Quant Analyst

Job DescriptionWe are looking for a Quantitative Analyst to join the Global Risk Analytics group at Bank of America. These roles will join the model development team based in Chicago. They will be responsible for working on a number of projects at once, all regarding credit risk and default risk. They are working on a standardized approach for modeling and model support. They will take large sets of sets, explain what the data means and explain it to different groups internally (risk managers, stakeholders, etc.). We are looking for a junior/mid-level candidate who can learn their environment, and grow with the team. This role will be a contract-to-hire position, based on performance.We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to [email protected] .   To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/ .Skills and RequirementsMasters degree and above, preferably in quantitative finance, physics, mathematics, a quantitative field, etc. Solid working experience (2 years +) in a related field (Market Risk, Middle Office, Counterparty Credit Risk). Broad financial product knowledge equity, credit risk Experience in data analysis, with excellent research and analytical skills Experience with VaR models (Value-At-Risk) and backtesting Experience/knowledge of FRTB nullWe are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion,sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military oruniformed service member status, or any other status or characteristic protected by applicable laws, regulations, andordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to [email protected].