Quantitative Analyst (Quant) at Bank of America, Indianapolis, Indiana

Job Description

Company Overview:
Bank of America is a leading multinational investment bank and financial services company headquartered in Charlotte, North Carolina. With a strong presence in Indianapolis, Indiana, Bank of America offers a wide range of financial products and services to individual consumers, small businesses, and large corporations. Known for its commitment to innovation and excellence, Bank of America provides employees with a dynamic work environment and opportunities for professional growth.

Key Responsibilities For Quantitative Analyst (Quant):
- Develop and implement quantitative models to analyze financial data and support decision-making processes.
- Conduct statistical analysis and data mining to identify trends and patterns in financial markets.
- Collaborate with cross-functional teams to design and optimize trading strategies and risk management tools.
- Perform complex quantitative research to enhance pricing models and valuation methodologies.
- Present findings and recommendations to senior management and stakeholders in a clear and concise manner.
- Stay updated on industry trends and regulatory changes to ensure compliance with best practices and standards.

Required Qualifications:
- Bachelor's degree in Mathematics, Statistics, Economics, Finance, or related field.
- Strong proficiency in programming languages such as Python, R, or MATLAB.
- Experience in quantitative analysis, financial modeling, or algorithmic trading.
- Solid understanding of derivatives pricing, risk management techniques, and statistical methods.
- Excellent problem-solving skills and attention to detail.
- Ability to work independently and as part of a team in a fast-paced environment.

Desired Skills:
- Master's degree or PhD in a quantitative discipline.
- Certification in Financial Risk Management (FRM) or Chartered Financial Analyst (CFA).
- Knowledge of machine learning techniques and artificial intelligence applications in finance.
- Experience with big data tools and cloud computing platforms.
- Strong communication skills and ability to explain complex concepts to non-technical stakeholders.

Compensation & Benefits:
The annual salary range for the Quantitative Analyst (Quant) position at Bank of America in Indianapolis, Indiana is between $80,000 and $120,000, commensurate with experience and qualifications. In addition to competitive pay, Bank of America offers a comprehensive benefits package, including health insurance, retirement plans, paid time off, and professional development opportunities.

How to Apply:
To apply for the Quantitative Analyst (Quant) position at Bank of America in Indianapolis, Indiana, please visit our careers website and submit your resume and cover letter online. Only shortlisted candidates will be contacted for further evaluation. Thank you for your interest in joining Bank of America's dynamic team of finance professionals.

Required Skills

  • Accounting software (QuickBooks
  • SAP
  • Oracle NetSuite)

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