Associate, Quantitative Financial Analyst

Bank Of America Corporation New York , NY 10007

Posted 3 weeks ago

Job Description:

Overview:

The Quantitative Strategies Group (QSG) includes a strong team focused on serving the commodities desks within the GBAM business. The team is responsible for direct support of traders, control functions and the FICC Management globally. The team covers development and maintenance of pricing models and implementation in the analytics platform as well as their delivery and support across the different desks. The specific role we are looking to fill will be in close interaction to the trading desk and developing tools to help in the trading process.

Responsibilities:

  • Develop and maintain desk tools in Python

  • Support the trading desk with use of existing models, developing new strategies

  • Analysis of large data sets and distilling the information contained within

  • Developing hedging strategies and back testing their performance

  • Work closely with the technology team in order to deliver the analytics in the new system as well as improve performance where necessary

  • Work with model risk management to document and review new and existing models

  • Maintenance and performance improvements on the existing analytics library in C++

Competencies we look for:

  • Strategic Thinking: Business knowledge, Innovation & Creativity

  • Business Results: Analytical ability, execution

  • People leadership: Collaboration and team work

  • Personal Effectiveness: Strong communication skills, energy and drive

Required Skills

  • A degree in a highly quantitative field at the graduate level (Masters or PhD)

  • Significant experience programming in Python and C++

  • Knowledge of working within a structured software development environment which uses source control software and has a formal release process

  • Rigorous problem solving skills

Desired Skills

  • Knowledge of main commodities products, understanding of derivatives pricing models

  • Experience with large dataset analysis

  • Time series analysis, statistical modeling

Posting Date: 03/27/2019

Location: New York, NY, BANK OF AMERICA TOWER, ONE BRYANT PARK, - United States

Travel: No

Full / Part-time: Full time

Hours Per Week: 40

Shift: 1st shift


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Associate, Quantitative Financial Analyst

Bank Of America Corporation