Sr Quantitative Finance Analyst (VP/Director) - Liquidity Model Validation

Disability Solutions - Charlotte, NC

Full-time - Mid Level

Charlotte, NC

About the position

The Senior Quantitative Finance Analyst - Liquidity Risk at Bank of America is responsible for conducting quantitative analytics and complex modeling projects to monitor and mitigate liquidity and funding risks. This role involves leading the development of new models, performing independent testing and review of existing models, and ensuring compliance with regulatory guidelines. The analyst will work closely with various teams to influence strategic direction and provide thought leadership in liquidity risk management.

Responsibilities

• Perform independent model validation, annual model review, ongoing monitoring report review, required action item review, and peer review.
• Conduct independent review of liquidity risk management processes and models to identify risks and implement measures to prevent and mitigate losses.
• Conduct governance activities such as model identification, model approval, and breach remediation reviews.
• Provide hands-on leadership for projects related to liquidity risk modeling approaches.
• Communicate and work directly with relevant modeling teams and Front Line Units, as well as with internal audit and external regulators.
• Write technical reports for distribution and presentation to model developers, senior management, audit, and banking regulators.
• Act as a senior level resource or resident expert on analytic/quantitative modeling techniques for liquidity risk management.
• Liaise with businesses to understand market trends and their impacts on the portfolio.
• Ensure adherence to regulations and company policies and procedures.
• Manage risk requests, breach remediations, and provide risk-effective challenges for front line units.
• Develop risk analyses and high-quality reports for senior management and regulators.

Requirements

• Master's degree in finance or economics or equivalent work experience.
• 5+ years of experience in building and understanding liquidity risk management models.
• Experience working in large banking institutions preferred.
• FRM and CFA certifications preferred.
• Strong familiarity with industry practices in liquidity risk management.
• Proven leadership abilities.
• Excellent written and oral communication skills with stakeholders of varying analytic skill and knowledge levels.

Nice-to-haves

• Experience with quantitative development and risk analytics.
• Knowledge of test engineering and data modeling.
• Strong problem-solving skills and adaptability.

Benefits

• Competitive benefits to support physical, emotional, and financial well-being.