derivative pricing and portfolio valuation using data analysis and Monte Carlo techniques.
Must include 2 years of experience in developing performance assessment dashboards for different asset classes including Equities, Commodities, and FX in VBA and Python.
Must include 2 years of experience in applying statistical techniques to analyze trends and uncover risks in performance of volatility models for option pricing, risk management and market strategies.
Must include 2 years of experience in preparing technical reports/presentation slides with quantitative information that are accessible to stakeholders and clients who are not necessarily versed in quantitative finance.
Employer will accept pre- or post-Master's degree experience in meeting the minimum requirements.

Benefits

access to paid time off
resources and support to our employees

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