ASO, Equity Quant - Portfolio Trading
Bank of America, New York, NY, United States
Job Description
The Quantitative Strategies and Data Group (QSDG) is looking for a 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 for 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, offered 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.
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There will be opportunities for 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, offered 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.
#J-18808-Ljbffr