Bank of America Corporation

Associate - Trading

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Mathematics or related field.
  • 2 years of experience in finance or related occupation.
  • Experience in breaking down business problems for financial assessments.
  • Proficient in Excel for regression analysis linking macro indicators to market movements.
  • Skilled in Tableau and Alteryx for data presentation and reporting.
  • Ability to communicate complex analyses clearly to stakeholders.

Responsibilities

  • Conduct market making for interest rate products in Latin American currencies (excluding Brazil).
  • Manage and mitigate risks associated with market making under established policies.
  • Develop client relationships by delivering timely price quotes and market insights.
  • Stay informed about macroeconomic and political events to anticipate market changes.
  • Ensure accurate booking of transactions and maintain operational efficiency.

Benefits

  • Industry-leading benefits package available.
  • Access to paid time off.
  • Support resources for employee well-being.
  • Opportunity to impact business growth and community development.
Full Job Description
Job Description:

Responsibilities
  • Market making for intertest rates products including local currency government bonds, interest rate swaps, inflation swap and cross currency swaps in Latin American currencies in Latin American countries (except Brazil) in compliance of Bank of Americas policies, which requires developing the clients' needs, knowing the market, and being proactive.
  • Actively handle the risk arising from market making activities, within the framework established by market risk management policies, including risk limits, tenor limits and credit approvals.
  • Actively help develop the franchise by providing good and timely price quotes, but also provide consistent market color to clients and have meetings or phone conversations as needed, in order to establish key partnerships with sales people.
  • Maintain a deep understanding of macroeconomic and political events in both the covered countries and major economies, which allows anticipation of market moves and is key to assess marketing risk.
  • Handle operational risk, including booking all transactions in a timely manner, learning to use the pricing systems and having an accurate tracking of where market prices are at all times.


Required Skills & Experience
  • Bachelor's degree or equivalent in Finance, Economics, Mathematics or related: and
  • 2 years of experience in the job offered or a related Finance occupation.
  • Must include 2 years of experience in each of the following:
  • Breaking down ambiguous business problems into structured components for cost/revenue/risk assessment and applying this logic to decompose yield curve movements into drivers including monetary policy, inflation expectations, market microstructure;
  • Using Excel to prepare regression analyses in order to identify correlations between macro indicators and interest rate/fx movements for market sizing and supply and logistics analysis;
  • Utilizing Tableau and Alteryx to present data in a clean and impactful way for reporting, trading, and meeting material purposes, which is used in risk reporting and with trading dashboards; and,
  • Translating complex analysis into clear, persuasive narratives to various stakeholders in client meetings and communications using PowerPoint and Bloomberg.


If interested apply online at www.bankofamerica.com/careers or email your resume to [redacted] and reference the job title of the role and requisition number.

EMPLOYER: BofA Securities, Inc.

Shift:
1st shift (United States of America)

Hours Per Week:
40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$160,000.00 - $160,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. 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.

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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