AI Specialist - Equity Derivatives London, United Kingdom To proceed with your application, you must be at least 18 years of age. Acknowledge 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/AI-SpecialistEquity-Derivatives\_26003495-1) 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: We are seeking an exceptional Quantitative Researcher to help expand our use of advanced machine learning across the platform. This role offers the opportunity to apply cutting-edge AI expertise to complex and intellectually challenging financial problems within a high-performing front-office environment. You will contribute to innovative initiatives such as integrating LLMs into RFQ workflows, enhancing volatility-surface modelling with autoencoders, predicting option flow with transformer architectures, and improving hybrid AI-quant calibration techniques. This is a chance to shape the next generation of quantitative tooling and directly influence trading, risk, and client outcomes across the business. The Team: The Equity Derivatives Quant team is a global, front-office group with hubs in London, Paris, Hong Kong, and New York, working directly with trading, structuring, risk management, and technology to drive responsible growth across the business. You will be joining a dynamic and fast-growing team that plays a central role in delivering innovative quant solutions to support our global equity derivatives franchise. Our commitment to excellence has been recognised externally, with Bank of America awarded _IFR Equity Derivatives House of the Year_ in 2025 and _Risk.net Equity Derivatives House of the Year_ in 2024. This is an opportunity to contribute to a high-performing team operating at the forefront of the industry. Responsibilities: Develop and implement advanced machine-learning models to enhance pricing, calibration, and risk workflows across equity derivatives. Integrate LLMs into front-office processes, including RFQ handling and automated trade-entry validation against term sheets. Design hybrid AI-quant approaches where ML techniques accelerate or approximate calibration later refined by classical methods. Ensure model integrity, documentation, and control standards in alignment with internal governance and regulatory requirements. Support continuous enhancement of the platform, working with technology teams to industrialise and scale ML-driven solutions. What We're Looking For: Strong programming expertise in Python for research prototyping and production implementation. Practical knowledge of large language models (LLMs) and their application to financial or technical workflows. Experience building and training models for sequence modelling and prediction tasks. Proficiency with PyTorch for developing, training, and deploying deep-learning models. Familiarity with LangChain, Retrieval-Augmented Generation (RAG) workflows, and integrating LLMs with structured data sources. Ability to collaborate with other teams to deliver robust, production-ready solutions in a fast paced environment. Skills: An understanding of derivatives theory, financial mathematics, and options pricing models. Hands-on experience with denoising autoencoders, vector-quantized autoencoders (VQ-VAEs), and related representation-learning techniques. C++ experience not required but helpful 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.