Posted: 18 June
The role
E-Trading Quant London, United Kingdom To proceed with your application, you must be at least 18 years of age. Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-emea/job/London/E-Trading-Quant\_26020518-1) Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-emea/job/London/E-Trading-Quant\_26020518-1) Refer a friend To proceed with your application, you must be at least 18 years of age. Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-emea/job/London/E-Trading-Quant\_26020518-1) Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-emea/job/London/E-Trading-Quant\_26020518-1) 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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: You will be responsible for the development, implementation, and optimisation of systematic trading and pricing models across precious metals markets. The role requires a strong understanding of the dynamics between futures and spot markets, with a particular focus on basis risk, arbitrage relationships, and Exchange for Physicals (EFPs). Working closely with trading and technology teams, you will play a key role in bringing models from research into production, ensuring robustness, scalability, and performance in live trading environments. Responsibilities: Develop and enhance quantitative models for pricing and systematic trading across precious metals products Analyse the relationship between futures and spot markets, including basis dynamics, liquidity considerations, and EFP mechanisms Design and implement strategies that capture inefficiencies and optimise execution across electronic markets Work with large datasets to perform rigorous statistical analysis, signal generation, and backtesting Partner closely with traders to translate market insights into quantitative strategies Collaborate with technology teams to deploy models into production systems, ensuring low-latency and high-performance execution Continuously monitor, evaluate, and improve model performance in live trading environments Contribute to the ongoing development of the team's quantitative research framework and infrastructure Skills: Strong academic background in a quantitative discipline (e.g. Mathematics, Physics, Engineering, Computer Science, or similar) Proven experience developing quantitative models within trading, pricing, or market-making environments Deep understanding of futures vs. spot market dynamics, including basis risk and arbitrage relationships Experience working with large, complex datasets and applying advanced statistical and modelling techniques Strong programming skills in Python (essential), including data analysis and numerical libraries Experience with KDB/q and/or Java is highly desirable Solid understanding of systematic trading, electronic markets, and market microstructure Experience taking models from research through to production deployment 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, 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. View your "Know your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) " poster. 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. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work. 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.
