Global Quantitative Strategies Summer Associate - 2026 - Hong Kong
Why Us?
The Quantitative Strategies Group (QSG) is responsible for the models and analytics used in the Sales and Trading divisions within Global Markets. The group designs, builds and maintains industrial strength tools for analyzing, pricing and risk managing financial products across all asset classes traded by Bank of America. The group works closely with trading, structuring, risk management and technology to provide analytics which can quickly and accurately quantify the firm’s risks. This involves developing models and algorithms able to accurately calculate the value and risk of the financial products we offer our clients.
What you’ll do:
- Build quantitative models for pricing and risk management
- Work closely with technology to implement and maintain models and algorithms
- Apply new technologies to solve business problems more efficiently
- Work closely with trading, sales and technology to optimize client experience, trading revenues, and trading volumes
- Drive new initiatives and products in the electronic trading space.
Placement within QSG is determined after the hiring process depending on the business needs and the interests/skills of candidate. The various teams within Equity and FICC QSG include:
- Flow Derivatives Strats
- Exotic Derivatives Strats
- Electronic & Algorithmic Trading Strats
- Index Financing Strats
- Delta One Strats
- Rates Strats
- eFX Strats
Possible Responsibilities (vary with placement):
- Development of new products/models
- Risk/PL analysis
- Development of quantitative tools
- Investigation of hedging strategies and hedging cost
- Electronic trading analysis (e.g. portfolio optimization, market microstructure, transaction costs)