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Bank of America
New York, New York, United States
(on-site)
Posted
1 day ago
Bank of America
New York, New York, United States
(on-site)
Job Function
Financial Services
ASO, Equity Quant - Portfolio Trading
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
ASO, Equity Quant - Portfolio Trading
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Job Description:Job Description
The Quantitative Strategies and Data Group (QSDG) is looking for an Vice President or Associate level candidate, based in New York, covering the Portfolio Trading desk within the Equities division. As part of this role you will work in an exciting, fast-paced environment, working closely with traders and others to build or improve infrastructure, processes & research aiming to better serve client needs and maximize profitability. The trading activities are mostly linked to index/ETF rebalances and trade optimizations.
There will be opportunities of daily interaction with the trading desks as well as working closely with our Risk, Finance, Middle Office, and Technology partners.
This role is very technical in nature and requires in-depth knowledge of mathematical modeling, programming languages, and understanding of finance and derivatives.
The role entails:
- Develop expert-level knowledge of Portfolio Trading business and strategies
- Gain experience working directly with traders and solving their daily needs
- Building state of the art data processing infrastructures leveraged to conduct own research around portfolio trading
- Automation of business processes and data driven decision making
Candidate Requirements
- MS or PhD in quantitative disciplines (e.g. Computer Science, Data Science, etc.)
- Strong programming and technical skills. Proficiency in Python (Pandas, etc.) and Database languages (SQL, KDB, etc.) required
- Fantastic communication skills to deliver work and interact with partners
- Familiarity or experience in developing large and complex yet maintainable codebases
- Knowledge in delta one and index strategies would be useful but not necessary
- Interested in finance and curious about different technologies
- An entrepreneurial, self-directed and curious mindset would be the ideal fit for this opportunity and environment.
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
$130,000.00 - $160,000.00 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.
Job ID: 83054624
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