Associate, Non-linear Rates Quant Analyst

Bank of America

New York, NY, US
Base: $130,000.00 - $160,000.00 annualized; bonus:...
Advanced degree in quantitative field
Stochastic calculus and probability theory
Pricing models for rates derivatives
The role involves developing forecast and pricing models while assessing market trends to solve complex financial challenges

Job Summary

  • The role involves developing forecast and pricing models while assessing market trends to solve complex financial challenges.
  • Candidates will support the New York Rates Quantitative Strategy Data Group by providing analytical support to exotics, options, swaps, and other trading desks.
  • Employees are eligible for an annual discretionary award based on individual performance and the overall success of the Company.

Matching Summary

The role involves developing forecast and pricing models while assessing market trends to solve complex financial challenges.

Salary

Base: $130,000.00 - $160,000.00 annualized; Bonus: Discretionary incentive eligible; Benefits: Industry-leading benefits and paid time off

Skills & Requirements

Must-have

  • Advanced degree in quantitative field
  • Stochastic calculus and probability theory
  • Pricing models for rates derivatives
  • Programming proficiency in C++ and Python
  • Analytical modeling and numerical methods

Nice-to-have

  • Interest in AI-assisted coding workflows
  • Experience with advanced automation frameworks
  • Prior front-office analytic development experience
  • Ability to work in fast-paced trading environment

Key Requirements

  • Advanced degree in physics, mathematics, finance, or engineering
  • Strong knowledge of stochastic calculus and probability theory

Work Rights

Not specified

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