Bank of America Corporation

Liquidity Reporting Quantitative Finance Analyst

Bank of America Corporation$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in quantitative and analytical roles, particularly in financial services.
  • Strong knowledge of liquidity risk metrics and banking products.
  • Proficiency in project management with the ability to prioritize effectively.
  • Exceptional communication skills for presenting complex analyses to varied audiences.
  • Proven teamwork abilities, collaborating cross-functionally with different teams.

Responsibilities

  • Conduct comprehensive market risk stress testing and analyze results to identify key drivers.
  • Collaborate on setting quantitative project priorities aligned with the bank's strategy.
  • Identify process improvements in model development and validation through critical feedback.
  • Assist in model development supporting business requirements and risk management objectives.
  • Provide strategic methodological guidance for development and validation projects.
  • Communicate validation outcomes effectively to stakeholders and management.
  • Perform statistical analysis on large datasets to derive actionable insights.

Benefits

  • Collaborative work environment fostering professional development and innovation.
  • Opportunities to work with cutting-edge analytics and technology systems.
  • Engagement in meaningful projects that directly impact financial strategies.
  • Access to advanced training and development resources for skill enhancement.
  • Participation in a culture that values teamwork and knowledge sharing.
Full Job Description
Job Description:

This job is responsible for conducting quantitative analytics and modeling projects for specific business units or risk types. Key responsibilities include developing new models, analytic processes, or systems approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations include having a broad knowledge of financial markets and products.

Responsibilities:
  • Performs end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers
  • Supports the planning related to setting quantitative work priorities in line with the bank's overall strategy and prioritization
  • Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation
  • Supports model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite
  • Supports the methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk
  • Works closely with model stakeholders and senior management with regard to communication of submission and validation outcomes
  • Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches
  • Work closely with Technology and data engineering teams to design and implement robust systems and infrastructure that run and scale the developed liquidity models and analytics
  • Participate in system testing, ensure model integration into enterprise platforms, and identify enhancements to data pipelines and analytical tools supporting liquidity risk management
  • Create and maintain comprehensive technical documentation for all liquidity stress methodologies, data processes, and assumptions


Required Qualifications:
  • Quantitative & Analytical Skills: Proven ability to analyze and manipulate large datasets with strong attention to detail and data integrity. Experience applying statistical or quantitative methods to real-world financial questions.
  • Financial & Liquidity Knowledge: Fundamental understanding of liquidity risk metrics (e.g., cash flow forecasting, liquidity coverage, or stress testing), balance sheet structure, and financial market dynamics. Familiarity with banking products and liquidity-related regulatory concepts.
  • Project & Time Management: Excellent organizational skills with the ability to manage multiple priorities, meet deadlines, and adapt in a time-sensitive environment without sacrificing quality. Self-motivated and able to work independently with minimal supervision.
  • Communication: Strong written and verbal communication skills, including the ability to distill complex quantitative analyses into clear insights for technical and non-technical stakeholders. Experience with formal presentations or reporting of analytical findings.
  • Teamwork: Demonstrated ability to collaborate effectively with cross-functional teams (e.g., technology, risk, finance) and proactively share knowledge.


Desired Qualifications:
  • Advanced Technical Skills: Proficiency in Python programming for data analysis, statistical modeling, and automation; strong knowledge of SQL and relational databases for complex data extraction and transformation tasks; experience with data analytics and workflow tools such as Alteryx; and familiarity with data visualization platforms like Tableau to create intuitive dashboards and reports.
  • Quantitative Modeling & Statistics: Experience developing or using quantitative models (particularly in risk or liquidity contexts), statistical analysis techniques (e.g., regression analysis, scenario simulation, Monte Carlo methods), or working with large-scale data frameworks.
  • Liquidity & Regulatory Expertise: Background in liquidity risk management or regulatory liquidity reporting (such as LCR, NSFR, FR 2052a, or other liquidity stress testing processes) is highly desirable. Knowledge of balance sheet management and ALM (Asset-Liability Management) practices is a plus.
  • Advanced Education & Certifications: Master's degree in a relevant quantitative discipline (Finance, Mathematics, Financial Engineering, Data Science, etc.) or professional certifications like FRM (Financial Risk Manager) or CFA are strongly preferred, indicating advanced analytical training and commitment to the field.


Skills:
  • Critical Thinking
  • Quantitative Development
  • Risk Analytics
  • Risk Modeling
  • Technical Documentation
  • Adaptability
  • Collaboration
  • Problem Solving
  • Risk Management
  • Test Engineering
  • Data Modeling
  • Data and Trend Analysis
  • Process Performance Measurement
  • Research
  • Written Communications


Minimum Education Requirement: Master's degree in related field or equivalent work experience

Shift:
1st shift (United States of America)

Hours Per Week:
40

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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