Associate/vice President, Global Rates Trader

Bank of America

New York, New York, USA
Base: $130,000.00 - $225,000.00 annualized salary;...
Manage risk across non-linear products
Monitor market dynamics and event risks
Execute transactions per trading strategies
The Desk works with Global Markets sales and structuring teams to issue equity, rates, currency, credit, and commodity linked structured notes, then the Desk is responsible for daily risk management of these liabilities

Job Summary

  • The Desk works with Global Markets sales and structuring teams to issue equity, rates, currency, credit, and commodity linked structured notes, then the Desk is responsible for daily risk management of these liabilities.
  • The role will focus on risk management strategies and hedge execution, but has related responsibilities including note pricing, daily P&L prediction and explanation, improving risk and P&L tools, and management reporting and queries.
  • 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.

Matching Summary

The Desk works with Global Markets sales and structuring teams to issue equity, rates, currency, credit, and commodity linked structured notes, then the Desk is responsible for daily risk management of these liabilities.

Salary

Base: $130,000.00 - $225,000.00 annualized salary; Bonus/Equity: Discretionary incentive eligible; Benefits: Benefits eligible

Skills & Requirements

Must-have

  • Manage risk across non-linear products
  • Monitor market dynamics and event risks
  • Execute transactions per trading strategies
  • Perform pricing of complex trades
  • End of day marking and P&L estimation
  • Monitor risk vs limits

Nice-to-have

  • Collaborate effectively in a team
  • Improve risk and P&L tools
  • Grow the business
  • Communicate and collaborate well

Key Requirements

  • 3-5+ years experience trading non-linear products
  • Bachelor’s degree or equivalent work experience
  • Direct trading or structuring experience in equities
  • Familiarity with quantitative tools

Work Rights

Not specified

Tailored Resume

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