Data and Innovation Group - Scientific Implementation team - Associate

Job Description:

BofA Securities’ Scientific Implementation team sits within the Data and Innovation Group. This global team comprises of Ph.D. trained professionals developing scientifically informed solutions for portfolio managers, asset allocators, traders, and risk managers across asset classes. Scientific Implementation’s success and impact can be attributed to a diverse range of expertise across the team, from macro finance to applied mathematics and machine learning. Along with the Data and Innovation Group’s unique data and computation infrastructure, the team are able to draw on the strength of the overall Bank of America platform. Close ties have been built and maintained with the academic community, enabling the exchange of ideas between academics and practitioners through leading publications such as Scientific Insights; and BofA Securities Global Quant Conferences across the world’s largest financial centres.

Quantitative Analysts in the Team work on diverse projects aiming at developing systematic investment rules, understanding the interaction between liquidity, investment performance, and risk as well as develop innovative quantitative solutions making use of the bank’s resources across different teams and departments. They work independently or as part of teams and take a leading role in generating new project ideas and initiatives. Active engagement in the communication and promotion of the group’s work is a further integral part of the role. 

• A strong academic background in a quantitative subject (Finance, Economics, Statistics, Engineering, Computer Science or other analytical background)
• Strong programming experience, esp. in statistical/computational packages such as Matlab, R, or Python
• You'll need to demonstrate drive, innovation and a genuine interest in the financial markets
• Ability to work across different fields in empirical finance and to handle more projects simultaneously
• Team-working, leadership and problem-solving skills, plus creativity are key qualities, as is the ability to work in a fast-paced environment, multi-task and interact with a variety of people
• Demonstrates Accountability and Productivity
• Displays analytical and problem-solving skills
• Influences decisions and outcomes through effective communication and interpersonal skills
• Promotes cooperation and commitment within a team environment to achieve goals and deliverables
• Demonstrates integrity and ethics by earning other’s trust and respect through consistent honesty and professionalism in all interactions

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

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 gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, 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.

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

As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.