Vice President; Quantitative Finance Analyst - Military Veterans
at Bank of America
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
New York, NY
You’ve led troops, now help lead your community
As a leader in the military, you motivated troops to get the job done. We value your ability to influence change and encourage you to continue that influence here and in our communities. Our Military Affairs Team proudly supports veterans in our communities through education and volunteer events. Together, we can create better communities and a brighter future for us all.
First you fought for the American dream, now you can guide its future
You joined the military to protect a nation and its people. Let the same passion for making a difference lead you to a new career. At Bank of America, we’re proud that more than 6,800 veterans work for us. They’ve discovered that their desire to help others didn’t end with their service. Here, you’ll help our customers and clients connect to better financial lives.