New York, NY, 10176, USA
4 days ago
Vice President; Quantitative Finance Analyst
Vice President; Quantitative Finance Analyst New York, New York **Job Description:** At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! **Responsibilities Required Skills & Experience** + 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. + Investigate and improve high-frequency algorithmic trading strategies. + Work with front office technology teams to integrate models into the trading and risk systems. + Perform work required to support regulatory and compliance requirements (including Comprehensive Capital Analysis and Review). + Develop Front Office Trading Risk and PnL Systems to help FICC trading desks more effectively manage intraday and end of day risks. + Use Python programming, object-oriented paradigms, and implementations of Financial Models for use in risk, pricing, and PnL attribution. + Develop high-reliability distributed computing processing systems using Python to calculate large volume trades risks and PL. + Analyze quantitative risk and pricing metrics of fixed income interest rate products including Swaps, Bonds, and Futures. + Apply statistical analysis to provide portfolio hedging suggestions. + Remote work may be permitted within a commutable distance from the worksite. **Required Skills & Experience** + Master's degree or equivalent in Financial Engineering, Statistics, Mathematics, or related; and + 2 years of experience in the job offered or a related financial occupation. + Must include 2 years of experience in each of the following: + Developing Front Office Trading Risk and PnL Systems to help FICC trading desks more effectively manage intraday and end of day risks; + Using Python programming, object-oriented paradigms, and implementations of Financial Models for use in risk, pricing, and PnL attribution; + Developing high-reliability distributed computing processing systems using Python to calculate large volume trades risks and PL; + Analyzing quantitative risk and pricing metrics of fixed income interest rate products including Swaps, Bonds, and Futures; and, + Apply statistical analysis to provide portfolio hedging suggestions. If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number. **EMPLOYER:** BofA Securities, Inc. **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 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 and affirmative action, 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. To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) . To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) . 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. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . 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.
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