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. 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 organization.

• Develop new financial models, analytics, and tools to support the linear rates derivatives.
• Develop swaps, e-trading, and intraday risk platforms.
• Develop and support of intraday risk system.
• Integrate financial models into Firm systems.
• Provide tactical support of risk and pricing activities on the rates trading desks.
• Provide overall support of rates analytics at the Firm.
• Work with trading and other front office staff as well as technology department to develop solutions for trading business requirements.
• Pricing and risk management of derivative products, including applying stochastic calculus, probability theory, interest rate yield curve building, and analysis of interest rate derivatives.
• Develop code in either Python or C++, in an enterprise environment for full life-cycle applications, for pricing and risk systems for derivatives.
• Implement testing of derivative software, including the use of unit testing and testing pyramids.
• Navigate multiple external derivative trading venues.
• Collaborate with trading staff on a daily basis for derivative application development, support, and analysis.
• Work with the AMPS pub/sub messaging system and KDB database or similar systems for real-time messaging and analysis.
• Remote work may be permitted within a commutable distance from the worksite.

• Master's degree or equivalent in Computational Finance, Statistics, Mathematics, or related; and
• 3 years of experience in the job offered or a related Finance occupation.
• Must include 3 years of experience in each of the following:
• Pricing and risk management of derivative products, including applying stochastic calculus, probability theory, interest rate yield curve building, and analysis of interest rate derivatives;
• Developing code in either Python or C++, in an enterprise environment for full life-cycle applications, for pricing and risk systems for derivatives;
• Implementing testing of derivative software, including the use of unit testing and testing pyramids;
• Navigating multiple external derivative trading venues;
• Collaborating with trading staff on a daily basis for derivative application development, support, and analysis; and,
• Working with the AMPS pub/sub messaging system and KDB database or similar systems for real-time messaging and analysis.