Vice President; Structurer

Bank of America Corp
  • New York, NY
  • $225,000 Per Year
4 days ago

Job Description

Back to search results Vice President; Structurer 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!Responsibilities Develop and implement quantitative modeling frameworks to design, evaluate, and optimize systematic equity volatility strategies, leveraging time-series analysis, statistical modeling, machine learning techniques, and regime-switching approaches.Research, construct, and evaluate equity volatility-based strategies, including yield-oriented volatility alpha and relative value strategies, utilizing index options, single-stock options, and volatility-linked derivatives to achieve defined risk-return objectives.Design and implement quantitative hedging strategies and portfolio hedging solutions to deliver targeted downside protection under adverse market conditions while optimizing carry costs and risk-adjusted performance.Conduct scenario analysis, stress testing, and performance attribution to assess strategy robustness, portfolio behavior, and risk exposures across varying market environments.Develop and maintain quantitative research tools, models, and analytics pipelines for back-testing, market risk analysis, and process automation using Python and related analytical frameworks.Support the development and positioning of equity derivatives solutions for institutional clients by delivering quantitative insights, modeling outputs, and risk analytics through client-facing dashboards and marketing materials.Collaborate with cross-functional teams, including sales, trading, and risk, to translate business objectives into quantitative modeling and analytics solutions, and educate stakeholders on existing offerings and new strategies.Remote work may be permitted within a commutable distance from the worksite.Required Skills & ExperienceMaster's degree or equivalent in Financial Engineering, Statistics, Finance, or related: and3 years of experience in the job offered or a related Finance occupation.Must include 3 years of experience in each of the following:Utilizing advanced quantitative modeling and data science principles, including timeseries analysis, machine learning, and deep learning, to develop quantitative forecasting frameworks for volatility driven risk, drawdowns, and adverse portfolio outcomes;Applying statistical, econometric, and predictive analytics techniques to largescale financial datasets to extract insights, identify trends, quantify risk exposures, and assess portfolio level performance across different market regimes;Developing, back testing, and evaluating quantitative forecasting and portfolio analytics models, including scenario analysis and performance attribution, using Python in a production research environment;Designing and developing end to end quantitative research and analytics infrastructure, including data ingestion pipelines, feature engineering processes, and scalable simulation environments to enable robust risk analytics and quantitative strategy evaluation; and,Supporting risk management, and investment decision making by translating business objectives into actionable quantitative modeling solutions through collaboration with cross functional stakeholders.If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.EMPLOYER: BofA Securities, Inc.Shift: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-26033855 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: $225,000.00 - $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

Numbers & Facts

LocationNew York, NY

Skills

  • Analysis Skillsunmatched
  • Automationunmatched
  • Career Developmentunmatched
  • Cost Controlunmatched
  • Cross-Functionalunmatched
  • Customer Relationsunmatched
  • Data Managementunmatched
  • Data Modelingunmatched
  • Data Scienceunmatched
  • Deep Learningunmatched
  • Derivativesunmatched
  • Financeunmatched
  • Forecastingunmatched
  • Hedge Fundsunmatched
  • Leadershipunmatched
  • Machine Learningunmatched
  • Market Analysisunmatched
  • Marketingunmatched
  • Militaryunmatched
  • People Managementunmatched
  • Performance Analysisunmatched
  • Portfolio Analysisunmatched
  • Predictive Modelingunmatched
  • Production Systemsunmatched
  • Python Programming/Scripting Languageunmatched
  • Quantitative Analysisunmatched
  • Quantitative Researchunmatched
  • Reporting Dashboardsunmatched
  • Riskunmatched
  • Risk Analysisunmatched
  • Risk Modelingunmatched
  • Salesunmatched
  • Simulationunmatched
  • Statistical Modelingunmatched
  • Statisticsunmatched
  • Strategic Analysisunmatched
  • Stress Testingunmatched
  • Talent Managementunmatched
  • Test Plan/Scheduleunmatched
  • Time Series Analysisunmatched
  • Training Data Setsunmatched
  • Trend Analysisunmatched
  • Work From Homeunmatched

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