Vice President; Quantitative Finance Analyst

Bank of America; Charlotte (NC); On-site; USD 120,000 - 170,000; Full time

Job summary

Bank of America is seeking an experienced quantitative analyst to research FX and Rates markets and optimize funding strategies. You will apply time series analysis, statistical methods, and Python-based modeling to improve pricing accuracy and risk-adjusted returns.

The role involves developing and refining derivative pricing models, partnering with stakeholders, and delivering robust analytics with clear documentation. Remote work may be allowed within a commutable distance.

Qualifications

• Master's degree in quantitative field or related; 3 years of experience in a quantitative role.
• Experience collecting, processing, and validating complex financial datasets.
• Proficiency with Python for model development and implementation.
• Ability to communicate findings clearly to clients and cross-functional partners.
• Experience in financial modeling and statistical analysis.

Responsibilities

• Conduct in-depth research and analytics on FX and Rates markets; support risk mitigation and financial performance.
• Develop and refine pricing, hedging, and risk models; ensure scalability.
• Design funding strategies and portfolio optimization using advanced methods.
• Contribute to derivative pricing model library; ensure robust model implementation in Python.
• Collaborate with stakeholders to meet deadlines and communicate results.

Skills

Financial analytics

Python programming

Time series analysis

Data processing

Stakeholder communication

Education

Master's degree

Tools

Python

Job description

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

• Conduct in-depth research and advanced analytics on the FX and Rates markets, with a focus on funding strategies, as well as asset and liability management, to support risk mitigation and optimize financial performance.
• Apply deep expertise in statistical and machine learning methodologies, including time series analysis, volatility modeling, and predictive modeling, to refine models that drive strategic decision‑making and improve pricing accuracy.
• Optimize trading strategies and minimize overall risk by developing and implementing advanced optimization models for portfolio optimization, focusing on both convex and nonconvex optimization techniques.
• Design and execute highly effective funding and hedging strategies with a focus on flawless transaction execution, leveraging advanced techniques.
• Contribute to the desk’s derivative pricing model library by programming, refining, and expanding statistical and machine learning models, primarily in Python, ensuring models are scalable, efficient, and adaptable for future enhancements and model implementation.
• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience

Master's degree or equivalent in Applied Quantitative Finance, Business Analytics, Statistics, Economics, Finance, or related: and 3 years of experience in the job offered or a related Quantitative occupation.

• Collecting, processing, quantitatively analyzing, and validating complex financial datasets;
• Utilizing programming and data analysis tools to support and enhance repeatable reporting and analytical processes;
• Applying financial modeling, quantitative methods, and statistical analysis techniques to calculate, analyze, and interpret financial metrics;
• Maintaining controls and documentation practices to produce standards aligned outputs for internal and external review;
• Applying analytical methods including quantitative analysis and statistical analysis, to complete projects and work with stakeholders to meet deadlines and communicate status, findings, and issues with clients and cross functional partners.

The employer will accept pre or post master’s degree experience.

EMPLOYER: Bank of America N.A. Shift: 1st shift (United States of America) Hours Per Week: 40 Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice

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!

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.

Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency

Bank of America believes both in the importance of working together and offering flexibility to our employees.

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.