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!RESPONSIBILITIES:<ul><li>Perform enhancement of pricing and risk models to incorporate new market or products features.</li><li>Conduct quantitative analysis of the current markets trends and trading strategies.</li><li>Perform numerical analysis of existing models and implementation and testing of performance enhancements; Investigate and improve high-frequency algorithmic trading strategies.</li><li>Generate required documentation and testing to support model risk management ongoing model review and validation.</li><li>Work with front office technology teams to integrate models into the trading and risk systems.</li><li>Perform work required to support regulatory and compliance requirements such as Comprehensive Capital Analysis and Review.</li><li>Develop and maintain large and complex codebases using strong programming and technical skills in Python and database languages including SQL and KDB/Q.</li><li>Research and model of capital market events including hedging and alpha strategies.</li><li>Develop optimization libraries for risk hedging, trade sizing, and expected return maximization.</li><li>Generate required documentation including new user guides, wiki/faq pages and unit testing framework to support model risk managements ongoing model review.</li><li>Perform work to monitor trade volatility and portfolio stress testing to support regulatory and compliance requirements.</li><li>Perform quantitative analysis using large financial datasets to identify current market trends, data engineering and architecture development for daily processes automation, and building visualization tools to interact with data and gather insights.</li><li>Remote work may be permitted within a commutable distance from the worksite.</li></ul>REQUIRED SKILLS &amp; EXPERIENCE:<ul><li>Masters degree or equivalent in Quantitative Finance, Statistics, Computational Finance, Physics, Engineering (any), or related: and</li><li>3 years of experience in the job offered or a related Quantitative occupation.</li><li>Must include 3 years of experience in job offered or related quantitative occupation. Must include 3 years of experience in each of the following:</li><li>Developing and maintaining large and complex codebases using strong programming and technical skills in Python and database languages including SQL and KDB/Q;</li><li>Researching and modeling of capital market events including hedging and alpha strategies;</li><li>Developing optimization libraries for risk hedging, trade sizing, and expected return maximization;</li><li>Generating required documentation including new user guides, wiki/faq pages and unit testing framework to support model risk managements ongoing model review;</li><li>Performing work to monitor trade volatility and portfolio stress testing to support regulatory and compliance requirements; and,</li><li>Performing quantitative analysis using large financial datasets to identify current market trends, data engineering and architecture development for daily processes automation, and building visualization tools to interact with data and gather insights.</li></ul>If interested apply online at <a href="http://www.bankofamerica.com/careers" target="_blank">www.bankofamerica.com/careers</a> or email your resume to <a href="mailto:bofajobs@bofa.com" target="_blank">bofajobs@bofa.com</a> and reference the job title of the role and requisition number.EMPLOYER:  BofA Securities, 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$225,000.00 - $235,000.00 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.