Bank of America Corporation

Associate/VP, Quantitative Analyst - Commodities

Bank of America Corporation • $100K — $225K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or higher in Mathematics, Statistics, Computer Science, Engineering, Physics, Quantitative Finance, or related field
  • Strong Python programming and software development skills
  • Experience with structured development practices including source control and code reviews
  • Rigorous problem-solving abilities and strong attention to data quality
  • Interest in building and owning production-quality quantitative platforms
  • Strong communication skills, especially in high-intensity business environments

Responsibilities

  • Develop and maintain the Python platform for commodities investible indices
  • Implement new indices and trading analytics, including backtesting capabilities
  • Build scalable data pipelines and calculation components
  • Support the GCIP trading desk with production and data issues
  • Improve platform reliability and performance
  • Collaborate with trading, structuring, and technology teams to meet business demands

Benefits

  • Access to industry-leading benefits
  • Paid time off
  • Resources and support for employee impact
  • Contributions to sustainable growth efforts in communities
  • Participation in an annual discretionary award based on performance
Full Job Description
Job Description:

This job is responsible for conducting quantitative analytics and modeling projects for specific business units or risk types. Key responsibilities include developing new models, analytic processes, or systems approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations include having a broad knowledge of financial markets and products.

Requirement:

We are seeking a talented and driven Quantitative Analyst to join the Commodities team within the Quantitative Strategies and Data Group (QSDG), supporting the Global Commodities Index Products (GCIP) trading desk.

Commodity QSDG is a global team with members in London, New York, Houston, and Singapore. The team develops and supports quantitative platforms, analytical tools, models, and data solutions for commodities businesses across the Americas, EMEA, and APAC.

This NYC based role will focus on the continued development of the strategic platform supporting Bank of America's commodities investible index franchise. The successful candidate will build scalable platform components, implement new indices and strategies, improve existing analytics and workflows, and support the platform in production.

The role is highly business-facing and involves close interaction with trading, index structuring, sales, and technology teams. It will suit someone who enjoys a fast-paced, high-intensity flow environment, values direct engagement with the business, and is comfortable balancing strategic platform development with timely support for trading priorities.

Responsibilities:
  • Develop and maintain the Python platform supporting commodities investible indices
  • Implement new indices, strategies, as well as backtesting capabilities, and trading analytics
  • Build scalable data pipelines, calculation components, controls, and monitoring tools
  • Support the GCIP trading desk and resolve production, data, and calculation issues
  • Improve platform reliability, performance, testing, and maintainability
  • Work closely with trading, structuring, sales, and technology to deliver business priorities


What We Are Looking For:
  • A strong degree in mathematics, statistics, computer science, engineering, physics, quantitative finance, or a related field
  • Strong Python programming and software development skills
  • Experience with structured development practices, including source control, testing, code review, and release processes
  • Rigorous problem-solving skills and strong attention to data quality and controls
  • An interest in building and owning production-quality quantitative platforms
  • Strong communication skills and the ability to work effectively in a business-facing, high-intensity environment


Preferred Skills:
  • Experience with index, trading, risk, backtesting, or financial analytics platforms
  • Knowledge of SQL, KDB+/Q, databases, APIs, or large-scale data processing
  • Understanding of investible indices, systematic strategies, or commodity derivatives
  • Knowledge of statistics, derivatives pricing, or financial engineering
  • Experience with production monitoring, reconciliation, and automated controls


Minimum Education Requirement: Bachelor's degree or greater in related field

Hours Per Week:
40

Travel Required:
Yes, 5% of the time

Pay Transparency details

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

Pay and benefits information

Pay range

$100,000.00 - $225,000.00 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.

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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