GMRA Analyst Mumbai, India **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba_continuum/job/Mumbai/GMRA-Analyst_26037572) **Bank of America employees are required to meet all** **posting eligibility requirements** **prior to applying for any new position.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba_continuum/job/Mumbai/GMRA-Analyst_26037572) Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba_continuum/job/Mumbai/GMRA-Analyst_26037572) **Bank of America employees are required to meet all** **posting eligibility requirements** **prior to applying for any new position.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba_continuum/job/Mumbai/GMRA-Analyst_26037572) **Job Description:** **About Us** 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! **Global Business Services (GBS)** Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions through a centrally managed, globally integrated delivery model. GBS is recognized for operational excellence, innovation, resiliency, and robust risk management. In India, we operate as BA Continuum India Private Limited (BACI), supporting global business functions across multiple locations including Mumbai, GIFT City, Gurugram, and Hyderabad. **Process Overview** The team supports the firm's Market Risk organization through the production, analysis, and enhancement of Risk Not in VaR (RNiV) and VaR-related risk metrics. The team partners closely with Global Risk Market Analytics (GMRA), Global Markets Risk (GMR), Risk Technology, and Quantitative Analytics teams to source model inputs, perform quality controls, execute risk calculations, analyze results, and support ongoing enhancements to the market risk infrastructure. As part of the strategic future-state build, the team is developing the SRPnL platform and next-generation VaR engine leveraging full revaluation methodologies. The role offers an prospect to contribute to model development, testing, benchmarking, production optimization, and risk analysis across a broad range of financial products. **Role Overview** We are seeking a highly motivated Risk Quant Analyst to support the future-state build of the SRPnL platform and VaR engine while contributing to the production and enhancement of the firm's RNiV framework. The successful candidate will be responsible for supporting lower-lane testing, benchmark analysis, valuation investigations,



production process improvements, and quantitative risk analytics. This role requires robust derivatives pricing knowledge, quantitative problem-solving skills, and the ability to analyze complex valuation and risk results across methodologies and platforms. **Key Responsibilities** **VaR Engine & SRPnL Platform** + Support development and testing of the future-state SRPnL platform and VaR calculation framework. + Perform lower-lane testing and validation of full revaluation methodologies under benchmarking scenarios. + Analyze and investigate differences between Grid PnL and SFRC PnL outputs. + Determine whether observed differences arise from valuation methodologies, model design, market data, or instrument-specific characteristics. + Support optimization and stabilization of production batch processes and risk calculation workflows. + Partner with stakeholders across Risk, Quantitative Analytics, and Technology teams to validate findings and implement improvements. **RNiV Production & Analytics** + Execute monthly and quarterly RNiV calculations across legal entities from data sourcing through result sign-off. + Perform input quality controls and validation checks across risk factor and valuation datasets. + Analyze risk-factor drivers and explain changes in RNiV and VaR results. + Partner with Risk Managers to prepare change commentary and support market risk management activities. + Conduct ad-hoc quantitative analysis to support management, regulatory, and business requests. + Identify opportunities to improve methodologies, controls, automation, and analytical processes. **Risk Infrastructure & Automation** + Develop, enhance, debug, and maintain Python-based solutions supporting model execution and production processes. + Create and maintain process documentation, testing evidence, methodology documentation, and operational procedures. + Contribute to the broader enhancement of market risk analytics, infrastructure, and automation capabilities. **Requirement :** **Education** + Bachelor's or Master's degree in Finance, Mathematics, Economics, Statistics, Physics, Engineering, or a related quantitative discipline. **Experience Range:** + 5-8 years of experience in Market Risk, Quantitative Analytics, Model Development, Valuation, Risk Technology, or related quantitative finance functions. **Foundational Skills** + Strong understanding of derivatives pricing, valuation methodologies, and risk analytics. + Experience with VaR, RNiV, Market Risk Capital models, or related risk measurement frameworks. + Strong analytical and quantitative problem-solving capabilities. + Proficiency in Python for data analysis, automation, and quantitative investigations. + Experience working with large datasets and performing complex data analysis. + Working knowledge of: + Quartz + Market Risk Suite (MRS) + Zinc + Tableau + SQL + Ability to investigate valuation and PnL differences across systems and methodologies. **Desired Skills** + Familiarity with full revaluation methodologies and VaR benchmarking frameworks. + Understanding of market risk regulatory capital requirements and risk governance frameworks. + Broad knowledge of financial products including rates, FX, credit, equity, and derivatives products. + Experience working with cross-functional teams across Risk, Quantitative Analytics, and Technology. + Strong written and verbal communication skills with ability to communicate complex analytical findings effectively. + Experience identifying and implementing process automation and efficiency improvements.



**Location:** Mumbai Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. View your "Know your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf) " poster. View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason. Investment products offered through MLPF&S; and insurance and annuity products offered through MLLA: **Are Not FDIC Insured** **Are Not Bank Guaranteed** **May Lose Value** **Are Not Deposits** **Are Not Insured by Any Federal Government Agency** **Are not a condition to Any Banking Service or Activity** Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "MLPF&S;" or "Merrill") makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation ("BofA Corp."). MLPF&S; is a registered broker-dealer, registered investment adviser, **Member SIPC** and a wholly owned subsidiary of BofA Corp. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation. Trust, fiduciary and investment management services are provided by Bank of America, N.A., Member FDIC and wholly owned subsidiary of Bank of America Corporation ("BofA Corp."). Bank of America Private Bank is a division of Bank of America, N.A. Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. © 2026 Bank of America Corporation. All rights reserved.

📌 GMRA Analyst (Mumbai)
🏢 Bank Of America
📍 Mumbai