Experienced Quantitative Analyst - Content Moderation and Financial Product Development for Global Institutional Clients

Unlock a Rewarding Career with Bank of America: Join Our Team as a Quantitative Analyst

At Bank of America, we're driven by a clear purpose: to help make financial lives better through the power of every connection. As a leader in the financial industry, we're committed to Responsible Growth, a guiding principle that informs everything we do. We're dedicated to creating an exceptional work environment that fosters diversity, inclusion, and opportunities for growth. If you're a motivated and talented professional looking for a challenging and rewarding role, we invite you to join our team as a Quantitative Analyst.

About the Role

As a Quantitative Analyst at Bank of America, you'll play a critical role in developing and implementing quantitative strategies and financial products for our global institutional clients. You'll work closely with our trading and sales teams to meet liquidity and trading limits, and collaborate with clients to understand their needs and design tailored solutions. This is a unique opportunity to apply your skills and expertise in a fast-paced and dynamic environment, and to contribute to the success of our clients and the bank.

Key Responsibilities

• Design and implement quantitative strategies and techniques in Product and FX markets for global institutional clients
• Conduct thorough and innovative analysis, and generate groundbreaking ideas from numerical, statistical, financial, and economic concepts
• Develop a framework to test ideas using computer code, statistical models, and perform end-to-end development, including alpha idea generation, data processing, strategy backtesting, optimization, and execution
• Create research for clients to demonstrate evidence of risk premium, and present research to a wide audience, marketing with clients through in-person meetings or calls to understand their needs and design specific products
• Develop and enhance the code base for the development, computation, and maintenance of strategy products, approximately 2,000 products currently
• Work closely with Merchants and Sales to meet Liquidity/Trading limits as needed
• Design financial products/strategies on derivatives, such as futures and options in Commodities or FX asset classes
• Data engineering to develop and streamline data processes that are critical to all stages of systematic strategy development via data collection of both structured and unstructured data, descriptive data analysis, signal processing, and data visualization
• Local and parallel programming in Python or C# to perform object-oriented coding and system design
• Work on in-depth data science research projects using advanced statistical techniques, such as Machine Learning and time series prediction

Essential Qualifications

To succeed in this role, you'll need:

• A Bachelor's degree or equivalent in Computational Finance, Financial Engineering, Machine Learning, Quantitative Finance, or a related field
• At least 2 years of experience in a quantitative role, or a related field
• 2 years of experience in at least two of the following areas:
  • Designing financial products/strategies on derivatives, such as futures and options in Commodities or FX asset classes
  • Data engineering to develop and streamline data processes that are critical to all stages of systematic strategy development
  • Local and parallel programming in Python or C# to perform object-oriented coding and system design
  • Working on in-depth data science research projects using advanced statistical techniques, such as Machine Learning and time series prediction

Preferred Qualifications

While not required, the following qualifications can enhance your candidacy:

• Advanced degree in a quantitative field, such as a Master's or Ph.D.
• Experience working in a financial institution or a related industry
• Strong programming skills in languages such as Python, C++, or Java
• Experience with data science tools and technologies, such as pandas, NumPy, or scikit-learn
• Strong analytical and problem-solving skills, with the ability to communicate complex ideas to both technical and non-technical audiences

Skills and Competencies

To excel in this role, you'll need:

• Strong quantitative and analytical skills, with the ability to analyze complex data sets and develop insights
• Excellent programming skills, with the ability to write efficient and effective code
• Strong communication and presentation skills, with the ability to communicate complex ideas to both technical and non-technical audiences
• Ability to work in a fast-paced and dynamic environment, with a strong focus on teamwork and collaboration
• Strong problem-solving skills, with the ability to think creatively and develop innovative solutions

Career Growth Opportunities

At Bank of America, we're committed to helping our employees grow and develop their careers. As a Quantitative Analyst, you'll have opportunities to:

• Develop your skills and expertise in a fast-paced and dynamic environment
• Work on complex and challenging projects, with the opportunity to make a meaningful impact on our clients and the bank
• Collaborate with experienced professionals and learn from their expertise
• Take on new challenges and responsibilities, with opportunities for career advancement

Work Environment and Company Culture

At Bank of America, we're committed to creating an exceptional work environment that fosters diversity, inclusion, and opportunities for growth. Our culture is built on the principles of Responsible Growth, and we're dedicated to making a positive impact on our clients, colleagues, and communities. As a Quantitative Analyst, you'll be part of a talented and diverse team, with opportunities to collaborate and learn from others.

Compensation and Benefits

We offer a competitive compensation package, including a salary of $370 per day, as well as a range of benefits and perks, such as:

• Comprehensive health and wellness benefits
• Retirement savings plan
• Paid time off and holidays
• Opportunities for career growth and development
• A dynamic and inclusive work environment

Conclusion

If you're a motivated and talented professional looking for a challenging and rewarding role, we invite you to join our team as a Quantitative Analyst. With a competitive compensation package, opportunities for career growth, and a dynamic and inclusive work environment, this is an opportunity you won't want to miss. Apply now to take the next step in your career!

Don't miss out on this exciting role. We are looking forward to hearing from you. Apply now!