Quantitative Finance Analyst

Job Title: Quantitative Finance Analyst

Corporate Title: Up to Director

Location: Bromley

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

We are seeking a highly skilled Quantitative Finance Analyst to join our Global Risk Analytics team. As a key member of our team, you will be responsible for conducting quantitative analytics and modelling projects for specific business units or risk types.

Key Responsibilities:

• Develop and implement statistical models to estimate physical climate risk
• Collaborate with stakeholders to collect requirements and develop modelling solutions
• Implement models using well-written and governed Python code
• Produce clear and coherent technical documentation for internal and regulatory purposes
• Promote the adoption of GRA best practices for model development, implementation, and monitoring

Requirements:

Highly numerical degree (Masters required; PhD level desirable) in Statistics, Financial Mathematics, Applied Mathematics, Economics, Physics, or Engineering

Demonstrable work experience in developing, documenting, and maintaining risk and/or capital models and handling large datasets

Technical skills: Statistics, Probability Theory, Econometrics, Financial Mathematics

Strong programming skills: SQL, Python, VBA, LaTeX

Strong technical writing and clear verbal communication skills

Experience of working under pressure and delivering to tight deadlines

Ability to work independently, multitask, and properly prioritize work

Curiosity and willingness to develop and work on new ways of modelling

Benefits:

Private healthcare for you and your family, plus an annual health screen

Competitive pension plan, life assurance, and group income protection cover

20 days of back-up childcare and 20 days of back-up adult care per annum

Access to an emotional wellbeing helpline, mental health first aiders, and virtual GP services

Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK's most iconic cultural institutions and exhibitions

Opportunity to give back to your community, develop new skills, and work with new groups of people by volunteering in your local community

Bank of America:

Good conduct and sound judgment are crucial to our long-term success. It's essential that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset 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 sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants, or physical or mental disability.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

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