Quant Developer & Strategist: Python Risk Modeling

Bank of America; United States; Hybrid; USD 90,000 - 120,000; Full time

Job summary

Bank of America is seeking a highly skilled Quant Developer/Strategist to join its Quantitative Strategies & Data Group. The role involves developing Python-based solutions to enhance market risk measurement across various asset classes. Responsibilities include model development, risk data testing, and collaboration with Front Office Technology and Risk partners.

Qualified candidates will have a Masters/PhD in a quantitative field and proficiency in Python, SQL, and C++. Strong analytical and communication skills are essential.

Qualifications

• Masters/PhD level in a quantitative subject (Mathematics, Statistics, Physics, Engineering, Computer Science or other analytical background).
• Proficient in Python, SQL, C++, and other programming languages.
• Excellent analytical and problem-solving skills.
• Strong communication skills.

Responsibilities

• Develop and enhance market models to measure risk exposures.
• Support implementation of risk data testing frameworks.
• Investigate data issues and model anomalies.
• Partner with Tech, Quants, and Risk to ensure solutions are scalable.
• Drive continuous improvement through critical review of model development.

Skills

Proficient in Python

Proficient in SQL

Proficient in C++

Excellent analytical and problem-solving skills

Strong communication skills

Education

Masters/PhD in a quantitative subject

Job description

Bank of America is seeking a highly skilled Quant Developer/Strategist to join its Quantitative Strategies & Data Group. The role involves developing Python-based solutions to enhance market risk measurement across various asset classes. Responsibilities include model development, risk data testing, and collaboration with Front Office Technology and Risk partners.

Qualified candidates will have a Masters/PhD in a quantitative field and proficiency in Python, SQL, and C++. Strong analytical and communication skills are essential.