Associate - Quant

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

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.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Responsibilities

• Perform enhancement of pricing and risk models to incorporate new market or products features.

• Conduct quantitative analysis of the current markets, trends and trading strategies.

• Perform numerical analysis of existing models and implementation and testing of performance enhancements.

• Develop tools and analytics to assist with pnl explain and hedging optimization.

• Generate required documentation and test to support model risk management ongoing model review and validation.

• Work with front office technology teams to integrate models into the trading and risk systems.

• Perform work required to support regulatory and compliance requirements (such as Comprehensive Capital Analysis and Review).

• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience

• Master's degree or equivalent in Financial Engineering, Economics, Mathematics, Finance, or related: and

• 2 years of experience in the job offered or a related Finance occupation.

• Must include 2 years of experience in each of the following:

• Developing quantitative analytics in support of delta one products leveraging functional programming techniques;

• Utilizing Numeric analysis software in python including numpy, scipy, and pandas;

• Utilizing optimization techniques applicable for balance sheet utilization and Machine Learning methodologies for automation of data extraction from large documents;

• Developing workflow tools and user interfaces to facilitate trading activities; and,

• Developing and supporting ETL pipelines to perform pre-trade analytics for swap business and related desk functions.

If interested apply online at or email your resume to [email protected] and reference the job title of the role and requisition number.

BofA Securities, Inc.

Shift:

1st shift (United States of America)

Hours Per Week:

40