DIR, Senior Systematic Trading Strategist
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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for supporting their desk by providing input and analysis on macroeconomic markets by conducting complex modeling projects for specific business units or risk types. Key responsibilities include distributing factual summaries and trade ideas to drive business strategy and leading the planning related to setting quantitative work priorities in line with the Bank’s overall strategy. Job expectations include collaborating across regions and product lines to ensure consistency throughout the platform and managing and developing junior quantitative analysts.
Seeking a seasoned professional to join the systematic trading strats pod within our FICC E-Trading & Market Structure (front office/in-business) horizontal team. This NY based role will focus on driving the Credit systematic trading ecosystem, which includes algo trading, portfolio trading, and ETF creation/redemption activities. The strats pod is responsible for leading the development of systematic market-making algorithms, designing quantitative trading strategies/methods, building desk tools and analytics, as well as shaping market structure developments and e-trading strategy. The role requires deep quantitative, business, and technical expertise, and demands close partnership with trading and technology stakeholders at all levels.
Responsibilities:
Originating, designing, and deploying systematic trading ideas and strategies, with ownership of end-to-end delivery
Architecting frameworks, tools, and visualizations (e.g. workflow, risk exhaustion, P&L attribution, hedging) that scale across the desk
Leading enhancement and optimization efforts across ETF primary, systematic corporate bond trading, and portfolio trading
Representing the strats pod in communications with senior management on technology/quant-related initiatives, priorities, and roadmaps
Conducting rigorous, in-depth data analysis of markets, strategy performance, AMM/HMM execution, and surfacing actionable insight
Partnering with technology and quant teams to shape product direction, mentor junior members, and drive cross-functional projects to completion
Skills:
Academic background at undergraduate/masters level in finance or STEM subjects; advanced degree preferred
Expert-level programming skills in Python, KDB, SQL
5+ years of financial industry experience, with meaningful tenure in a front-office or e-trading environment
Deep domain expertise in Credit markets, including market microstructure and electronic trading dynamics
Proven ability to communicate complex quantitative concepts to senior stakeholders with clarity and precision
Strong working knowledge of Credit electronic trading platforms/protocols and familiarity with bond/swap products
Track record of operating independently, driving initiatives from concept to production, and mentoring junior talent within a collaborative team setting
Shift:
1st shift (United States of America)Hours Per Week:
40