Bank of America-posted 3 months ago
Intern
New York, NY
Credit Intermediation and Related Activities

Our Summer Associate Program includes formal training followed by assignments with a specific team within the Quantitative Strategies & Data Group. As a quantitative strategist you will focus on a specific product area within the overall group. Responsibilities vary with specific assignments, but examples could include: Enhancement of pricing and risk models to incorporate new market or products features, Quantitative analysis of the current markets, trends, and trading strategies, Numerical analysis of existing models and implementation and testing of performance enhancements, Investigation and improvement of high-frequency algorithmic trading strategies, Improving market making business operational efficiency through application of analytics.

  • Enhancement of pricing and risk models to incorporate new market or products features
  • Quantitative analysis of the current markets, trends, and trading strategies
  • Numerical analysis of existing models and implementation and testing of performance enhancements
  • Investigation and improvement of high-frequency algorithmic trading strategies
  • Improving market making business operational efficiency through application of analytics
  • Candidates are required to be pursuing a degree from an accredited college or university with a graduation timeframe between November 2026 and August 2027 at the following level: PhD or Master's in a quantitative field such as mathematics, physics, engineering, operations research, computer science, financial mathematics, computational finance, or financial engineering
  • A record of superior academic achievement
  • Understanding of basic financial modeling
  • Experience with numerical modeling
  • Strong computing skills in some or all of C/C++, Excel/VBA, and Python
  • Strong interest in global financial markets
  • Good communication skills
  • Ability to work effectively in a team environment
  • Demonstrated problem solving skills
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