Quantitative Finance Analyst

Job Description:

Job Title: Quantitative Finance Analyst

Corporate Title: Vice President

Location: London

Role Description:

• Responsible for measuring counterparty credit risk (CCR) for all lines of businesses in
  the Markets division covering all traded products (fixed income, currency, commodities, equities).
• Participate in constructing counterparty credit risk portfolio reviews along with
  specialized deep dives on specific counterparties.
• Present their analysis to senior management, including Market Risk, Wholesale Credit, and Enterprise Credit, as well as Front Office, Trading and Sales team. In this capacity, the analyst will need to leverage their expertise in counterparty credit risk management and traded products to highlight areas that warrant additional investigation, monitoring and discussion.
• The analysis will encompass a range of counterparty exposure management techniques such as potential future exposure, stress testing, sensitivity analysis, wrong way risk, and CVA.
• Additionally, assist in the managing of counterparty concentration limits at the counterparty
  level across asset classes.
• Responsible for maintaining strong risk discipline and demonstrated ability to working across a variety of functions including trading, sales and credit risk.
• The successful candidate will need to have a mix of technical skills and the ability to communicate with a wide audience both written and orally.

The Team:

The CCRPM team is responsible for managing counterparty concentration, performing counterparty
portfolio analysis, and delivering the BAU counterparty stress testing.

Key skills:

Required Skills:

• Solid understanding of derivative products with broad knowledge across asset classes (FX, rates, equity, and credit
• Knowledge about counterparty risk measurement techniques on derivatives and financing transactions preferred
• Strong computer skills (Office, VBA, Python, Bloomberg, SQL)
• Excellent communication skills both written and verbal
• Self-starter who excels in a fast paced environment

Desired skills:

• Master in a quantitative discipline or finance/economics preferred
• Prior experience in a risk analyst role covering Global Markets products 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.