Banc of America Securities is looking to hire two quants to cover the global credit derivatives market from both New York and London, according to Leif Andersen, managing director in the firm's quantitative research department. Andersen, who was hired two weeks ago to fill a newly created position in New York covering global credit derivatives, (DW, 4/22), said the new hires would assist him in his research of the burgeoning credit market.
Andersen said it's likely BofA would put one of the quants in New York and the other in London, adding the new hires would be brought on board within the next two months. Both will report to Andersen, who joined fron Gen Re Securities in New York where he was as a senior quant in the firm's research department.
