Bank Of America Quantitative Execution Consultant 

United States, New York, New York 

991255906

Job Description:

Responsibilities:

• Transaction cost analysis of client trading flow, and advising clients of how they can optimize their usage of BofA’s execution platform.
• Internal research of BofA’s algorithmic platform, including parent order parameters and order routing analysis.
• Changes to either client specific algorithmic customizations, or plant wide algorithm and routing enhancements.
• Client facing content on relevant research performed by the group, which can span from 1-2 page notes to more in depth papers.
• Insightful data requests for internal sales/traders and external clients.
• Thoughtful data-driven analysis on market microstructure and regulatory trends.
• Quantifying algorithm improvements via trials, simulation, and signal evaluation.

Requirements:

• Bachelors degree+ in a quantitative field: math, statistics, computer science, engineering or equivalent work experience.
• 3-5 years experience performing transaction cost analysis and related equity microstructure research.
• Familiarity with agency algorithmic trading strategies and order routing/venue analysis.
• Strong programming experience in KDB+/Q, R, and SQL, familiarity with UNIX OS.
• Proven ability to work with large datasets.
• Comfort interfacing with external clients on analysis and research content, with the ability to explain difficult concepts in a clear fashion.
• Strong writing and client presentation skills.

1st shift (United States of America)