Associate, E-Trading Quant

Posted 3 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
175K-175K Annually
Junior
Big Data • Fintech • Mobile • Payments • Financial Services • Data Privacy
The Role
Perform quantitative financial and statistical analyses to build forecasting, pricing, and risk models for e-trading. Support model development, prepare client-facing documentation, assess market trends, and collaborate with internal teams to recommend transaction timing, size, and structure. Participate in client meetings and due diligence to identify cross-selling opportunities.
Summary Generated by Built In

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for performing financial and statistical analyses and conducting quantitative analytics and complex modeling projects. Key responsibilities include supporting in the development of new models, analytic processes, or systems approaches and determining solutions to solve business problems by applying quantitative methods to related financial challenges.

Responsibilities:

  • Develops forecast and pricing models, analytic processes, or systems approaches, implementing solutions for financial challenges
  • Conducts financial analyses and prepares support documentation for client presentations
  • Assesses market trends and provides quantitative data to internal partners and clients to identify the solutions required to effectively solve business problems
  • Participates in client meetings, due diligence and planning sessions to identify cross-selling opportunities for team members and ensure seamless client delivery
  • Partners with various teams across the bank to prepare recommendations on timing, size, and structure of business transactions

Skills:

  • Application Development
  • Artificial Intelligence/Machine Learning
  • Attention to Detail
  • Innovative Thinking
  • Risk Analytics
  • Automation
  • Business Analytics
  • Prioritization
  • Stakeholder Management
  • Strategic Thinking
  • Active Listening
  • Oral Communications
  • Problem Solving
  • Risk Modeling
  • Trading and Investment Analysis

Education:

Masters Degree in Computer Science, Economics, Mathematics or related field, OR related work experience

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$175,000.00 - $175,000.00 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.

Skills Required

  • Masters degree in Computer Science, Economics, Mathematics or related field OR related work experience
  • Application Development
  • Artificial Intelligence/Machine Learning
  • Risk Analytics and Risk Modeling
  • Financial and Statistical Analysis and Complex Modeling
  • Trading and Investment Analysis
  • Business Analytics and Automation of analytic processes
  • Stakeholder Management and Oral Communications for client-facing delivery

Bank of America Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bank of America and has not been reviewed or approved by Bank of America.

  • Fair & Transparent Compensation Pay practices are framed as structured and backed by regular pay-equity analysis, which creates a sense of consistency even when higher pay is desired.
  • Pay Growth & Progression A high U.S. hourly pay floor of $25/hour is positioned as a meaningful baseline for frontline and support roles, improving perceived competitiveness at the lower end.
  • Parental & Family Support Parental leave, family-planning reimbursement, backup care, and “Life Event Services” are presented as substantial supports that strengthen the overall rewards package.

Bank of America Insights

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The Company
HQ: Charlotte, NC
208,000 Employees
Year Founded: 1784

What We Do

We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth. Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

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