Associate/VP, Credit Quant Strat Associate/VP, Credit Quant Strat …

Bank of America Merrill Lynch
in New York, NY
Permanent, Full time
Be the first to apply
Competitive
Bank of America Merrill Lynch
in New York, NY
Permanent, Full time
Be the first to apply
Competitive
Associate/VP, Credit Quant Strat
Job Description:

Overview:
The role is in the Quantitative Strategies Group (QSG) with a focus on serving the credit desks (EM, bonds, derivatives, structured products) within the GBAM business. The team is responsible for direct support of traders, control functions and the FICC Management globally. The team covers development and maintenance of analytical desk tools and pricing models, implementation in the analytics platform as well as their delivery and support across the different desks. The specific role we are looking to fill will be in close interaction with the trading desk and developing tools to maximize trader efficiency.

Responsibilities:
  • Develop and maintain desk tools in Python
  • Develop the analytics library in C++
  • Support the trading desk with use of existing models, developing new strategies
  • Working on optimal portfolio selection and automated portfolio quoting
  • Analysis of large data sets and distilling the information contained within
  • Developing hedging strategies and backtesting their performance
  • Work closely with partners from other desks, e.g. XVA
  • Work closely with the technology team in order to deliver the analytics in the new system as well as improve performance where necessary

Competencies we look for:
  • Strategic Thinking: Intellectual curiosity, Business knowledge, Innovation & Creativity
  • Business Results: Analytical ability, timely delivery of results
  • People leadership: Collaboration and team work
  • Personal Effectiveness: Strong communication skills, energy, commitment and dedication

Skills Required:
  • PhD or Master's Degree in a quantitative discipline
  • Experience in both Python and C++ is highly desirable. As a minimum experience with object orientated programming and previous experience in either Python or C++ is required.
  • Knowledge of working within a structured software development environment. Use of source code control systems, continuous integration environments, testing, release processes, etc.
  • Rigorous problem solving skills

Nice to have
  • Knowledge of bond and credit derivative products, understanding of derivatives pricing models
  • Experience with large dataset analysis


Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
--> Job Description:

Overview:
The role is in the Quantitative Strategies Group (QSG) with a focus on serving the credit desks (EM, bonds, derivatives, structured products) within the GBAM business. The team is responsible for direct support of traders, control functions and the FICC Management globally. The team covers development and maintenance of analytical desk tools and pricing models, implementation in the analytics platform as well as their delivery and support across the different desks. The specific role we are looking to fill will be in close interaction with the trading desk and developing tools to maximize trader efficiency.

Responsibilities:
  • Develop and maintain desk tools in Python
  • Develop the analytics library in C++
  • Support the trading desk with use of existing models, developing new strategies
  • Working on optimal portfolio selection and automated portfolio quoting
  • Analysis of large data sets and distilling the information contained within
  • Developing hedging strategies and backtesting their performance
  • Work closely with partners from other desks, e.g. XVA
  • Work closely with the technology team in order to deliver the analytics in the new system as well as improve performance where necessary

Competencies we look for:
  • Strategic Thinking: Intellectual curiosity, Business knowledge, Innovation & Creativity
  • Business Results: Analytical ability, timely delivery of results
  • People leadership: Collaboration and team work
  • Personal Effectiveness: Strong communication skills, energy, commitment and dedication

Skills Required:
  • PhD or Master's Degree in a quantitative discipline
  • Experience in both Python and C++ is highly desirable. As a minimum experience with object orientated programming and previous experience in either Python or C++ is required.
  • Knowledge of working within a structured software development environment. Use of source code control systems, continuous integration environments, testing, release processes, etc.
  • Rigorous problem solving skills

Nice to have
  • Knowledge of bond and credit derivative products, understanding of derivatives pricing models
  • Experience with large dataset analysis


Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
Job Description:

Overview:
The role is in the Quantitative Strategies Group (QSG) with a focus on serving the credit desks (EM, bonds, derivatives, structured products) within the GBAM business. The team is responsible for direct support of traders, control functions and the FICC Management globally. The team covers development and maintenance of analytical desk tools and pricing models, implementation in the analytics platform as well as their delivery and support across the different desks. The specific role we are looking to fill will be in close interaction with the trading desk and developing tools to maximize trader efficiency.

Responsibilities:
  • Develop and maintain desk tools in Python
  • Develop the analytics library in C++
  • Support the trading desk with use of existing models, developing new strategies
  • Working on optimal portfolio selection and automated portfolio quoting
  • Analysis of large data sets and distilling the information contained within
  • Developing hedging strategies and backtesting their performance
  • Work closely with partners from other desks, e.g. XVA
  • Work closely with the technology team in order to deliver the analytics in the new system as well as improve performance where necessary

Competencies we look for:
  • Strategic Thinking: Intellectual curiosity, Business knowledge, Innovation & Creativity
  • Business Results: Analytical ability, timely delivery of results
  • People leadership: Collaboration and team work
  • Personal Effectiveness: Strong communication skills, energy, commitment and dedication

Skills Required:
  • PhD or Master's Degree in a quantitative discipline
  • Experience in both Python and C++ is highly desirable. As a minimum experience with object orientated programming and previous experience in either Python or C++ is required.
  • Knowledge of working within a structured software development environment. Use of source code control systems, continuous integration environments, testing, release processes, etc.
  • Rigorous problem solving skills

Nice to have
  • Knowledge of bond and credit derivative products, understanding of derivatives pricing models
  • Experience with large dataset analysis


Shift:
1st shift (United States of America)

Hours Per Week:
40
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