Quantitative Finance Analyst

Job Description:

Job Title: Quantitative Finance Analyst

Corporate Title:  AVP

Location:  Dublin, IE.

Company Overview:

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Location Overview:

Overlooking the spectacular Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office. Travel options include the LUAS, Dublin Bus networks as well as the Dublin Bikes station, positioned just outside our front doors. As part of our commitment to supporting staff travel to and from work in the most sustainable way possible, we also provide tax saver tickets as part of our award-winning benefits package which means getting to work has never been easier.

The Team:

The team has responsibility conducting research, analytics as well as process automation across multiple markets and currencies.

Employees interact daily with internal and external constituents including business lines, other Treasury functions such as Balance Sheet Management (BSM), Finance, Capital Management, Investor Relations and Global Liquidity Management, Legal, internal control partners, regulators, market dealers, and investors. GF strives to provide efficient funding strategies across the enterprise in the most cost-effective manner, while managing the risks associated with those strategies.

Implementation of our funding and hedging strategies necessitates flawlessly executing transactions with internal and external counterparties in accordance with liquidity constraints, internal guidelines, legal limitations and regulatory directives.

Role Description:

This role supports Treasury’s Global Funding desk; specifically focused on the trading / funding risk management, analytics and process automation.

This role requires critical thinking about the many challenges facing our company and industry with an emphasis on attention to detail, teamwork and good communication skills.

Treasury provides an opportunity to gain broad knowledge about the company and its many businesses as well as the global markets in which we transact.

Your day-to-day experience will be varied and challenging and will allow you to extend your skills within various disciplines.

Responsibilities:

Your day to day experience will be varied and challenging, and will allow you to extend your skills within various disciplines.

Key Responsibilities:

• Conducting research and analytics on FX and Rates market related to funding as well as asset and liability management

• Design, implementing and enhance quantitative models (both risk natural, statistic or machine learning models)

• Optimize trading strategies and reduce overall risk

• Desk process management and maintenance

What we are looking for:

• Advance degree in quantitative finance, or engineering major - or related work experience

• Experience in financial analysis (bond math, analytics, cash flows) or trading (traded or monitored/reported on trading strategies) experience

• Experience in programming (python or other OOO programming), modelling (derivative pricing, statistic or machine learning)

• Understanding of financial markets, liquidity and risk

• Critical thinking, good attention to detail, analytical, investigative problem-solving skills

Skills that will help:

• Advance programming skills (deep knowledge about python or c/c++, familiar with data structure and standard algorithm, design pattern, etc.)

• Familiar with FX / IRD derivative

• Solid foundation in statistics and machine learning

• Bloomberg and other market sources

Benefits of working at Bank of America:

Ireland

• At Bank of America, we strive to prioritise employees’ health and wellbeing – it’s what makes us a Great Place to Work.

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons.

• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum. 

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness, cycle to work, TaxSaver tickets etc.

• Access to an Employee Assistance Program for confidential support and help for everyday matters.

• Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan.

• Ability to donate to charities of your choice and the bank will match your contribution.

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland’s most iconic cultural institutions and exhibitions.

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long-term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, membership of the Traveller community, age, sexual orientation, pregnancy or maternity, civil status, socio-economic background, family status or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.