Back to search results Associate/VP, Credit Systematic Algo Trader New York, New York Additional locations Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge 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!OverviewWe are looking to add a systematic trader to the High Yield Credit Trading team. This role focuses on building and deploying automated market making strategies for both single name and portfolios of HY corporate bonds. The position sits within the broader High Yield trading desk with a mandate to scale systematic pricing capabilities and develop systematic trading strategies. You will work with traders, salespeople, and customers to drive PNL and market share gains within high yield markets.Key ResponsibilitiesPrice client inquiry across multiple electronic and voice channels Manage risk in the largest book on the High Yield Desk through single line voice trading and cross asset hedgingMonitor live strategies, with focus on PnL attribution, drawdown control, and risk exposuresResearch and develop quantitative models for corporate bond returns and pricing in partnership with QSG and Technology groupsPartner closely with HY traders to codify discretionary views into systematic frameworksBuild and enhance backtesting tools, signal generation pipelines, and performance analyticsWork with large, often noisy datasets including TRACE dataContribute to automation and scaling of trading workflows across the deskQualifications2 to 7 years of experience in systematic trading or quantitative researchStrong understanding of markets with credit experience a plusStrong programming skills in PythonAbility to develop trading signals or models in a research or production environmentSolid foundation in statistics, time series analysis, and data science techniquesFamiliarity with market microstructure, particularly in OTC credit markets, is preferredStrong communication skills and ability to partner with discretionary tradersShift:1st shift (United States of America)Hours Per Week: 40 Learn more about this role Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Full time JR-26019219 Manages People: No Travel: No Age requirement: Must at least be 18 years of age. New York pay and benefits information New York pay range: $130,000.00 - $225,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve Share: Save job Job saved