9 days old

Intermediate Quant Analyst, CIO

New York, NY 10176
Intermediate Quant Analyst, CIO



New York, New York



**Job Description:**



**CIO Portfolio Construction & Investment Analytics Team**



The CIO Portfolio Construction & Investment Analytics team designs and delivers robust and innovative quantitative investment strategies, rules-based model portfolios and validated analytical models at scale to help our clients achieve their financial goals across all GWIM channels (Merrill, Institutional, Private Bank, RPWS).



**Intermediate Quant Analyst**



The primary objective of the role is to create, enhance, implement and maintain quantitative models for a broad range of investment analytics which include, but are not limited to, goals based investment and wealth management, quantitative asset allocation, portfolio analytics, product modeling, risk analytics and performance analytics. Must be analytically strong and results oriented. Must communicate clearly in an audience-appropriate manner to influence via expertise and to earn the trust of key stakeholders. Must work transparently and collegially as a team player. Will be required to develop and manage stakeholder relationships across the Bank with a wide variety of partners.



**Required Experience**



+ _BS/MS/PhD in Computer Science, Mathematics, Engineering, Statistics or equivalent background from a top-tier institution_

+ _Experience in quantitative investment modeling and investment analytics, including optimization, probability, statistics, econometrics, applied math, machine learning, factor models, quantitative risk and portfolio management_

+ _Able to work with minimum supervision in a fast-paced and challenging environment; a team-player with ability to build relationships across the Bank of America_

+ _Innovative problem solving skills with demonstrable interest in prototyping and delivering proof of concept while evaluating alternative solutions_

+ _Excellent communication and presentation skills: the ability to translate complex quantitative concepts into common-sense terms and thinking._

+ _Ability to be self-motivated and a desire to learn new skills and capabilities_

+ _Experience with Matlab, Python (NumPy, SciPy, pandas), R or similar quantitative stack_

+ _Experience with Data Visualization, Data Science is a plus_

+ _Outstanding coding, debugging, and analytical skills_

+ _Motivated by the transformational effects of technology-at-scale_

+ _Knowledge of financial markets, economic movements and trends, portfolio management concepts, market risk management_

+ _Proficiency with, or the ability to quickly learn and adapt to tools such as Factset, Barra, Risk Metrics, Bloomberg and Morningstar Direct_

+ _CFA / GARP desired but not required_

+ _Series 7, 63 and 65 (or Series 7 and 66) required (may gain licenses after start - unlicensed candidates may be considered if willing to obtain licenses after start date)_



**Job Band:**



H5



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



**Weekly Schedule:**



**Referral Bonus Amount:**



0



**Job Description:**



**CIO Portfolio Construction & Investment Analytics Team**



The CIO Portfolio Construction & Investment Analytics team designs and delivers robust and innovative quantitative investment strategies, rules-based model portfolios and validated analytical models at scale to help our clients achieve their financial goals across all GWIM channels (Merrill, Institutional, Private Bank, RPWS).



**Intermediate Quant Analyst**



The primary objective of the role is to create, enhance, implement and maintain quantitative models for a broad range of investment analytics which include, but are not limited to, goals based investment and wealth management, quantitative asset allocation, portfolio analytics, product modeling, risk analytics and performance analytics. Must be analytically strong and results oriented. Must communicate clearly in an audience-appropriate manner to influence via expertise and to earn the trust of key stakeholders. Must work transparently and collegially as a team player. Will be required to develop and manage stakeholder relationships across the Bank with a wide variety of partners.



**Required Experience**



+ _BS/MS/PhD in Computer Science, Mathematics, Engineering, Statistics or equivalent background from a top-tier institution_

+ _Experience in quantitative investment modeling and investment analytics, including optimization, probability, statistics, econometrics, applied math, machine learning, factor models, quantitative risk and portfolio management_

+ _Able to work with minimum supervision in a fast-paced and challenging environment; a team-player with ability to build relationships across the Bank of America_

+ _Innovative problem solving skills with demonstrable interest in prototyping and delivering proof of concept while evaluating alternative solutions_

+ _Excellent communication and presentation skills: the ability to translate complex quantitative concepts into common-sense terms and thinking._

+ _Ability to be self-motivated and a desire to learn new skills and capabilities_

+ _Experience with Matlab, Python (NumPy, SciPy, pandas), R or similar quantitative stack_

+ _Experience with Data Visualization, Data Science is a plus_

+ _Outstanding coding, debugging, and analytical skills_

+ _Motivated by the transformational effects of technology-at-scale_

+ _Knowledge of financial markets, economic movements and trends, portfolio management concepts, market risk management_

+ _Proficiency with, or the ability to quickly learn and adapt to tools such as Factset, Barra, Risk Metrics, Bloomberg and Morningstar Direct_

+ _CFA / GARP desired but not required_

+ _Series 7, 63 and 65 (or Series 7 and 66) required (may gain licenses after start - unlicensed candidates may be considered if willing to obtain licenses after start date)_



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



Learn more about this role



Full time



JR-21039681



Band: H5



Manages People: No



Travel: No



Manager:



Talent Acquisition Contact:



Susan Membrino



Referral Bonus:



0



Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.




To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .


To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .



Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.




To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE .

Industry

  • Banking / Finance
Posted: 2021-09-11 Expires: 2021-10-19

Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


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Intermediate Quant Analyst, CIO

Bank of America
New York, NY 10176

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