Director, Senior Trader

Bank of America

New York, NY, US
Base: $300,000.00 annualized; bonus: discretionary...
Fully remote
Understanding risk sensitivities of structured notes
Valuation models for structured notes
Developing tools to monitor intraday risk
The role involves executing transactions and managing risk for structured notes in alignment with established strategies

Job Summary

  • The role involves executing transactions and managing risk for structured notes in alignment with established strategies.
  • Candidates will be responsible for end-of-day marking, profit/loss estimation, and coordinating risk management handoffs.
  • Bank of America offers industry-leading benefits, paid time off, and opportunities for professional growth within an inclusive culture.

Matching Summary

The role involves executing transactions and managing risk for structured notes in alignment with established strategies.

Salary

Base: $300,000.00 annualized; Bonus: Discretionary incentive eligible; Benefits: Industry-leading benefits and paid time off

Skills & Requirements

Must-have

  • Understanding risk sensitivities of structured notes
  • Valuation models for structured notes
  • Developing tools to monitor intraday risk
  • Executing hedging trades using liquid instruments
  • Reviewing and updating parameter marks for valuation

Nice-to-have

  • Strong communication with internal stakeholders
  • Experience in cross-gamma analysis
  • Ability to explain P/L variations
  • Proactive engagement with risk partners

Key Requirements

  • Master's degree in Finance, Economics, or related field
  • 4 years of experience in finance occupation
  • 4 years of specific experience in structured note risk and modeling

Work Rights

Not specified

Tailored Resume

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