Associate - Quant

Bank of America Merrill Lynch

New York, NY, United States
Base: $175,000.00 annualized; bonus/equity: discre...
Fully remote
Developing quantitative analytics for delta one products
Utilizing numeric analysis software in python numpy scipy pandas
Applying optimization techniques for balance sheet utilization
The role involves performing enhancement of pricing and risk models to incorporate new market or product features

Job Summary

  • The role involves performing enhancement of pricing and risk models to incorporate new market or product features.
  • Candidates will work with front office technology teams to integrate models into trading and risk systems.
  • This position is eligible for an annual discretionary award based on individual performance and company success.

Matching Summary

The role involves performing enhancement of pricing and risk models to incorporate new market or product features.

Salary

Base: $175,000.00 annualized; Bonus/Equity: Discretionary incentive eligible; Benefits: Industry-leading benefits and paid time off

Skills & Requirements

Must-have

  • Developing quantitative analytics for delta one products
  • Utilizing numeric analysis software in python numpy scipy pandas
  • Applying optimization techniques for balance sheet utilization
  • Using machine learning for data extraction automation
  • Developing ETL pipelines for pre-trade analytics

Nice-to-have

  • Experience with functional programming techniques
  • Ability to develop workflow tools and user interfaces
  • Collaboration with front office technology teams
  • Support for regulatory compliance requirements

Key Requirements

  • Master's degree in Financial Engineering, Economics, Mathematics, Finance, or related field
  • 2 years of experience in developing quantitative analytics for delta one products
  • 2 years of experience utilizing numeric analysis software in python including numpy, scipy, and pandas
  • 2 years of experience applying optimization techniques for balance sheet utilization
  • 2 years of experience using machine learning methodologies for automation
  • 2 years of experience developing workflow tools and user interfaces
  • 2 years of experience developing and supporting ETL pipelines for swap business

Work Rights

Not specified

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