Associate - Quant

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 Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation. Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques. Partner with the business, control functions, quants and technology teams on process automation and enhancement initiatives. Adopt modern analytics and technologies and leverage models and data to develop and deliver impactful solutions to Global Markets. Integrate data-driven insights, as well as Generative AI, to help identify business opportunities, enhance client dialogue and support deal execution. Identify workflow and process optimization opportunities, onboard / build tools for efficiency improvements, and enhance reporting frameworks. Lead multiple projects with precision, ensuring timely execution and effective communication with stakeholders. Generate required documentation and testing to support model risk management ongoing model review and validation. Perform numerical analysis of existing models and implement and test performance enhancements. Conduct quantitative analysis of the current markets, industry trends and trading strategies. Remote work may be permitted within a commutable distance from the worksite. Required Skills & Experience Bachelor's degree or equivalent in Financial Engineering, Mathematics, Statistics, Finance, or related: and 2 years of experience in the job offered or a related Quantitative occupation. Must include 2 years of experience in each of the following: Collaborating across global markets and stakeholder groups, integrating inputs from risk, control, quantitative, and technology teams to deliver enterprise-scale modelling solutions influencing risk-weighted assets and supporting regulatory and strategic decision-making; Combining data engineering expertise in modern data architecture and leveraging emerging technologies including Large Language Models and Robotic Process Automation, to shape analytics delivery; Adhering to model development standards and best practices from conceptual design rooted in sound statistical methodologies, robust code implementation to deployment through optimized GPU usage to ensure stability and scalability; and, Staying ahead of current industry trends including Generative AI and Cloud Computing, how such trends impact the businesses being supported and how they fit into broader strategy. If interested apply online at or email your resume to View email address on click.appcast.io and reference the job title of the role and requisition number. Bank of America N.A. Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100) Pay and benefits information Pay range $175,000.00 - $175,000.00 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. Privacy Statement: 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. Pay Transparency: