Job Location: Mumbai
Job Description:
Overview (Bank overview, GBS India overview, Function Overview)*
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.
We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.
We are a part of the Global Business Services which delivers technology and operations capabilities to all Bank of America lines of business (LOB) and enterprise functions.
Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.
- BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.
Process Overview*
Knowledge Service Center (KSC) supports global businesses of the Bank with solutions requiring judgment application, sound business understanding and analytical perspective. The domain experience in the areas of Financial Research & Analysis, Quantitative Modeling, Risk Management and Prospecting Support provide solutions for revenue enhancement, risk mitigation and cost optimization. The division comprising of highly qualified associates operates from three locations i.e, Mumbai, Gurgaon & Hyderabad.
Bank of America Global Equities is a market leader in providing world-class service to a wide range of clients. Global Equities includes Institutional Derivatives Sales, Derivative and Convertible Trading, New Product Development, Equity Capital Markets, Institutional Equity Sales, Equity Trading, Electronic Trading Services, Prime Brokerage and OTC Trading. Global Equities provides marketing, structuring, and trading of listed and customized equity products for its clients.
Job Description*
Within Global Equities, the role is in the Quantitative Investment Strategies team. QIS has structured and is now working on a high number of systematic strategies (~150+), creating highly customized solutions for clients in AMRS, EMEA & APAC. The team integrates a disciplined product creation process within a rigorous analytical framework.
Responsibilities*
- Partner with our quants, sales and trading teams to develop core analytics and deliver key initiatives for our Equities Derivatives Structuring business.
- Improve, maintain and optimize the structuring analysis and backtesting platform, helping the business to innovate faster and in a more consistent way.
- Work on complex data problems, handle large amounts of data and deliver a suite of analysis tools optimized for the data framework.
- Enhance ad hoc automated processes and recurrent reports for the team and to clients.
- Understand business challenges, financial products and drive technical/quantitative solutions
- Liaise and interact with the business to refactor similar processes in a uniform and robust way
Requirements*
Education*
- Master’s Degree or higher in Mathematics/Physics/Computer Science/Engineering; or equivalent experience
- Certifications If Any
CFA/FRM preferred
Experience Range*
0-2
Foundational skills*
Excellent IT skills· expertise in Python and object-oriented programming
- Experience with databases/data pipelines
• • Prior experience of working on a trading floor or experience with financial derivatives would be an advantage
- Experience with simulations, optimization, nonlinear programming, statistics would be an advantage
Desired skills
Thorough and pro-active approach, willing to work in a dynamic team
- Commitment to excellence and strong attention to detail
Work Timings*
11am to 9pm
Job Location*
Mumbai
Job Band:
H7
Shift:
Hours Per Week:
45
Weekly Schedule:
Referral Bonus Amount:
0
Bank of America | Hiring | Analyst- GBS | BigDataKB.com | 1/13/2022
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