EMEA | London | Global Quantitative Management Program| Full Time Analyst Programme

Global Quantitative Management, Analyst Programme

London, UK

Job Description & Program Overview

The Quantitative Management Analyst Programme (QMAP) is designed to develop and coach analytical and quantitative talent to be deployed throughout various Bank of America Merrill Lynch business groups. The programme consists of two one-year rotations in quantitative disciplines along with customized training and continuing education.  Upon completion of the program, QMAP graduates have a broad range of global career opportunities within the bank.

As an analyst within Quantitative Management, you will:

• Join a 2 year rotational programme focusing on capital markets, instrument pricing/valuation, and counterparty credit risk management
• Apply quantitative analysis to business problems and develop solutions in areas of Derivatives and Exotics, Price Valuation, Model Validation / Model Risk Management, Risk Analytics, Automated Solutions and Counterparty Credit Risk
• Implement solutions applying both qualitative and quantitative aspects in capital markets, finance, and risk management
• Use modelling techniques to quantify and determine solutions to business problems
• Gain real, in-depth experience applying quantitative knowledge to specific financial challenges

Training

The QMAP training curriculum is a multi-phase programme that complements and enhances the hands-on experience you will develop in your rotational assignments.

The goal of the training curriculum is to provide you with a broad introduction to core concepts and theories of quantitative modelling and risk management that you will encounter during your career at Bank of America Merrill Lynch, covering topics from the consumer, commercial and capital markets lines of businesses. 

Training concepts discussed include: quantitative credit analytics, interest rate hedging, fixed income and derivative valuation, and market risk and typically consists of an initial one week of classroom training in the US.

Qualifications

The Quantitative Management Analyst Programme is seeking a combination of academic aptitude and quantitative skills including:

• Masters, PhD or other advanced degree in quantitative disciplines such as Engineering, Mathematics, Statistics, Computer Science, Quantitative Finance, and Economics
• Strong A-Level grades and on track for a minimum 2:1 degree classification (or equivalent) in any degree discipline
• Demonstrates strong quantitative and analytical skills, ideally supported by a good understanding of global financial markets, products and tools
• Strategic and creative and critical thinking ability  
• Exceptional communication skills 
• Fluency in English is essential for all roles and a second language may be advantageous
• Team-working leadership and problem solving skills are key qualities along with the proven ability to work in a fast paced environment with a variety of people
• Communicates with Impact: Influences decisions and outcomes through effective communication
• Has a drive for operational excellence and a commitment to achieving sustainable results
• Demonstrates integrity and ethics by earning other’s trust and respect through consistent honesty and professionalism in all interactions

Our Commitment to Conduct and Environmental, social and governance (ESG)

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organization understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

For more information on our commitment to ESG, visit about.bankofamerica.com

Analyst Internship and Full time recruiting takes place on a rolling basis once applications open. Assessments often begin before the deadline, so it is best to submit your application early and not waiting until the deadline.

We are an equal opportunities employer, and ensure that no applicant is subject to less favorable treatment on the grounds of gender, gender identity, marital status, race, color, nationality, ethnic or national origins, age sexual orientation, socio-economic background, responsibilities for dependents, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

What if I need workplace adjustments?

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers. If you believe you may need a workplace adjustment in order to search for a job opening or completing an application including video interview, please contact us by emailing juniortalentemea@bofa.com. A response to your request may take up to two business days.

We offer a competitive Salary and Benefits package