This is a Global Quantitative Strategies Summer Analyst role with one of the leading companies in AU right now Bank of America with an amazing team. They are continuing to grow rapidly. This is the chance to join right as the takes off. More About the Role at Bank of America What we’re looking for: - Penultimate year Undergraduate, Masters or PHD student - Outstanding academic achievement - Mathematics, Engineering, Physics or Computer Science background required - Strong programming skills required (preferably in an Object-oriented language such as Python, Java, C#, C++) - Experience using Excel/VBA - Database skills and exposure to KDB/q advantageous - A commercial mindset and an interest in financial markets and quantitative finance - Strong quantitative and analytical skills - Strong verbal and written communication skills - Creative thinking and problem-solving skills - Fluency in English is essential - The ability to work well independently and in teams Why Us? The Quantitative Strategies Group (QSG) is responsible for the models and analytics used in the Sales and Trading divisions within Global Markets. The group designs, builds and maintains industrial strength tools for analyzing, pricing and risk managing financial products across all asset classes traded by Bank of America. The group works closely with trading, structuring, risk management and technology to provide analytics which can quickly and accurately quantify the firm’s risks. This involves developing models and algorithms able to accurately calculate the value and risk of the financial products we offer our clients. What you’ll do: - Build quantitative models for pricing and risk management - Work closely with technology to implement and maintain models and algorithms - Apply new technologies to solve business problems more efficiently - Work closely with trading, sales and technology to optimize client experience, trading revenues, and trading volumes - Drive new initiatives and products in the electronic trading space. Placement within QSG is determined after the hiring process depending on the business needs and the interests/skills of candidate. The various teams within Equity and FICC QSG include: - Flow Derivatives Strats - Exotic Derivatives Strats - Electronic & Algorithmic Trading Strats - Index Financing Strats - Delta One Strats - Rates Strats - eFX Strats Possible Responsibilities (vary with placement): - Development of new products/models - Risk/PL analysis - Development of quantitative tools - Investigation of hedging strategies and hedging cost - Electronic trading analysis (e.g. portfolio optimization, market microstructure, transaction costs) If you don’t think you're a perfect fit, you should still sign up to Hatch and create a profile, we'll match you to other roles that suit your profile. Hatch exists to level the playing field for people as they discover a career that’s right for them. We model this in our hiring process for our partners like Bank of America. ✅ Applying here is the first step in the hiring process for this role at Bank of America. We do not discriminate on the basis of gender identity, sexual orientation, cultural identity, disability, age, or any other non-merit factors. To put it simply, Hatch is for everyone.