Bank Of America Quantitative Finance Analyst Stress Testing 

France, Ile-de-France, Paris 

829838726

Corporate Title: Up to VP

Supporting the EMEA stress testing team for the ICAAP and EBA stress testing requirements, as well as other regulatory or internal stress tests requests. Supporting the design and implementation of the scenarios, including review of exposure profiles and evaluating the inclusion of new and emerging risks.

Role Description:

You will support the design of the Global Market Shock scenarios, including review of exposure profiles and evaluating the inclusion of new and emerging risks. Analyze scenario analysis results to better understand the key drivers of the results. Work with subject matter experts to create presentations and documentation for stress testing activities. Engage with technology and data partners to improve the technology platforms used to manage the processes

Responsibilities:

• Performing end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analysing stress scenario results to better understand key drivers.
• Supporting the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritisation.
• Identifying 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.
• Supporting 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.
• Working closely with model stakeholders and senior management with regard to communication of submission and validation outcomes.
• Performing statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches.

What we are looking for:

• Substantial experience in the financial industry, ideally with exposure to market risk concepts.
• Highly motivated individual who fully understands the demands of a market risk professional with ability to work in a fast-paced environment.
• Highly proficient at communication with ability to influence co-workers across our global team and all levels of the organisation.
• Intellectually curious with the ability to investigate and develop root cause analysis for issues and propose corresponding process or technology changes.
• Effective time management skills, with the ability to manage multiple high priority deliverables simultaneously.

Skills that will help:

• Academic achievement in quantitative disciplines such as mathematics or statistics preferred.
• Familiarity with coding, Python or VBA.

France

• Competitive retirement plan in addition to State plans
• Mandatory Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family.
• Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers
• Life and disability insurance
• Time Savings Account (‘CET’) to save some of your leave days, cash them out or use them later
• Reimbursement of 50% of your commuter pass
• Nursery scheme for children under age 3
• Works council benefits
• Access to an Employee Assistance Programme for confidential support and help for everyday matters
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering with local charities
• Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.