Quantitative Analyst – Quantitative Developer

Overview

Job Title: Quantitative Analyst – Quantitative Developer

Corporate Title: Assistant Vice President

Location: Bromley

Role Description

As a 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.

Responsibilities

• 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.

What we are looking for

• Bachelor’s/MSc degree or equivalent with a quantitative emphasis in areas such as mathematics, engineering, or computer science

• Previous exposure to derivatives pricing and/or Market Risk

• 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

Skills that will help

• Python programming experience at a large, multi-national bank, using platforms such as Quartz, Athena, SecDb, 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

Benefits of working at Bank of America

UK

• 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 for your partner

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

• Access to an Employee Assistance Program for confidential support and help for everyday matters

• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.