Job Information
Merrill Lynch Commodities Inc Vice President; Quantitative Finance Analyst in New York, New York
Research and develop quantitative derivative pricing models for commodities markets. Support various commodities trading desks (oil, gas and power, precious metals, index, agriculture) including, but not limiting from the modeling/pricing perspective. Propose new ideas and improve existing models, business processes, strategies, and logic. Develop software applications required to support indicated models and analytical tools. Build financial models and conduct quantitative analysis to support the sales & trading business. Use Python to automate complex tasks including financial model implementation and quantitative analytics. Utilize statistical tools and quantitative methodologies to conduct fundamental research to develop business insights. Employ financial markets knowledge along with stochastic calculus/financial engineering techniques to support and improve existing bank pricing models and applications. Remote work may be permitted within a commutable distance from the worksite.Master's degree or equivalent in Economics, Statistics, Financial Engineering or related; and 3 years of experience in the job offered or a related quantitative occupation. Must include 3 years of experience in each of the following: Building financial models and conducting quantitative analysis to support the sales & trading business; Using Python to automate complex tasks including financial model implementation and quantitative analytics; Utilizing statistical tools and quantitative methodologies to conduct fundamental research to develop business insights; and, Employing financial markets knowledge along with stochastic calculus/financial engineering techniques to support and improve existing bank pricing models and applications.Req# 24042610. If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com & reference the job title of the role & requisition number. No phone calls. EOE.
Minimum Salary: 200000.00 Maximum Salary: 210000.00 Salary Unit: Yearly