Assistant Vice President; Quantitative Investment Analyst
Bank of America
Assistant Vice President; Quantitative Investment Analyst
New York, New York
**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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and 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.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
**RESPONSIBILITIES** **:**
+ Deliver goals-based investment and wealth management solutions by developing and maintaining robust frameworks, services and tools, quantitative asset allocation and portfolio construction, with analytical tools of Python (NumPy, SciPy, pandas).
+ Monitor discretionary single asset and multi asset portfolios with tools such as Factset, Risk Metrics, Bloomberg and Morningstar Direct.
+ Design robust and innovative quantitative investment strategies, rules-based model portfolios and validated analytical models scale leveraging statistics and data science techniques such as machine learning to help clients achieve their financial goals across GWIM channels (Merrill, Edge, Institutional, Private Bank, Retirement & Personal Wealth Services).
+ Conduct quantitative analytics on models and portfolios performance leveraging mathematical and innovative problem-solving skills with demonstrable interest in prototyping and delivering proof of concept while evaluating alternative solutions.
+ Communicate and give presentations in an audience-appropriate manner with the ability to translate complex quantitative concepts into common-sense terms and thinking.
+ Perform quantitative modeling and analytics, including optimization, probability, statistics, econometrics, applied mathematics, machine learning, and differential equations and Copula theory.
+ Design and develop high-quality code and tools in Matlab, Python (NumPy, SciPy, and Pandas), and R to automate data extraction, processing, and data-driven decision-making.
+ Leverage classical statistical methods and advanced machine learning approaches of tree-based models, lasso regression, and principal component analysis to process complex data in real-time environments.
+ Work extensively with large datasets and integrating multiple data sources to generate data science solutions and actionable business insights.
**REQUIRED SKILLS & EXPERIENCE** **:**
+ Master's degree or equivalent in Finance, Statistics, Mathematics, or related: and
+ 2 years of experience in the job offered or a related Quantitative occupation.
+ Must include 2 years of experience in each of the following:
+ Performing quantitative modeling and analytics, including optimization, probability, statistics, econometrics, applied mathematics, machine learning, and differential equations and Copula theory;
+ Designing and developing high-quality code and tools in Matlab, Python (NumPy, SciPy, and Pandas), and R to automate data extraction, processing, and data-driven decision-making;
+ Leveraging classical statistical methods and advanced machine learning approaches of tree-based models, lasso regression, and principal component analysis to process complex data in real-time environments; and,
+ Working extensively with large datasets and integrating multiple data sources to generate data science solutions and actionable business insights.
If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.
**EMPLOYER** : Merrill Lynch
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
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, 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 "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) .
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.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 America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .
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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
Por favor confirme su dirección de correo electrónico: Send Email