Carnegie Mellon University

Lily Li

Lily Li

Associate - Strats & Modeling – Bank of America

What is your educational / professional background and how did you become interested in quant finance?

I studied math and economics in college and worked in consulting for two years after graduation. I've always been interested in the financial markets and after two years in consulting I found that I wanted to do something more quantitative with more model building.

Describe your current role and the most fulfilling aspects of your job.

I am a front office quant at Bank of America in the cross-asset desk under Global Markets. I help traders with various daily requests, including extracting and backfilling data, back testing trading strategies and generating automated trading reports. I like the fact that I get to work with a variety of asset classes.

What are the top skills required for success in your role/job?

Programming- the ability to write efficient code is the top skill. Secondly is communication, as we talk to traders on a daily basis.

How did the MSCF program prepare you for your career?

All the classes at MSCF gave me a good foundation and understanding of quant finance. The four interdisciplinary colleges were equally important in preparing me for my career.

What advice would you give to someone considering the MSCF program?

It is definitely worth investing in the MSCF program. It will help you to get to the next level in your career. All the classes and professors are top-notch!