New York, NY, 10176, USA
1 day ago
VP, Systematic Risk Trading Strategist, Global Equities
VP, Systematic Risk Trading Strategist, Global Equities New York, New York **Job Description:** The Systematic Risk Trading team – part of Global Equities Trading – is seeking a trading strategist to join the team in New York. The team is responsible for the research, development and delivery of systematizing the equities businesses, including optimizing and enhancing trading decisions of the Flow Derivatives and Execution Services businesses. The role requires a combination of quantitative, business, and technical expertise and as such requires close collaboration with equities trading desks, quant teams, and technology. **Responsibilities include:** + Develop and test Straight-Through-Processing for equity derivatives, including automation of manual workflow performed by sales & trading. + Improve fitting methodologies and models used to price equities products. + Enhance backtesting logic of derivatives quotes and simulations of trading strategies; + Develop and maintain tools to inform pricing, hedging and trading decisions, including application of filters & conditions based on derived analytics; + Liaise regularly within trading to understand requirements and iterate on existing infrastructure; + Data mining across potentially large sets across equity derivatives and cash products to understand and predict market and client behaviours; + Generation of signals based on above data and analytics. **Requirements** + Academic background at undergraduate or graduate level in a quantitative subject (Physics, Engineering, Statistics, Mathematics, Computer Science or other analytical background); + Strong programming skills in Python, C++ and/or q/kdb. + Good problem-solving skills and pragmatic approach; + Good interpersonal skills with the ability to present complex ideas clearly; + Previous experience of derivatives product and market structure strongly desired, but not a pre-requisite. + Experience of implementing and managing production systems and knowledge of underlying infrastructures beneficial. **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://u.go/0As7EN) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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