Global Quantitative Strategies| Off Cycle Programme

Bank of America - London, ON (9 months ago)

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Quant Off-Cycle Intern


Job Description & Program Overview

This Off-Cycle internship offers a 6 month placement in a quantitative role within Bank of America. In your role you will contribute directly to the firm by helping us serve our clients and manage risk. You will be working within one of our trading businesses on active projects in the fast paced environment of the trading floor. Placements will be made within our business integrated teams based on their needs and the interests/skills of the candidate.

Our off-cycle internship program is designed to offer you an insight into working in an exciting and fast paced trading environment, and allow you to gain experience of the vital role quantitative skills play within the bank. Your training and development is our top priority with on the job support, educational speaker events and mentorship throughout.

As an Off-Cycle Intern, your key tasks and responsibilities may include but are not limited to:

Creating pricing and valuation models to understand and manage the risks of complex derivative products.
Applying advanced statistical and data science techniques to analyze market dynamics and client behavior.
Developing models and strategies that the business use to make trading decisions.
Studying, implementing and improving electronic trading algorithms.
Building tools to improve the efficiency and profitability of the trading business.
Analyzing and managing the risks of the array of financial instruments the firm manages.


Quantitative skills with Masters/PhD in a quantitative subject (Mathematics, Statistics, Physics, Econometrics, Engineering, Computer Science, Quantitative Finance) with a graduation timeframe between 2018 and 2020
On track for a minimum 2:1 degree classification (or equivalent)
Programming experience (preferably in an object oriented language such as Python, C++, C# or Java)
Understanding and expertise in relevant technical areas which could include: statistical/data analysis, probability theory, numerical analysis, optimization techniques, machine learning, high performance numerical computing, compilers and programming languages, Monte Carlo simulation.
Great communication skills with an ability to convey complex ideas clearly to a diverse audience in both spoken and written form. Fluency in English is essential.
A desire and ability to collaborate across large and diverse teams, putting results ahead of individual recognition.
You'll need to demonstrate drive, innovation and a genuine interest in the financial markets

Our Commitment to Conduct and Environmental, social and governance (ESG)

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organization understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

For more information on our commitment to ESG, visit

Analyst Internship and Full time recruiting takes place on a rolling basis once applications open. Assessments often begin before the deadline, so it is best to submit your application early and not waiting until the deadline.

We are an equal opportunities employer, and ensure that no applicant is subject to less favorable treatment on the grounds of gender, gender identity, marital status, race, color, nationality, ethnic or national origins, age sexual orientation, socio-economic background, responsibilities for dependents, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

What if I need workplace adjustments?

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers. If you believe you may need a workplace adjustment in order to search for a job opening or completing an application including video interview, please contact us by emailing A response to your request may take up to two business days.

We offer a competitive Salary and Benefits package

Application Deadline

March 31 2020