Execution Consultant – Electronic Trading, Market Structure, Client Analytics

Bank of America; Greater London; On-site; GBP 110,000 - 150,000; Full time

Benefits offered by this job

Private healthcare

Pension plan

Family leave

Flexible benefits

Job summary

Bank of America in London is seeking an Execution Consultant to join our quantitative trading team. You will analyse trading performance, collaborate with clients and product teams, and design bespoke execution solutions across multiple venues.

This role combines data science, market insight and client engagement to shape trading strategies and improve outcomes in a fast-paced financial environment. Strong programming and communication skills are essential.

Qualifications

• Strong analytical skills with experience turning data into actionable insights.
• Experience partnering with clients, traders and product teams to understand objectives.
• Ability to manage multiple concurrent projects in a fast-paced environment.

Responsibilities

• Analyse trading performance across benchmarks and flows to improve execution quality.
• Partner with clients through reviews to understand objectives and deliver recommendations.
• Design, test and present bespoke execution and algorithmic trading solutions.
• Conduct market microstructure and execution research on liquidity, price formation and costs.
• Generate insights via client meetings, publications and thought leadership.
• Collaborate with traders, quants, technologists and product teams to advance analytics.

Skills

Python

kdb+/q

SQL

R

Education

Quantitative degree

Tools

Tableau

Job description

Job Description: Job Title: Execution Consultant Corporate Title: Up to Director Location: London

Company Overview

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview

Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you'll find modern workspaces and a state-of-the-art auditorium space. In addition, we're proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

Role Description

We're looking for intellectually curious individuals who enjoy combining data, technology, and market insight to solve complex client challenges. Working at the intersection of electronic trading, market structure, data science, and client strategy, you'll partner directly with clients, traders and product teams to analyse and optimise trading outcomes, develop innovative execution solutions, conduct original market microstructure research, and generate insights that influence both client behaviour and product development. This is a highly visible role combining quantitative analysis, client engagement and thought leadership, offering the opportunity to shape how clients navigate increasingly complex global markets.

Responsibilities

• Analyse trading performance across multiple benchmarks and flows, identifying opportunities to improve execution quality and reduce transaction costs.
• Partner with clients through regular reviews and strategic consultations to understand trading objectives, evaluate outcomes and deliver actionable recommendations.
• Design, test and present bespoke execution and algorithmic trading solutions based on rigorous analysis of client flow and market behaviour.
• Conduct market microstructure and execution research to better understand liquidity dynamics, price formation, venue behaviour and trading costs.
• Generate high-impact insights on trading activity, market structure developments and regulatory changes, delivering these through client meetings, publications and thought leadership.
• Collaborate with traders, quants, technologists and product teams to develop new analytics, methodologies and trading capabilities.
• Enhance the team's analytics platform, leveraging large-scale datasets to create innovative tools, visualisations and client solutions.

What we are looking for

• Degree in a quantitative discipline such as Mathematics, Statistics, Economics, Physics, Computer Science or a related field.
• Strong programming experience in one or more of Python, kdb+/q, SQL or R.
• Excellent analytical and statistical skills, with a passion for extracting insights from large and complex datasets.
• Strong curiosity about financial markets, trading behaviour and market structure.
• Excellent attention to detail combined with creative problem-solving skills.
• Ability to manage multiple concurrent projects in a fast-paced environment.
• Strong written, verbal and presentation skills, with the ability to communicate complex analytical concepts to both technical and non-technical audiences.
• Comfortable working independently while also collaborating across trading, sales and technology teams.

Preferred Qualifications

• Knowledge of electronic trading, execution algorithms, transaction cost analysis, market structure or one or more financial asset classes.
• Experience with data visualisation tools such as Tableau.
• Exposure to machine learning, predictive analytics or advanced statistical techniques.
• Fluency in one or more European languages.

Benefits of working at Bank of America (UK)

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness, cycle to work etc.
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, and virtual GP services
• Access to the Peppy App which provides 1:1 support, consultations and resources relating to men’s health, women’s health, fertility, menopause and pregnancy & parenthood
• Access to a range of gyms, exercise classes and wellbeing Apps through Wellhub, including Headspace and Calm
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America: 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 sex, gender identity or gender reassignment, marital or civil partner status, race, religious or similar philosophical belief, political opinion, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or 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.

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.