Senior Quantitative Finance Analyst – Quantitative Developer

Overview

Job Title:

Senior Quantitative Finance Analyst - Quantitative Developer

Corporate

Title:

Vice President

Location:

Bromley

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 are 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!

Join our bustling Bromley office, situated in one of London's greenest boroughs. Here you ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Global Risk Analytics (GRA) and Enterprise Independent Testing (EIT) are sub-lines of business within Global Risk Management (GRM). Collectively, they are responsible for developing a consistent and coherent set of models, analytical tools, and tests for effective risk and capital measurement, management and reporting across Bank of America. GRA and EIT partner with all the Lines of Business and Enterprise functions.

GRA and EIT include vertical (i.e., business or risk-specific) functions and horizontal functions that cut across business and risk-types. A core pillar of our horizontal strategy is developing common, reusable, and scalable components that can be used across GRM. Quantitative engineers will be responsible for executing on this strategy.

As a Senior Quantitative Finance Analyst - Quantitative Developer, your primary focus will be developing, maintaining and testing quantitative risk models, used by Global Markets. You should expect to contribute to the three main focuses of the team:

• Process Automation: improving efficiency and reducing operational risk
• Full Revaluation VaR: providing support and in-depth analysis for the Full Revaluation VaR and FRTB IMA programmes
• Strategic Risk Platform: advising and collaborating with teams across the wider organisation to centralise and better manage risk models and data

The team focuses on developing and testing new models/ systems so a pro-active, innovative approach is key. Further, you will often be asked to bring your technical expertise to other projects, requiring strong collaboration and communication skills.

• As a Senior Quantitative Finance Analyst - Quantitative Developer, your responsibilities within the team will be to:
• Perform detailed design and lead development of a market risk system focused on model analysis
• Work at the interface of Technology and Risk Quants
• Collaborate with a broad number of stakeholders across the Bank
• Produce production quality code to develop and maintain quantitative risk models
• Clearly communicate outcomes to stakeholders and senior management
• Improve efficiency and reduce operational risk across projects
• Take ownership of systems and changes
• Deliver in-line with the team s priorities, GRA s strategy and stakeholder s requirements.

• Bachelor s/MSc degree or equivalent with a quantitative emphasis in areas such as mathematics, engineering, or computer science
• Previous experience in derivatives pricing and/or Market Risk
• Tracking records and ability to design, lead and develop complex systems
• Excellent programming ability in Python including good understanding of object oriented programming principles, coding standards, test driven development, etc
• Prior financial experience, preferably within a large investment bank
• Strong communication skills and ability to work in a collaborative environment
• Self-motivated, pro-active and an able to run with issues
• Strong attention to detail, intellectual curiosity and commitment to excellence.
• A team player who can work with colleagues with different experience and backgrounds

• Python programming experience at a large, multi-national bank, using platforms such as Quartz, Athena, Sec Db, etc.
• Experience with large dataset tools incl. relational databases, SQL and Tableau
• Experience developing, testing or maintaining Risk models such as VaR, FRTB or CCAR
• Familiarity with pricing models

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen…