Analyst/Associate – Global Convertible Bonds Strategist

Job Description:

The Global Convertible Bonds Strategy group sits within BofA Global Research’s broader Global Equity Derivatives Strategy team and is responsible for developing strategies, assessing market trends, and servicing the needs of institutional convertible bond investors and arbitrageurs across the globe. The global convertibles market has rapidly expanded in the age of AI and has undergone significant shifts, including the growth of hedged strategies and a greater focus on volatility.

The team is seeking someone with a strong quantitative background to help produce trading and hedging strategies, develop valuation models, manage complex datasets, and communicate ideas to clients both written and verbally. The ideal candidate will have a strong academic background (preferably in quantitative areas of study), at least 2 years of relevant industry experience, and proficiency in programming. The candidate will work directly with the senior convertibles analyst and broader equity derivatives team in all aspects from idea generation to investor meetings.

Responsibilities:

  • Use quantitative and data-driven analysis to develop trading strategies and thematic investment research focused on the global convertible bond market for both outright money managers and hedge funds
  • Perform quantitative financial modeling and valuation, with a focus on equity options and credit
  • Closely follow global convertible bond market developments, trends, and themes
  • Help formulate and write regular research reports on the global convertible bonds market
  • Develop and maintain large datasets with multiple types of data, including equity and credit pricing, company fundamentals, volatility, option greeks, and fund flows
  • Engage regularly with partners across the broader sales, trading, research, and banking teams
  • Present client-facing work externally in investors meetings, conference panels, and industry events

Qualifications:

  • Bachelor’s degree in quantitative finance, financial engineering, or mathematics or equivalent years of experience
  • 2-4 years of experience in convertible bonds or equity derivatives research, sales, trading, banking, or portfolio management
  • Advanced proficiency in quantitative analysis, statistics (for instance, time series methods), and data science, and experience working with complex datasets
  • Strong programming skills, preferably in Python, VBA, and Excel
  • Ability to employ AI and machine learning models into workflows
  • Strong communication skills, both written and verbal
  • Fluency in English
  • Attention to detail, ability to multi-task, and able to function in a collaborative team environment

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$70,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
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