Dir Equities Quant jobs at Bank Of America in United States, New York

Responsibilities:

• Advise business areas on firm policies and procedures, regulatory requirements and industry best practice.
• Identify regulatory trends and developments that impact business areas, and advise staff as to how this may impact their current activities.
• Maintain and Oversee the Firm’s Equity Trading activities
• Assist the business on implementing and documenting various supervisory/control mechanisms.
• Assist the business on drafting, updating, and implement relevant policies and procedures.
• Provideregulatory/compliancetraining.
• Participate in internal investigations, respond to regulatory inquiries, and coordinate internal and external audits and inspections.
• Interact with federal and state regulators
• Assist in the performance of testing and monitoring of compliance with firm policies for covered business areas
• Conduct compliance risk assessments to ensure effective business control framework
• Analyze new regulations and conduct business-based analysis and execute requite implementation.
• Develop and deliver proactive strategies and tactics that support compliance/business objectives

Position Requirements

• 7+ years of Compliance experience, including Securities Advisory experience. Knowledge of trading algorithms, alternative trading systems and market structure preferred
• Significant experience in providing legal, regulatory or compliance advice to Equity Sales & Trading Businesses
• Strong knowledge of applicable securities laws, rules and regulations with the ability to assess firm impact. Specifically, FINRA, SEC, Exchange Level SROs including NYSE, NASDAQ & CBOE.
• Excellent oral and written communication skills.
• Ability to make, support and defend difficult and complexregulatory/compliancedecisions in a fast-paced and high pressured environment.
• Ability to project confidence and professionalism in dealings with senior business personnel.
• Strong knowledge of technology infrastructure and global booking models
• Ability to work on multiple projects in a fast paced environment
• Ability to work effectively in a global environment; leveraging and sharing best practices and insights with colleagues globally;
• JD a plus

Depth & Scope:

• Works independently and is accountable for managing a specialized compliance area, business or function and leads a team of specialists
• Subject matter expert for a functional area
• Key contact for business management, regulators and external/internal auditors, dealing with non-routine information
• Focuses on short to mid- range planning (e.g. 6-12 months)
• Manages regulatory reviews including inquiries, audits, and exams

awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Job Description:

Preferred Qualifications

Strategic Leadership:

Define and execute the technology strategy for Product Control and Finance in alignment with enterprise objectives.

Lead modernization efforts including cloud migration, data strategy, and end-to-end automation of finance workflows.

Partner with Finance, Risk, Operations, and Business stakeholders to ensure technology solutions meet evolving regulatory and business requirements.

Product Control Technology Oversight:

Manage development and support of systems for P&L attribution, IPV (Independent Price Verification), valuation control, and risk-based financial analysis.

Drive initiatives for real-time data feeds, analytics, reconciliation engines, and controls for trading and valuation data.

Finance and Regulatory Technology:

Oversee platforms supporting general ledger (including subledger and daily postings), regulatory reporting (e.g., Basel, CCAR, FRTB), and financial close processes.

Ensure compliance with evolving global regulations and accounting standards (IFRS, GAAP).

Foster a culture of innovation, accountability, and technical excellence.

Governance and Risk Management:

Establish robust controls and governance practices across finance systems.

Manage operational risk, cybersecurity, data quality, and audit requirements in technology solutions.

Education & Experience:

15+ years of experience in financial services technology, with at least 5 years in a senior leadership role.

Proven experience managing technology for Product Control, Finance, or Regulatory Reporting functions.

Strong understanding of investment banking products, risk, and finance workflows.

Technical Skills:

Knowledge of financial product valuation, risk systems, and front-to-back trade lifecycle.

Familiarity with financial platforms such as SAP, Oracle, Murex, Calypso, or proprietary P&L engines.

Experience with cloud platforms (Azure, GCP), big data frameworks, and real-time analytics is a strong plus.

Leadership & Soft Skills:

Visionary leadership with a track record of executing large-scale technology transformations.

Strong communication and stakeholder engagement skills.

Strategic thinker with the ability to execute under pressure and deliver results.

MBA, CPA, CFA, or similar qualification in addition totechnical/engineeringbackground.

Experience with agile delivery models and DevOps culture.

Familiarity with current and emerging financial regulations (e.g., BCBS239, FRTB, Dodd-Frank).

awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Job Description:

Job Description:

• Support daily oversight of CIO-managed model portfolios, ensuring portfolios remain aligned with stated investment objectives and firm guidelines
• Develop and maintain tools, dashboards, and analytical frameworks to monitor portfolio exposures, performance, and risk metrics
• Collaborate with portfolio managers, analysts, and internal business partners to deliver high-quality insights and reports that support timely decision-making
• Identify opportunities to improve operational efficiency and implement process enhancements across portfolio oversight workflows
• Perform data analysis and develop code in R, Python, SQL, or Excel to support both Shiny applications and management reporting, leveraging modern development practices such as version control, unit testing, and CI/CD pipelines to ensure code quality and efficient deployment
• Leverage FactSet to manage model portfolios, analyze performance and risk with PA and SPAR, and build data pipelines via Portfolio Batcher and APIs
• Troubleshoot and resolve issues related to data quality, system integrations, or portfolio analytics
• Assist in preparing materials for senior leadership, articulating complex information in a clear and concise manner
• Contribute to risk management efforts by proactively identifying, escalating, and mitigating potential issues
• Participate in ad hoc projects and initiatives supporting the evolving needs of the Chief Investment Office

• Degree from a competitive university in a quantitative field. Series 7 & 66 or ability to obtain within 120 days.
• Proven ability to think on your feet, adapt quickly to change, and take initiative
• Strong problem-solving skills and a passion for learning and acquiring new knowledge
• Excellent communication skills, both written and verbal, with the ability to articulate thoughts and complex ideas clearly, concisely, and simply
• Collaborative team player who embraces challenges and takes responsibility seriously
• Ability to multitask and work independently with minimal supervision
• Proficiency in coding with R, Python, or SQL; strong Excel data skills (such as Power Query) or Excel VBA experience are also valued

Desired Skills:

• 8+ years of relative financial experience
• Demonstrates strong risk awareness and proactively escalates concerns to maintain robust portfolio oversight
• Embraces continuous learning, shows intellectual curiosity, and adapts quickly in a dynamic environment
• Communicates clearly and tactfully, adjusting style to connect effectively with diverse stakeholders, including senior leaders
• Collaborates seamlessly across teams, building partnerships and contributing to shared goals
• Takes initiative and drives operational excellence by delivering timely, innovative solutions
• Possesses business acumen and understands asset allocation, portfolio construction, and manager selection, and how these contribute to portfolio performance

Bachelor’s degree in related field or equivalent work experience

This job is responsible for building and leading a team to deliver technology products and services that meet business outcomes. Key responsibilities include developing a technology strategy, ensuring technology solutions comply with applicable standards, promoting design, engineering, and organizational practices, and advocating and advancing modern, Agile solution delivery practices. Job expectations may include coaching, mentoring, providing feedback and hands on career development, identifying emerging talent, fostering leadership skills, and managing stakeholders.

Responsibilities:

• Builds and manages teams by performing financial activities to inform workforce strategy and hiring practices, setting and tracking maturity and quality objectives, and training employees/teams to address feedback and achieve quality and performance objectives
• Facilitates performance and career development of employees/teams through performance reviews, coaching, and creating development plans that are needed to build competencies and skills
• Manages solution delivery and application performance in production (app health, resiliency, performance, security, enterprise data management standards, audit exams and reviews), ensuring all relevant risk, financial, and compliance policies are met
• Manages relationships with business and technology partners and leads and creates followership in Communities of Practice in the organization
• Contributes to the technology strategy for their technical domain
• Creates an inclusive and healthy working environment and helps to resolve organizational impediments/blockers
• Ensures that execution is aligned with product strategy by working with product management and other stakeholders
• Driving the Equities Cash Technology Algo Trading platform strategy, with the goal of expanding the platform to enable new products, smarter algorithms and enable faster time to market for new trading use cases
• Participating in the technical design and development of the Algo Trading platform, a set of highly performant Java components creating improved execution capabilities for internal and external clients
• Demonstrate technical leadership by building technical solutions which deliver business value, which can continue to grow with the needs of the business over the next 3-5 years
• Liaising with the Equity LOB to drive a cohesive strategy supporting multiple workflows across lines of business
• Working with peers across Global Markets to deliver solutions
• Analyzing business requirements, forming an architectural design, overseeing cross team development and testing, and managing production issues
• Collaborating closely with our Site Reliability Engineering group to achieve industry leading reliability and scalability
• Developing roadmaps for continuous platform improvement

This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
• Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
• Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
• People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

Required Qualifications

• Extensive experience in Java development on Linux
• Direct exposure to building Electronic Trading applications
• Automation first mindset across the software development lifecycle, particularly around shift-left testing
• Ability to architect resilient, instrumented, distributed systems achieving world class reliability
• Familiarity with Agile software development and associated best practices
• Enthusiastic, strong-minded person able to work closely with project teams in a multi-faceted role and help instill a responsible and professional culture
• Strong communication skills with technical and non-technical partners

Desired Qualifications

• Deep knowledge of financial asset classes (particularly Equities) and algorithmic trading of these products
• Working knowledge in architecting applications for Cloud and/or Containerized Environments
• Knowledge of C++ is a plus

Skills:

• Influence
• Risk Management
• Solution Design
• Stakeholder Management
• Technical Strategy Development
• Analytical Thinking
• Application Development
• Collaboration
• Result Orientation
• Solution Delivery Process
• Agile Practices
• Architecture
• Automation
• Data Management
• DevOps Practices

Minimum Education Requirements - Bachelor Degree or Equivalent Professional Experience

This job is responsible for conducting quantitative analytics and modeling projects for specific business units or risk types. Key responsibilities include developing new models, analytic processes, or systems approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations include having a broad knowledge of financial markets and products.

Responsibilities:

• Performs end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers
• Supports the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization
• Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation
• Supports model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite
• Supports the methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk
• Works closely with model stakeholders and senior management with regard to communication of submission and validation outcomes
• Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches

Candidate Requirements:

• Quantitative capabilities and background inMathematics/Physics/ComputerScience/Engineering (up to MSc/PhD level) is preferred
• Strong programming and technical skills. Proficiency of at least one programming language required, with experience in C/C++ preferred.
• Excellent verbal and written communication skills, as well as the ability to explain complex ideas in a simple and accessible manner.
• Curiosity to research different methodologies and explore new territories.
• Ability to multitask and work under pressure. Ability to work with different people and groups.

Skills:

• Critical Thinking
• Quantitative Development
• Risk Analytics
• Risk Modeling
• Technical Documentation
• Adaptability
• Collaboration
• Problem Solving
• Risk Management
• Test Engineering

Preferred but not required skills:

• Experience with SIMD for implementing fast numerical calculations (AVX, GPU).
• Experience compiling Domain Specific Languages, or of working with the LLVM compiler.
• Knowledge and interests in finance. Experience working with different financial products and derivatives modeling preferred.
• Experience with financial Numerical Methods such as PDE, Monte Carlo, Algorithmic Differentiation.
• Experience building frameworks and libraries for use by mathematicians and/or engineers.

Master’s degree in related field or equivalent work experience

This job is responsible for conducting quantitative analytics and modeling projects for specific business units or risk types. Key responsibilities include developing new models, analytic processes, or systems approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations include having a broad knowledge of financial markets and products.

Responsibilities:

• Performs end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers
• Supports the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization
• Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation
• Supports model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite
• Supports the methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk
• Works closely with model stakeholders and senior management with regard to communication of submission and validation outcomes
• Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches

Skills:

• Critical Thinking
• Quantitative Development
• Risk Analytics
• Risk Modeling
• Technical Documentation
• Adaptability
• Collaboration
• Problem Solving
• Risk Management
• Test Engineering
• Data Modeling
• Data and Trend Analysis
• Process Performance Measurement
• Research
• Written Communications

Master’s degree in related field or equivalent work experience

This job is responsible for conducting quantitative analytics and complex modeling projects for specific business units or risk types. Key responsibilities include leading the development of new models, analytic processes, or system approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations may include the ability to influence strategic direction, as well as develop tactical plans.

Responsibilities:

• Performs end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers
• Leads the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization
• Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation
• Maintains and provides oversight of model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite
• Leads and provides methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk
• Works closely with model stakeholders and senior management with regard to communication of submission and validation outcomes
• Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches

Skills:

• Critical Thinking
• Quantitative Development
• Risk Analytics
• Risk Modeling
• Technical Documentation
• Adaptability
• Collaboration
• Problem Solving
• Risk Management
• Test Engineering
• Data Modeling
• Data and Trend Analysis
• Process Performance Measurement
• Research
• Written Communications

Master’s degree in related field or equivalent work experience