About the role#
The Quantitative Strategies & Data Group Summer Associate Program offers an opportunity to apply quantitative skills within the Global Markets business. You will work at the intersection of quantitative finance, data science, and AI to solve market problems. You will partner with traders, sales teams, and technologists to deliver analytical solutions that support decision-making.
What you'll do#
- Develop and implement pricing, risk, and analytics models for derivative products and trading strategies.
- Conduct quantitative analysis of financial markets, market trends, and trading performance.
- Apply statistical, machine learning, and AI techniques to analyze large datasets.
- Research and design quantitative trading signals, systematic hedging strategies, and algorithmic trading solutions.
- Test and optimize quantitative models and computational methods to improve performance and scalability.
- Develop electronic trading and market-making algorithms for execution and liquidity provision.
- Build tools and automation solutions to enhance trading efficiency, risk management, and profitability.
- Use AI technologies and agentic workflows to accelerate research and support data-driven investment decisions.
What you'll need#
- Enrollment in a PhD or Master’s program at an accredited college or university in a quantitative field like Mathematics, Physics, Computer Science, or Engineering.
- Strong programming skills.
- Analytical, modelling, and problem-solving skills.
- Ability to work effectively in a trading environment, both independently and within cross-functional teams.
- Communication skills to explain complex quantitative concepts to technical and non-technical audiences.
- Experience with numerical methods, stochastic modelling, and computational finance techniques is preferred.
- Knowledge of financial markets, trading workflows, and derivative products is preferred.
- Understanding of derivatives modelling, option pricing theory, and risk management concepts is preferred.
- Experience applying machine learning, AI, or advanced statistical techniques to real-world problems is preferred.
Location & details#
- Location: New York, New York.
- Term: Summer 2027.
- Work Modality: On-site.
- This is a full-time, paid internship program.
About Bank of America
Bank of America is a public financial institution based in Charlotte, North Carolina. It provides banking, investing, and asset management services to individuals, small businesses, and large corporations. The firm maintains approximately 56 million consumer and small business relationships within the United States. Its operations cover financial and risk management, corporate banking, and trading.
How to get in at Bank of America
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