Deadline:
October 25, 2024
Location(s)
United Kingdom
London
Overview
Details
About Us
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organisation.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
The team:
During your time at Bank of America, you will be working within one of our trading businesses as part of the quantitative strategies and data group. In your role you will contribute directly to the firm by helping us serve our clients and manage risk. You will be on active projects in the fast-paced environment of the trading floor.
Training and Development
Your training and development is our top priority with extensive formal training offered at the start of the programme in addition to on the job support, educational speaker events and mentorship throughout.
Responsibilities:
As a summer analyst, your key tasks and responsibilities may include but are not limited to:
- Creating pricing and valuation models to understand and manage the risks of complex derivative products.
- Applying advanced statistical and data science techniques to analyze market dynamics and client behavior.
- Developing models and strategies that the business use to make trading decisions.
- Studying, implementing and improving electronic trading algorithms.
- Building tools to improve the efficiency and profitability of the trading business.
- Analyzing and managing the risks of the array of financial instruments the firm manages.
Opportunity is About
Eligibility
Candidates should be from:
Description of Ideal Candidate
Eligibility
- Candidates are required to be pursuing an undergraduate or postgraduate degree from an accredited college or university. Academic semester and all studies should be complete, with a graduation timeframe between September 2025 and June 2026.
- Achieved minimum of 112 UCAS point (or equivalent) and on track for a minimum 2:1 degree classification (or equivalent)
- Must be available to join the programme from June – August 2025
What we are looking for
Essential:
- An understanding of programming (preferably in an object-oriented language such as Python, C++, C# or Java)
- Expertise in relevant technical areas which could include any of: statistical/data analysis, financial mathematics and stochastic calculus, probability theory, numerical analysis, optimization techniques, machine learning, high performance numerical computing, compilers and programming languages, Monte Carlo simulation.
Desired:
- Great communication skills with an ability to convey complex ideas clearly to a diverse audience in both spoken and written form.
Dates
Deadline: October 25, 2024
Cost/funding for participants
Un-save Opportunity
Internships, scholarships, student conferences and competitions.
