Vice President; Quantitative Finance Analyst

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

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.

• Investigate and improve high-frequency algorithmic trading strategies.

• Generate required documentation and testing 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 Economics, Mathematics, Economics, Statistics, Finance, or related: and

• 3 years of experience in the job offered or a related Quantitative occupation.

• Must include 3 years of experience in each of the following:

• Developing and implementing quantitative models to analyze market behavior, forecast trends, and evaluate economic scenarios;

• Applying statistical and econometric techniques to solve complex problems, validate hypotheses, and support data-driven decision-making;

• Designing and implementing data-driven solutions to manipulate large datasets, automate analytical workflows, and build scalable tools for research and strategy; and,

• Constructing financial and statistical models using transactional-level data to support advanced analytics, optimize decisions, and generate strategic insights.

If interested apply online at www.bankofamerica.com/careers or email your resume to [email protected] 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

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$200,000.00 - $225,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.