Assistant Vice President Risk Analysis Specialist

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 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

• Prepare monthly and quarterly reporting of key consumer and commercial credit metrics for internal and external reporting.

• Report can include data reports and disclosures for credit quality flash Investor Relations Credit Risk Committee Regulatory and SEC filings including quarterly data utilized for earnings and stress testing.

• Research and analyze key credit data including net credit losses loan delinquencies nonperforming and criticized balances preparing variance analysis that explain fluctuations.

• Apply quantitative models and techniques to address and resolve concrete financial problems.

• Utilize advanced quantitative techniques and tools such as statistical analysis predictive modeling linear regressions SAS R and Matlab as needed.

• Develop emerging risk assessments analyze credit risk scenarios as well as modeling some of our key risk factors.

• Conduct research and analysis to provide a micro view of risk management in a particular business line and a macro view of risk management for the bank.

• Assess market trends and provide quantitative data for internal partners and ultimately clients.

• Apply quantitative knowledge to specific financial challenges and projects specific to the business alignment.

• Implement solutions applying both qualitative and quantitative methods.

• Respond to internal and external audit requests independent testing SOX reviews and regulatory exams.

• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience

• Masters degree or equivalent in Finance Economics Management or related: and

• 3 years of experience in the job offered or a related Quantitative occupation.

• Must include 3 years of experience in each of the following:

• Developing quantitative analytics and risk models for fixed income portfolios using analytical tools including VBA and Bloomberg E Bond Platform to enhance visibility into interest rate credit spread and liquidity risks;

• Leading automation initiatives embedding VBA scripting into reporting cycles to streamline bond valuation risk attribution and performance reporting;

• Conducting trend analysis scenario simulations and stress testing to assess the impact of macroeconomic changes rate shocks and credit downgrades on fixed income portfolios;

• Building and maintaining automated data pipelines for monthly quarterly and ad hoc reporting on bond holdings structured products and fixed income derivatives; and

• Ensuring data integrity through advanced research and quantitative analysis of key fixed income data including pricing spreads and risk factors.

• The employer will accept pre- or post-masters degree experience in meeting the minimum requirements.

If interested apply online at or email your resume to and reference the job title of the role and requisition number.

EMPLOYER: Bank of America N.A.

Shift:

Hours Per Week: