Vice President; Quantitative Finance Analyst

Company: Disability Solutions
Location: New York
Posted on: October 18, 2024

Job Description:

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!Responsibilities:

• Research and develop quantitative derivative pricing models for commodities markets.
• Support various commodities trading desks (oil, gas and power, precious metals, index, agriculture) including, but not limiting from the modeling/pricing perspective.
• Propose new ideas and improve existing models, business processes, strategies, and logic.
• Develop software applications required to support indicated models and analytical tools.
• Build financial models and conduct quantitative analysis to support the sales & trading business.
• Use Python to automate complex tasks including financial model implementation and quantitative analytics.
• Utilize statistical tools and quantitative methodologies to conduct fundamental research to develop business insights.
• Employ financial markets knowledge along with stochastic calculus/financial engineering techniques to support and improve existing bank pricing models and applications.
• Remote work may be permitted within a commutable distance from the worksite.Required Skills & Experience:
  • Master's degree or equivalent in Economics, Statistics, Financial Engineering or related; and
  • 3 years of experience in the job offered or a related quantitative occupation.
  • Must include 3 years of experience in each of the following:
  • Building financial models and conducting quantitative analysis to support the sales & trading business;
  • Using Python to automate complex tasks including financial model implementation and quantitative analytics;
  • Utilizing statistical tools and quantitative methodologies to conduct fundamental research to develop business insights; and,
  • Employing financial markets knowledge along with stochastic calculus/financial engineering techniques to support and improve existing bank pricing models and applications.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 Commodities, Inc.Shift:1st shift (United States of America)Hours Per Week: 40Pay Transparency detailsUS - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$200,000.00 - $210,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.

Keywords: Disability Solutions, Middletown , Vice President; Quantitative Finance Analyst, Accounting, Auditing , New York, Connecticut