Bank of America Corporation

Vice President; Structurer

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Financial Engineering, Statistics, Finance, or a related field.
  • 3 years of experience in quantitative modeling and data science within finance.
  • Expertise in time-series analysis, machine learning, and deep learning for forecasting volatility.
  • Experience with statistical and predictive analytics on large financial datasets.
  • Proficiency in developing and evaluating quantitative models using Python in production environments.
  • Ability to design end-to-end quantitative research and analytics infrastructure.

Responsibilities

  • Develop and implement frameworks for systematic equity volatility strategies using advanced modeling techniques.
  • Research and construct equity volatility-based strategies for optimized risk-return objectives.
  • Design quantitative hedging strategies to ensure downside protection in adverse market conditions.
  • Conduct scenario analysis and performance attribution for robust strategy assessments.
  • Develop quantitative research tools for back-testing and market risk analysis using Python.
  • Support institutional clients with quantitative insights and risk analytics through client dashboards.
  • Collaborate with teams across sales, trading, and risk to create quantitative modeling solutions.

Benefits

  • Industry-leading benefits package.
  • Access to paid time off.
  • Comprehensive resources and employee support.
  • Opportunities to contribute to sustainable business initiatives.
Full Job Description
Job Description:

Responsibilities
  • Develop and implement quantitative modeling frameworks to design, evaluate, and optimize systematic equity volatility strategies, leveraging time-series analysis, statistical modeling, machine learning techniques, and regime-switching approaches.
  • Research, construct, and evaluate equity volatility-based strategies, including yield-oriented volatility alpha and relative value strategies, utilizing index options, single-stock options, and volatility-linked derivatives to achieve defined risk-return objectives.
  • Design and implement quantitative hedging strategies and portfolio hedging solutions to deliver targeted downside protection under adverse market conditions while optimizing carry costs and risk-adjusted performance.
  • Conduct scenario analysis, stress testing, and performance attribution to assess strategy robustness, portfolio behavior, and risk exposures across varying market environments.
  • Develop and maintain quantitative research tools, models, and analytics pipelines for back-testing, market risk analysis, and process automation using Python and related analytical frameworks.
  • Support the development and positioning of equity derivatives solutions for institutional clients by delivering quantitative insights, modeling outputs, and risk analytics through client-facing dashboards and marketing materials.
  • Collaborate with cross-functional teams, including sales, trading, and risk, to translate business objectives into quantitative modeling and analytics solutions, and educate stakeholders on existing offerings and new strategies.
  • Remote work may be permitted within a commutable distance from the worksite.


Required Skills & Experience
  • Master's degree or equivalent in Financial Engineering, Statistics, Finance, or related: and
  • 3 years of experience in the job offered or a related Finance occupation.
  • Must include 3 years of experience in each of the following:
  • Utilizing advanced quantitative modeling and data science principles, including timeseries analysis, machine learning, and deep learning, to develop quantitative forecasting frameworks for volatility driven risk, drawdowns, and adverse portfolio outcomes;
  • Applying statistical, econometric, and predictive analytics techniques to largescale financial datasets to extract insights, identify trends, quantify risk exposures, and assess portfolio level performance across different market regimes;
  • Developing, back testing, and evaluating quantitative forecasting and portfolio analytics models, including scenario analysis and performance attribution, using Python in a production research environment;
  • Designing and developing end to end quantitative research and analytics infrastructure, including data ingestion pipelines, feature engineering processes, and scalable simulation environments to enable robust risk analytics and quantitative strategy evaluation; and,
  • Supporting risk management, and investment decision making by translating business objectives into actionable quantitative modeling solutions through collaboration with cross functional stakeholders.


If interested apply online at www.bankofamerica.com/careers or email your resume to [redacted] and reference the job title of the role and requisition number.

EMPLOYER: BofA Securities, Inc.

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

$225,000.00 - $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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