Position: Quantitative AnalystLocation: New York NY 10013 (2-3 days/week onsite)Term: 10-12 Months Contract with possible extension/conversion Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. Will support the front office In-Business Risk team, working along with the trading and XVA desks in managing their market risk metrics and capital. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you. Required Skills & Experience<ul><li>A PhD or Master’s in a technical discipline such as Statistics, Computer Science, Mathematics, Physics, Quantitative Finance, Operations Research or similar.</li><li>6+ years of experience in quantitative modeling in the financial industry.</li><li>Strong technical/programming skills such as in Python or C++.</li><li>Skilled in data cleaning, transformation, and processing using Python libraries such as pandas and numpy.</li><li>Hands-on skills writing SQL and experience working with large datasets.</li><li>Understanding of commonly used market risk metrics and method such as VaR.</li><li>Product knowledge of at least one asset class.</li><li>Familiar with software development principles.</li><li>Able to design, structure, and modularize complicated program.</li><li>Experience with statistical analysis and calculations using market data.</li><li>Clear and concise written and verbal communication skills.</li></ul> Desired Skills & Experience<ul><li>Experience in Rates or Equities.</li><li>Stress testing is a plus.</li><li>Proficiency in delivering solutions using front-end frameworks like Angular and visualization tools like Tableau is a plus.</li><li>Exposure to pricing models to evaluate risks of complex financial instruments.</li></ul> What You Will Be Doing<ul><li>Build analytical tools and applications inlcuding AI powered apps for the business and traders’ use to assess market risk and capital metrics, and to develop efficient portfolio level hedge strategies.</li><li>Develop and maintain large-scale in-house python and C++ analytics libraries.</li><li>Develop well-structured high-quality code and contribute to contribute to large-scale in-house python libraries.</li><li>Perform in-depth diagnosis of the current market risk and capital models and processes, partner with the business and other quant teams to propose and drive enhancement.</li><li>Partner with traders, provide cost-benefit analysis to help on business prioritization, guidance and direction.</li><li>Work with asset class quant teams to improve existing pricing models, to align with regulatory requirement and strengthen the process used for calculating risk metrics and valuation.</li></ul>

Execution Quantitative Analyst Position Overview An execution / trading focused experienced quant analyst need to join a small group of technical execution quants in the firms central trading division. The team partners with trading technology teams, portfolio managers, business dev teams, traders with the goal of building scalable, automated trading processes. We consult, advise, and assist the firm's traders and portfolio managers to improve their trading. We collaborate with the firm's technologists to enhance trading systems and build new products. We maintain working relationships with our sell-side broker partners to help with the evaluation and design of their algorithms and other trading services. Principal Responsibilities <ul><li>Steer product development of the firms central trading processes and internal liquidity pools, soliciting appropriate inputs from various stakeholders, </li></ul><ul><li>Improve and broaden the firms existing processes that evaluate and drill into trading performance of a particular portfolio management team </li></ul><ul><li>looking for and recommending possible opportunities to improve execution quality by interpreting performance reports and performing custom analysis </li></ul><ul><li>contribute to feature development in the analysis system (expansion by asset class, product specifics, trading style specifics, and additional market coverage) </li></ul><ul><li>Conduct research, identify patterns, evaluate trends </li></ul><ul><li>formulate and test hypotheses, design tests, interpret results </li></ul><ul><li>Communicate all ideas, questions, and conclusions concisely and effectively </li></ul><ul><li>Contribute to regular data maintenance-monitoring and cleaning </li></ul><ul><li>Develop expertise in the firm's trading practices and industry developments </li></ul> Qualifications <ul><li>4+ years of relevant systematic vol trading or quant analyst experience</li></ul><ul><li>Bachelor's or Master's degree in CS, Electrical & Electronic Eng, Biochem, applied math or statistics </li><li>Experience in a trading logic/execution capacity for a systematic trading process strategy on the buy side is a bonus and can substitute for the 4+ years of sell side experience requirement. </li><li>Experience as a hands-on development lead, mentoring and guiding junior developers. </li><li>Basic principles of statistical inference and excellent quantitative and analytical skills, with the ability to interpret complex data and develop actionable insights. </li><li>Strong verbal and written communication skills, with the ability to convey technical concepts to non-technical stakeholders. </li><li>Proven ability to solve complex problems and think critically in quickly evolving situations </li><li>Ability to work effectively in a team-oriented environment, collaborating with cross-functional teams. </li><li>Experience in python essential, experience in kdb/q highly preferred</li><li>Unix and variants, excel and shell experience is essential </li></ul> The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individual's experience level and the qualifications they bring to the role to formulate a competitive total compensation package.

Client Quantitative Analyst I - Data Controls Charlotte, North Carolina;Plano, Texas; Richmond, Virginia; New York, New York; Boston, Massachusetts; Chicago, Illinois; Farmington Hills, Michigan; Kennesaw, Georgia; Phoenix, Arizona **Job Description:** 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! **Job Description:** This job is responsible for supporting analytical work efforts for various projects within a Line of Business or business discipline. Key responsibilities include leveraging databases to acquire client and performance data, transforming extracted data into meaningful insights and trends, and delivering those insights to leaders to make complex business decisions. Job expectations include working with business partners to understand, coordinate, and deliver agreed upon priorities while communicating complex data outputs and delivering the appropriate summary and data required. **Responsibilities:** + Supports the extraction of data using a variety of a programming languages, such as SQL, SAS, Python, or Spark/Scala, and applies knowledge of relational and non-relational database systems housed on both on-premise and off-premise (hybrid) platforms + Connects provisioned data across multiple sources and performs necessary transformations utilizing both technical, business, and process knowledge to transform data into meaningful values and insights + Performs quantitative techniques and analysis on customer, transaction, and performance data with the guidance from other analysts and supervisors, based on questions provided by business partners, and provides actionable insights for business partners to make informed decisions. + Follows requirements developed by other analysts and supervisors to perform required research, analytics, and exploration on appropriate and accurate data sources to provide appropriate deliverables + Communicates complex subjects in a simple and engaging manner to non-technical and technical business partners using software such as Power Point, Word, Excel, and Tableau + Assists with conducting quality comparison checks on analysis output and escalates data inconsistencies, gaps, or issues to leadership + Follows quality workflow process and documentation requirements to adhere to standards and provide business continuity **Skills:** + Business Analytics + Data Mining + Data and Trend Analysis + Analytical Thinking + Business Intelligence + Data Quality Management + Data Visualization + Application Development + Business Acumen + Continuous Improvement + Innovative Thinking + Quality Assurance **LOB Specific Information** : + **This position is not eligible for sponsorship** **LOB Specific Information** **:** Responsible for capturing, documenting, and maintaining data governance and controls for the Consumer & Small Business Anti-Money Laundering organization as part of Client Protection. This role will collaborate with Data Stewards, Data Users, Data Owners, and Technology Teams to understand and assess their data controls, processes, and technology to support strategic data initiatives, remediate deficiencies, and drive business requirements. This role will establish formal Consumer AML data management governance guidance to adhere to the enterprise policies and standards. Engage with Enterprise Data Strategy and Governance Organization (EDSGO) to stay aligned with any changes, and update/educate the organization appropriately to ensure compliance across the organization. This includes identifying risk/gaps, escalating to necessary stakeholders, and assisting with action plans to implement/enhance controls where gaps may be identified. The Analyst will work with the Controls & Governance Leader to: Build a culture of data controls and governance across the organization Consult with process owners, subject matter experts, technical experts, end users and other stakeholders to gather information about current processes within the Single Process Inventory (SPI) to document the end-to-end business process with focus on data attributes and data sources, control features, interfaces with other systems required. Organize Governance routines with respective stakeholders to ensure the documentation is current, identify any control gaps or opportunities and track those actions needed through completion. **LOB Required Qualifications:** 5+ years of experience with technology applications using relational databases and/or rule engines. Understands metadata and data supply chains Understands ETL processes Familiarity with data reconciliation across applications Experience with data application mapping (inflows and outflows) Experience with relational databases, file systems, reading & writing code (e.g. SAS, SQL) Documentation experience and building standardized templates, outputs Experience in one or more of the following areas: data intelligence/analytics, data management, data governance, data controls chain, data quality management, and/or data architecture Understanding of data governance, data quality, and data management and data concepts Client engagement skills Independent and proactive analyst Excellent communication skills and influencer Develops and continuously improves procedure driven functions to demonstrate sustainability, repeatability and defensibility of program Strong Experience in Microsoft Office applications Bachelors degree or equivalent work experience **LOB Desired Qualifications** **:** Experience with data mapping between application using disparate metadata documentation. Project and issues management experience Understanding of enterprise ADS internal architecture designs (e.g. Bronze, Silver, Gold) Experience reading & writing python code Financial services expertise Subject matter expertise in Bank Secrecy Act/Anti-Money Laundering, Sanctions **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 **Pay Transparency details** US - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544) Pay and benefits information Pay range $82,200.00 - $117,900.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. 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 and affirmative action, 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. To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) . To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) . 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. To view Bank of Americas Drug-free Workplace and Alcohol Policy, CLICK HERE . 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.

<h3>Job Description</h3><div>Job Description<div>Lead Quantitative Analyst (Mortgage)264-276kNYC (hybrid)Lead Quantitative Analyst role available! Your team's focus will be on mathematical concepts and programming and will manage all quantitative modeling related to market and interest rate risk on mortgage products (consumer banking mortgage activities, trading activities and investment portfolio positions in mortgage products).Benefits<ul><li>Start on 1st day</li><li>Medical, dental, vision</li><li>6% match on 401k, 4-16 weeks paid parental leave</li><li>144 hours up-front PTO, additional PTO afterward (accrued)</li><li>Variable bonuses, backup child care, tuition reimbursement </li><li>Commuter benefits, paid parking, more</li></ul>Responsibilities<ul><li>Implement interest rate models, mortgage prepayment models, mortgage default models, derivative valuation models, hedging strategies, and horizon forecast models to support various mortgage business.</li><li>Implement and enhance the firm’s proprietary quantitative library in C++</li><li>Generate, test, implement, and deploy ideas to improve system performance or team productivity</li><li>Improve the safety and reliability of the library</li><li>Partner constructively in collaboration with business, model development, model validation, and IT</li></ul>Required<ul><li>5+ years of Quantitative Analytics experience</li><li>Master's degree or higher in a quantitative discipline (mathematics, statistics, engineering, physics, economics, or computer science)</li></ul>Desired<ul><li>2+ years of C++ experience</li><li>2+ yrs experience applying advanced mathematics in problem solving</li><li>Strong design, coding, testing, and debugging skills.</li><li>Experience with large scale library development</li><li>Versed in software engineering principles</li><li>Experience with multi-threading and asynchronous event-driven programming</li><li>Experience in software development cycle and agile technologies</li><li>Experience with computer programs including, SQL and VBA</li><li>Knowledge and understanding of interest rate derivatives models and mortgage analytics</li><li>Experience in vendor model, solution, or platform - Polypaths, ADCo, Intex, QRM, Bloomberg, Yieldbook</li><li>Knowledge of Derivatives valuation</li></ul></div></div>

Duties Description Description: The New York State Insurance Fund (NYSIF) with over $20 billion of assets under management, is seeking a Senior Quantitative Portfolio Analyst to join its investment risk management team to oversee portfolios across multiple asset classes. This position reports to the Chief Investments Risk Officer. Responsibilities include, but are not limited to: •Quantify risk exposures for all NYSIF portfolios, including those investing in fixed-income securities, equities and alternative assets •Work closely with staff on portfolio optimization and scenario analysis, and help devise strategies to achieve stated portfolio objectives •Use various systems (Aladdin, Bloomberg, Yield Book, Intex, etc.) and compile exposure and risk related data •Measure and monitor various factor exposures across asset portfolios •Measure, monitor, manage and report on various portfolio risk metrics such as VaR, credit VaR, expected shortfall, tracking error, stress testing, and asset-liability analysis •Participate and contribute to regular portfolio strategy, credit review and risk management meetings, and contribute with ideas to improve portfolio structure, risk measurement, investment process, etc. •Generate risk reports on both internally and externally managed portfolios for NYSIF colleagues and other stakeholders •Produce and review performance attribution analysis and reports for internally managed portfolios and assist in this work for externally manager portfolios. Minimum Qualifications Minimum Qualifications: •Bachelor's degree with strong academic qualifications •Minimum of Seven years of experience in a comparable role •Preference will be given to candidates who have worked at a "buy-side" institution Preferred Qualifications: •Master's degree in finance or a quantitative discipline, or possess the Chartered Financial Analyst (CFA) credential •Experience with portfolio management software •Five years background and knowledge of industry standard risk/portfolio analytic systems. Preference will be given to candidates with Blackrock Aladdin experience •Strong financial modeling skills •Prior background in fixed-income analytics (equity market experience a plus) •Proficiency in Python is a plus •Competent programming skills (VBA) and proficiency in security modeling •Deep interest in capital markets •Solid mathematical understanding of fixed-income instruments Additional Comments For new State employees appointed to graded positions, the annual salary is the hiring rate (beginning of the Salary Range) of the position. Promotion salaries are calculated by the NYS Office of the State Comptroller in accordance with NYS Civil Service Law, OSC Payroll rules and regulations and negotiated union contracts. Fringe Benefits: •Competitive Compensation. •Future Career Growth Potential. •Open and Supportive Team-Based Environment. •Plentiful Vacation, Personal, and Sick Leave Accruals. •Paid State and Federal Holidays. •Full Medical, Vision, and Dental. •Retirement Options. •Public Student Loan Forgiveness (PSLF). •Possibility of Telecommuting. NYSIF Commitment to Diversity, Equity, and Inclusion The New York State Insurance Fund (NYSIF) prioritizes and champions diversity, equity, and inclusion (DEI) throughout our agency. NYSIF provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other protected category under federal, state, and local law. We believe that embracing our differences brings richness, new ideas and experiences to NYSIF, which energizes a creative and innovative work environment. We strive to foster a workplace where diverse individuals are able to participate fully in the decision-making process and have ample opportunity for advancement. We are committed to investing the necessary resources and attention to improving the engagement, retention, and promotion of the extraordinary talent we have. Executive Order 31 commits New York State government to becoming a model employer for people with disabilities, increasing the participation of people with disabilities in state service and ensuring equal access to opportunities. NYSIF is proud to utilize best practices to recruit, hire, retain, and promote career advancement of individuals with disabilities. This includes special focus on current and prospective employees with the most significant disabilities, such as the use of supported employment, individual placement with support services, customized employment, the civil service sections 55/b and 55/c programs, internships, and job shadowing. If you are a person with a disability and wish to request that a reasonable accommodation be provided for you to participate in a job interview, please send an email to NYSIF's Reasonable Accommodations mailbox at ra@nysif.com. #li-dni Some positions may require additional credentials or a background check to verify your identity. Name HR Exec Telephone Fax 518-437-1618 Email Address hrexec@nysif.com Address Street 15 Computer Drive West City Albany State NY Zip Code 12205 Notes on Applying Candidates must submit a resume and cover letter outlining their interests and skills to hrexec@nysif.com referencing the NYSIF Vacancy Posting Number in the subject line. Submissions without a cover letter may not be considered.

Position Overview: We are seeking a highly skilled Quantitative Analyst with strong programming capabilities, statistical expertise, and a solid understanding of database management. The ideal candidate will be adept at working with large datasets, building and back-testing statistical models, and applying advanced analytical techniques to drive data-driven decision-making. Prior experience in the financial services industry is strongly preferred. Arc24 is a New York-based, Credit focused investment manager seeking a highly motivated candidate to join our team from the ground up. We provide a unique opportunity to be part of an emerging asset management firm whose founders have an established track record of success. By joining from the ground up, you will have the chance to significantly influence the direction and growth of the organization, shape best practices, and contribute to innovative investment strategies. As a key member of our expanding team, you will play an integral role in building a dynamic environment that fosters professional growth, collaboration, and long-term success. Key Responsibilities:<ul><li>Develop and maintain quantitative models using C++ and Python to analyze large and complex datasets.</li><li>Design and implement database management solutions to ensure efficient data retrieval, storage, and processing.</li><li>Perform advanced statistical analysis and leverage Excel for data manipulation, analysis, and reporting.</li><li>Build, calibrate, and rigorously back-test statistical models, ensuring accuracy, reliability, and robustness.</li><li>Collaborate cross-functionally with internal teams, including traders, portfolio managers, and risk management personnel, to support data-driven strategies and decision-making.</li><li>Continuously refine and optimize models and processes to align with evolving market conditions and business objectives.</li></ul> Qualifications:<ul><li>Bachelor’s degree in a related field (e.g., Finance, Economics, Mathematics, Statistics, Computer Science) with 3–5 years of relevant experience, or a Master’s degree with prior work experience.</li><li>Proven coding experience with C++ and Python.</li><li>Proficiency in database management, including SQL or similar technologies.</li><li>Advanced skills in Excel and a deep understanding of statistical methods and tools.</li><li>Demonstrated ability to build, validate, and maintain statistical models, preferably in a financial services context.</li><li>Strong analytical, problem-solving, and communication skills.</li><li>Experience working with large datasets and applying analytical techniques to generate actionable insights.</li></ul> Preferred Experience:<ul><li>Previous experience in the financial services industry, particularly involving complex models and large-scale data analysis.</li><li>Familiarity with data visualization tools and libraries.</li></ul> If you are a data-driven thinker with strong quantitative, technical, and problem-solving abilities, we invite you to apply and join our dynamic team.

<h3>Job Description</h3><div>Job Description<div><div>Role: Senior Quantitative Analyst</div>Role Description<div>The Market Data Solution (MDS) and Risk Master (RM) businesses are seeking a high caliber candidate to join as a Senior Quantitative analyst their Mumbai office. This is a high-profile role which requires strong modelling skills coupled with a strong commercial awareness and excellent communication skills. Knowledge of market data processes or data modelling would be very useful but is not essential.</div><div></div><div>Reporting to the Business Owner for MDS and RM, the key responsibilities are as follows</div><ul><li>Develop APIs to for both open source and bank in-house quantitative libraries and market risk engines for both calibration as well as valuation use cases, e.g.</li><li>Zero Curve Calibration / Bootstrapping</li><li>Hull White Model Calibration</li><li>Put-Call Parity Analysis on Market Vol Data</li><li>SABR Model Calibration</li><li>Cubic Spline Interpolated Zero Rates </li><li>Credit Curve (Survival Probabilities) Calibration / Bootstrapping</li><li>Risk Factor de-composition: Regression of NonModellable Z-Spread Risk Factor on comparable Modellable Z-Spread Risk Factors to determine Modellable Explained and NonModellable Unexplained Risk Factors</li><li>PCA for Curve Validation</li><li>FX Stochastic Volatility Model: Heston implementation</li></ul><div></div><div>The role involves the integration of these APIs into the GoldenSource data model. To do this effectively the successful candidate will need to understand these models in the quant or market risk libraries</div><div></div><ul><li>Work with the development and pre-sales teams to prototype solutions for Market Risk and FRTB Use cases, e.g.<ul><li>FRTB Risk Factor Eligibility Test</li><li>Shock generation for Equity Vol Smile using gap filling</li><li>Reconstruction of Equity Index time-series using proxy weightings</li><li>Aggregation of risk sensitivities in Risk Warehouse for the standardized approach</li></ul></li></ul><div>To be considered for this role you will need to have the following:</div><ul><li>MSc or PhD in Financial Mathematics, Mathematics or Physics or equivalent work experience</li><li>Strong Knowledge of option pricing theory and financial mathematic</li><li>Experience in a quantitative role for interest rates, FX or equities gained in an investment bank</li><li>Experience in model’s development, programming and maintenance of model’s libraries</li><li>Knowledge of derivatives products</li><li>Strong programming skills in Python</li><li>Good data modelling skills including some experience with RDMS</li><li>Strong Excel</li><li>Knowledge of Hadoop or Java would be good but not essential</li><li>Prior experience of Open Gamma Strata or QuantLib would be good but not essential</li></ul><div>You will also need strong communication skills and the ability to articulate complex problems and solutions to all audiences. In addition, you should enjoy working in a fast-paced environment and be able to work to tight timescales. Excellent analytical skills with a strong focus on accuracy of information coupled with determination are also desirable skills. </div><div></div></div></div>

Quantitative Analyst Jobs in New York, NY

Quantitative Analyst
February 15, 2025

Execution Quantitative Analyst
February 10, 2025

Client Quantitative Analyst I Data Controls
February 8, 2025

Lead Quantitative Analyst
February 7, 2025

Senior Quantitative Analyst
February 7, 2025

Quantitative Analyst
February 4, 2025

Senior Quantitative Analyst
February 3, 2025

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Quantitative Analyst Jobs in New York, NY

Quantitative AnalystFebruary 15, 2025

Execution Quantitative AnalystFebruary 10, 2025

Client Quantitative Analyst I Data ControlsFebruary 8, 2025

Lead Quantitative AnalystFebruary 7, 2025

Senior Quantitative AnalystFebruary 7, 2025

Quantitative AnalystFebruary 4, 2025

Senior Quantitative AnalystFebruary 3, 2025