VP, Linear Rates Quants Analyst

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in‑office culture with specific requirements for office‑based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role‑specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

• Development of new financial models, analytics and tools to support the linear rates derivatives.
• Development of linear rates tools and analytics.
• Integration of financial models into Firm systems.
• Tactical support of risk and pricing activities on the rates trading desks.
• Overall support of rates analytics at the Firm.
• An interest in staying current with modern development tools and workflows, such as AI‑assisted coding or advanced automation frameworks, is advantageous.

• Advanced degree in a quantitative discipline (e.g., physics, mathematics, finance, or engineering)
• Strong knowledge and hands‑on experience with analytics modeling and numerical methods
• Required expertise in stochastic calculus, probability theory, and pricing models for rates derivatives
• Proficiency in C++ and Python programming
• Ability to operate effectively in a trading floor environment
• Strong communication skills, both verbal and written
• Prior front‑office experience with a focus on analytic development (preferred)

Master’s degree in related field or equivalent work experience

1st shift (United States of America)

40

Location:

US – NY – New York – ONE BRYANT PARK – BANK OF AMERICA TOWER (NY1100)

Pay range: $ – $ 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.