Quantitative 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!

Job Description:
Deliver financial market intelligence, insight, opinion and expertise. Deliver Asset Allocation advice and recommendations. Construct and rebalance client portfolios. Provide timely communication about investment results in client portfolios, including performance attribution. Introduce new investment products and opportunistic strategies. Oversee and manage, in conjunction with ISG, the open architecture program.

As part of the Chief Investment Office (CIO) Portfolio Management team, the Quantitative Analyst is responsible for automating and enhancing processes via programming and analytical tools. Working with the team, the Quantitative Analyst will support production of collateral for the CIO’s centrally-managed portfolios, and other ad hoc projects. 

Responsibilities:

• Manages and improves portfolio collateral production, including ad hoc, monthly, and quarterly deliverables, while coordinating with Portfolio Management team, Compliance and Marketing.
• Builds automated solutions using R, SQL, Excel/VBA, Python, and related tools for collateral production. 
• Documents established procedures for collateral production, and trains team members to ensure effective transition and ongoing support. 
• Extracts, validates, and analyzes large datasets from SQL databases, FactSet, and Bloomberg.
• Maintains strong knowledge of markets, CIO investment views, quantitative methods, and portfolio construction. 

Required Qualifications:

• 3+ years of applicable working experience
• Experience building in a production environment with R, RShiny, RMarkdown/LaTeX, SQL, VSCode, AI tools, and Rest API
• Proficient Writer and Communicator / Skilled in Performance Reporting and Attribution / Familiarity with Investments including ETFs and Mutual Funds 
• Experience in manipulating large data sets, data analysis, implementing analytical methods such as single and multi-factor regression
• SIE, Series 7 and 66 or the ability to gain licenses within 120 days of hire
• Strong analytical, communication, writing, interpersonal, and project-management skills, with excellent attention to detail 

Desired Qualifications:

• Familiarity with investment and analytical platforms such as Bloomberg, Morningstar, and FactSet.
• Bachelor’s degree preferably in technical degrees, such as Computer Science, Engineering, Statistics, or Math
• Experience with VBA, Python and/or MATLAB, and Git. 

Skills:

• Attention to Detail
• Causation Analysis
• Research
• Adaptability
• Client Investments Management
• Collaboration
• Critical Thinking
• Risk Management
• Investment Management
• Oral Communications
• Presentation Skills
• Written Communications

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.

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

$100,000.00 - $131,500.00 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.