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Quantitative EngineerBank of America

  • Not-remote
  • Total comp
    Expected total yearly pay with bonus and equity at target, including any base pay.
  • Salary
  • Bromley

Job Summary

Quantitative Engineer

Bromley, United Kingdom

To proceed with your application, you must be at least 18 years of age.

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Job Description:

Job Title: Quantitative Engineer

Corporate Title: Up to Assistant Vice President

Location: Bromley

Company Overview:

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. Were 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 organization.

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!

Location Overview:

Join our bustling Bromley office, situated in one of Londons greenest boroughs. Here youll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Job Description :

This job is responsible for designing, developing, testing and implementing common, reusable, and scalable software components which are either domain independent (generic data quality tools over billions of rows of data) or domain specific (classification models for surveillance or testing framework for Global Markets processes). Key responsibilities include enabling Global Risk Management's data and analytical capabilities. Job expectations include working with modelers, risk managers, and technologists to understand the current state and design the future state of data and analytics.

Responsibilities:

  • Applies quantitative methods to develop capabilities that meet line of business, risk management and regulatory requirements

  • Understands financial data: schemas, flow, size, data issues, data controls, etc.Builds performant big data pipelines

  • Uses programming skills and knowledge of software development lifecycle principles to deliver high quality code for model and testing processes

  • Collaborates with key stakeholders across the Bank to understand modelling and testing business processes and requirements

  • Thinks outside the box of current industry standards to develop innovative approaches

  • Maintains and continuously enhances capabilities over time to respond to the changing nature of portfolios, economic conditions and emerging risks

What we are looking for:

  • Candidates should meet all or a subset of the following technical skills:-

  • Software engineering: modular code, software lifecycle processes, unit testing, regression testing

  • Big data: distributed computing paradigms (e.g., mapreduce, dataframes, etc), optimizing distributed software

  • Modelling / quantitative: basic modelling techniques (regression, classification, clustering, etc)

Required Skills:

  • Bachelors degree in related field or equivalent work experience

  • Critical Thinking

  • Data Modelling

  • Process Effectiveness

  • Risk Modelling

  • Test Engineering

  • Influence

  • Oral Communications

  • Prioritization

  • Relationship Building

  • Written Communications

  • Attention to Detail

  • Change Management

Skills that will help :

  • Global Risk Management experience

Benefits of working at Bank of America (UK):

  • At Bank of America, we strive to prioritise employees health and wellbeing its what makes us a Great Place to Work.

  • Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.

  • Competitive pension plan, life assurance, and group income protection cover if you become unable to work because of a disability or health reasons.

  • We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

  • The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a well-being account, travel insurance, critical illness, cycle to work etc.

  • Use of a flex fund to use towards benefits

  • Access to an emotional wellbeing helpline, and virtual GP services

  • Access to the Peppy App which provides 1:1 support, consultations and resources relating to mens health, womens health, fertility, menopause, and pregnancy & parenthood.

  • Access to a range of gyms, exercise classes, and wellbeing Apps through Wellhub, including Headspace and Calm

  • Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.

  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. Its important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religious or similar philosophical belief, political opinion, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

View your "Know your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088\EEOC\KnowYourRights6.12.pdf) " poster.

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Banks required accommodation request process before your first day of work.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

Investment products offered through MLPF&S and insurance and annuity products offered through MLLA:

Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value

Are Not Deposits Are Not Insured by Any Federal Government Agency Are not a condition to Any Banking Service or Activity

Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation.

Trust, fiduciary and investment management services are provided by Bank of America, N.A., Member FDIC and wholly owned subsidiary of Bank of America Corporation (BofA Corp.).

Bank of America Private Bank is a division of Bank of America, N.A.

Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

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