Bank of america quantitative analyst reddit GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. at a PM level interpersonal skills are paramount. Free interview details posted anonymously by Bank of America interview candidates. you At Bank of America, qualified candidates are considered for employment without regard to race, gender, gender identity, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, citizenship, marital status, ancestry or any other classification protected by federal, state or local law. . I've seen many ex-quants move to Facebook, Google, Amazon, and similar places. Learn about Bank of America culture, salaries, benefits, work-life balance, management, job security, and more. It’s something I’m really interested in the future, but I can’t find any salary for those roles. Bank of America - Advisor Development Summer Analyst Program or PNC - 2020 Summer Asset Management Group Summer Analyst Program - Wealth Management I'm stuck between these two offers. However, I also did a little googling and searching on Reddit and it looks like people haven't had a great experience interning at BoA. Both salaries are pretty similar. So for 4th year probs around 140 -150k. Bank of America Merrill Lynch has an opportunity for a Quantitative Finance Analyst within our Global Risk Analytics (GRA) function. Apr 10, 2025 · The estimated total pay range for a Global Quantitative Analytics Summer Analyst at Bank of America is $105K–$162K per year, which includes base salary and additional pay. Bank of America Global Markets Quantitative Strategies Summer Associate Program - 2021. Tried to lateral into a bank as an analyst after my first busy season as as senior associate. Mar 7, 2025 · Apply for the Sr. most top jobs are intense and stressful (doctor/lawyer/banker etc), tech being a big exception. Hey all! I'm a first time poster here and wondering if you guys have any insight to how quickly Bank of America sends out offers for their internships (in my case, specifically the Global Quantitative Analytics Internship) after the respective superdays. Make $145k/yr with a 20% bonus target and sundry annual long-term cash incentives totaling 5-10k/yr, paid over 3 years. Quantitative Finance w/~6 yoe working for a super-regional. I’m considering the new grad 2024 global quant analyst program at Bank of America - I had some questions for anyone that’s in it currently and is willing to share: For those working in ATL or Charlotte, is the position hybrid, remote, or fully in office? All about studying and students of computer science. We would like to show you a description here but the site won’t allow us. Add your thoughts and get the conversation going. Seconded. The average additional pay is $20K per year, which could include cash bonus, stock, commission, profit sharing or Thank you for your interest in Bank of America. Systematically banks are generally considered banks above 750 billion assets under management and are subject to highest standards for regulatory stress testing exercise and generally have higher salaries. I've got a solid internship as a quant analyst (and my only internship so far) in a large bank. Interview experience. I know both are great opportunities but I want to get some opinions about which is the better option. 2. The average Quantitative Analyst base salary at Bank of America is $138K per year. Feb 21, 2025 · 198 Bank of America Summer Analyst interview questions and 180 interview reviews. Also, as a quant, I am duty-bound to remind you of a strong selective reporting bias among people disclosing their incomes. By 3rd Year should be Associate usually and at this bank in question it’s circa 90-100 base and still 1/3 ish bonus , so 120-133 total. Im interning as a swe at Morgan Stanley in Montreal. 5-7 years ago those exotics were massively popular because the market conditions were giving great returns on low premiums. However you also require an affinity for corporate finance, economics, the stock market/markets, qualitative analysis/writing, etc. Afterwards I've got one more year to study. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day. People can just buy call spreads and get significantly better returns for a little more premium. So, I have a couple of questions: Hi guys, Does anyone have experience being apart of Bank of America’s global technology summer analyst program? I received an offer and I’m debating on taking it. This salary trends is based on salaries posted anonymously by Bank of America employees. the role is big on sales not much financial planning. QMAP is a decent gig if you don't have any other FO options. if multiple tags per entry was as readable I'd have done that. Mar 13, 2025 · At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Updated Sep 28, 2024. This basically covet the top 10 banks, which the top banks would be JP Morgan, Bank of America, Citi and Wells Fago, each of the banks aum. focus on getting to know the client first to determine what products they would be interested in. Even as a researcher which by the way is a made up title because QIS doesn't really do research. Here is a list of quant firms that I directly copied from the non-compete from my offer with my firm included. Jan 5, 2021 · Investment banking analyst (95) Internship (88) Business analyst (85) Technology analyst (84) Software developer (74) Senior software engineer (70) Financial analyst (70) Vice president (67) Client service representative (65) Quantitative analyst (62) Financial solutions advisor (61) Operations analyst (52) Banking center manager (50) Credit Sep 28, 2024 · Bank of America Quantitative Finance Analyst interview questions. two offers to choose from/ I got AVP title at a regional bank and analyst/senior analyst title I think at the larger bank. Please login to the Application Center to begin your video interview and complete it no later than 3 days from the date of Reviews from Bank of America employees about working as a Quantitative Analyst at Bank of America. Being familiar with BBG was also helpful. View I work a lot with exotics like cliquets and Asians. "thrives in fast paced environment" in job ads is not a joke, if you don't enjoy intensity I'd recommend tech over quant finance. Basically title. Thinking about potentially going for a phd after this too, which would mean I'd have to go for internships. Mar 10, 2018 · "Congratulations! After reviewing your application, we are pleased to invite you to submit a first round on demand video interview for the Bank of America Global Investment Banking Summer Analyst Program - 2018. Quant Analyst in Model Val, 14 years experience mixed between QD, QA, in FO-adjacent role. GRA is a sub-line of business within Global Risk Management Apr 18, 2025 · The estimated total pay range for a Quantitative Analyst at Bank of America is $132K–$189K per year, which includes base salary and additional pay. I had the superday interviews for this internship a little less than week and a half ago and Furthermore, I know for a fact Bank of America increased the starting salary from 72k—>115k over the course of the pandemic to now for a lot of the data analyst roles on contracts due to certain initiatives needing a lot of hands. Quantitative Finance Analyst - AML Model Validation position (Job ID: 25009137), with openings in multiple locations, at Bank of America. like SIG, DRW, etc. Like my team went from 5 people to over 80 within a year. The average Global Quantitative Analytics Summer Analyst base salary at Bank of America is $121K per year. It's a program where you rotate in risk or model val (or I fear also compliance lately: they moved all the QMAPs in compliance a few weeks ago). The email says Congratulations! After reviewing your application, we are pleased to invite you to submit a first round on demand video interview for the Bank of America Global Technology Summer Analyst Program - 2024. But brand name is different, so is title. Quantitative Financial Analyst at Bank of America · Experience: Bank of America · Education: University of Michigan · Location: United States · 500+ connections on LinkedIn. Please login to the Application Center to begin your video interview and complete it no later than September 18, 2017. 25-40 hrs a week (2-4 days in office), flexible re: family Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice We would like to show you a description here but the site won’t allow us. Can anyone share their experience? What type of questions can one expect? Jun 27, 2023 · I'm an AI bot trained on the most helpful WSO content across 17+ years. Are they paid more than technology analysts? And would anyone have numbers for a quant at MS in Canada? there are enough if you know who to listen to. Crypto 6 days ago · Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. What kinds of questions can I expect to be on the online test for "Quantitative Analytics Associate Graduate Program 2024" at… Director; Sr. I just got invited for a first round on demand video interview for the BoA Quant summer analyst program. London, Large European Bank ~£175k salary (after increase), last year 30% bonus (before increase) but not looking so hot this year. Take what you read with a grain of salt. people work as quants for decades. This is information I should have included originally. The offer is great, it’s in New York and pays $43 an hour (hopefully that a good intern wage in NY idk), but I haven’t really heard much about what the interns work on, the Model Validation Quantitative Analyst: Also known as a middle office quantitative analyst, or back office quantitative analyst Found in investment banks, and commercial/retail banks Requires a BSc, usually a BSc (Hons), MSc and PhDs are preferable Annual Total Compensation: $70,000-80,000 (start), $150,000-200,000 (experienced) I got a summer internship offer from BoA for their "Summer Analyst" position. They are told what to implement effectively and so the "strategy" is open source and everyone knows what it is - client knows it, bank knows it, market knows it. 6 /5 difficulty. They generally don’t do well during the kind of market conditions that we’re seeing. I'd say Prop Trading vs Market-making is a somewhat useful axis (tho most players do both), and Options shop vs Delta-1 shop is also not a bad distinction (and here they actually are kinda separated afaik, ex CitSec as you correctly point out) Sep 5, 2024 · Job Description: Alternative Risk Premia Quantitative Intern QRI Quantitative Research The QRI Quantitative Research group provides research and analysis to portfolio managers and other investment professionals in support of our broad range of multi-asset investment solutions. Other bank do pay more. Quant (Model Review) at US Bank London : 1st YR- Base :65K , signing 28k , bonus - approx 20k Bonus seems to be roughly 1/3 most years. Two internships - CRE analyst at an advisory firm and derivatives valuation analyst at a consulting firm. This research is 10 votes, 86 comments. 76% View community ranking In the Top 1% of largest communities on Reddit. Dell VS Bank of America Intern Offer Bank of America Quantitative Analyst - Pay: $36 an Apr 14, 2025 · Average Bank of America Quantitative Analyst yearly pay in the United States is approximately $123,855, which meets the national average. ? If so, for how long would I need to work at one of the banks described as a quant analyst, and which role would I need to apply to at the hedge funds/prop shops? Quantitative Finance w/~6 yoe working for a super-regional. The financial aspects of the offer are fantastic. We look forward to reviewing your application for the Global Technology Summer Analyst Program - 2025 and will let you know if additional information is needed. Hey, does anyone have an idea of what is the TC for the Global Quant Analyst at Bank of America at the New Grad level? Skills wise, any HY bond or equity analyst requires very strong financial statements analysis skills, so yes accounting experience/knowledge would help. 509 votes, 79 comments. This question seeks to understand your problem-solving abilities, your creativity in developing solutions, and your capacity to influence change. Is this jump possible from a quant analyst role at a bank like Goldman Sachs, JP Morgan, BofA to a hedge fund/prop shop. There are also many startups that recruit ex-quants though don't tend to offer the same magnitude of compensation packages as FAANG. I use concepts from my econ and finance/investments classes every day. we roled played an interaction between advisor and client. Business, Economics, and Finance. Feb 24, 2025 · 64 Bank of America Quantitative Analyst interview questions and 61 interview reviews. I was wondering if anyone had information about how the application process for this role goes? Has anyone interviewed for Global Quantitative Analytics Summer Analyst at Bank of America before? What should I expect or prepare for this… Has anyone heard back yet after completing hirevues for this role? Nobody's responded to this post yet. Salary information comes from 183 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Quant -> tech is starting to become a popular transition. Sep 23, 2023 · An analyst, especially in a company as large as Bank of America, needs to be able to identify inefficiencies and propose improvements. Feel free to see if any of them is missing and add them to your list. I know one particular large German bank and I personally wouldn't go near their QIS team. Interviews at Bank of America. Didn't get the offer and took the GMAT instead and went to a business school (T20, but generally ranked in the 15-20ish range). the main focus was on how do you interact with the clients who will come into the branch. Apr 22, 2025 · the hiring manager provided a series of rapid fire questions about behavioral situations. true. They are currently hiring quantitative analysts and quantitative strategists. Knowing how to automate things with VBA/Python is extremely valuable. Oct 21, 2024 · 56 Bank of America Credit Analyst interview questions and 51 interview reviews. Join us! Overview of Global Risk Analytics. Average monthly pay for Bank of America Quantitative Analyst Intern: $8,874. So what’s best for my career if I already have 2-3 years of working experience as an analyst already. apfxa wwjkb kbiz kyjg jkgtx zlpoz gyej xbhl clxe swv oedthyg tpmoy kenkfs ztesf yic