VP, Systematic Portfolio Trading Quant job opportunity at Bank Of America.

Home Jobs In United States Of America Tag: Systematic Portfolio Trading Quant VP, Systematic Portfolio Trading Quant position at Bank Of America


DatePosted 4 Days Ago bot
Bank Of America VP, Systematic Portfolio Trading Quant
Experience: General
Pattern: full-time
Country:
apply Apply Now
Salary:
Status:

Systematic Portfolio Trading Quant

Copy Link Report
degreeOND
loacation New York, United States Of America
loacation New York....United States Of America

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 an 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. 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. 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 conducting quantitative analytics and modeling projects for specific business units or risk types. Key responsibilities include developing new models, analytic processes, or systems approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations include having a broad knowledge of financial markets and products. This role delivers quantitative analytics and systematic tooling for the credit trading desks, with primary focus on bond portfolio optimization, systematic pricing for bonds and portfolio trades, and ETF create/redeem proposals and execution support. The role partners directly with traders on live risk transfer, hedging, and execution, and works with Technology to deploy robust, scalable analytics into production. The position sits in the Quantitative Strategies and Data Group (QSDG) supporting credit businesses (IG/HY bonds, portfolio trading, FICC ETFs). The team builds and maintains desk-facing tools used in live workflows across quoting, optimization, and systematic trading. Responsibilities: Build and enhance bond portfolio optimization frameworks for client and desk workflows (constraints, liquidity, risk, transaction costs), including rapid re-optimization and scenario analysis. Develop systematic pricing methods and trader tools that generate fast, explainable indicative ranges for bonds and portfolio trades. Create ETF create/redeem proposals (basket construction/optimization and hedging recommendations) and support the desk through live trading, monitoring, and post-trade diagnostics. Research, prototype, and productionize systematic portfolio trading strategies and algorithms (automation, hedge selection, execution scheduling, and controls). Analyze large datasets (quotes, trades, holdings, constituents, liquidity) and distill results into improvements for tools, strategies, and trading outcomes. Produce clear technical documentation and support sound operational practices for production tooling. Skills: Strong Python for research and production desk tooling; familiarity with a structured SDLC (testing, CI/CD, code reviews, release discipline). Solid understanding of credit bonds and portfolio trading mechanics; comfort with optimization, risk, and transaction-cost-aware decisioning. Familiarity with ETF primary workflows (create/redeem baskets) and practical hedging/execution considerations. C++ is a nice-to-have for performance-critical components, not required. Minimum Education Requirement: PhD or Master’s degree in a related field or equivalent 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 $200,000.00 - $225,000.00 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.

Other Ai Matches

PWM Market Executive Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker Applicants are expected to have a solid experience in handling Job related tasks
Financial Solutions Advisor Registration Candidate - Windsor Financial Center Applicants are expected to have a solid experience in handling Job related tasks
Financial Solutions Advisor Registration Candidate - Dearborn & Washington, IL Applicants are expected to have a solid experience in handling IL related tasks
Market Financial Center Manager Applicants are expected to have a solid experience in handling Job related tasks
External Engagement Manager - Global Info Security Applicants are expected to have a solid experience in handling Job related tasks
Financial Solutions Advisor Registration Candidate- Sunset West Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker - Manteca Area Applicants are expected to have a solid experience in handling Job related tasks
Wealth Management Client Associate Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker - Indianapolis Market Applicants are expected to have a solid experience in handling Job related tasks
Financial Solutions Advisor Registration Candidate - Hollister Financial Center Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker - Fairview Road Financial Center Applicants are expected to have a solid experience in handling Job related tasks
VP, Linear Rates Quants Analyst Applicants are expected to have a solid experience in handling Linear Rates Quants Analyst related tasks
Relationship Banker - Memphis Market Applicants are expected to have a solid experience in handling Job related tasks
Financial Solutions Advisor - Boise Market - Spanish Preferred Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker - Green Spring Station Financial Center Applicants are expected to have a solid experience in handling Job related tasks
Sr. Leasing Transaction Mgmt. (Commercial Equipment Finance) Applicants are expected to have a solid experience in handling Job related tasks
Senior Banker - Reading Financial Center Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker -Vallejo area Applicants are expected to have a solid experience in handling Job related tasks
Financial Solutions Advisor Registration Candidate –Greater Philly Market Applicants are expected to have a solid experience in handling Job related tasks
Financial Solutions Advisor - San Joaquin Valley Area Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker Applicants are expected to have a solid experience in handling Job related tasks
Relationship Banker - West Conejo Valley Area Applicants are expected to have a solid experience in handling Job related tasks