Job Description:Job Description:This job is responsible for managing risk and developing trading activities with limited direction from senior staff. Key responsibilities include proactively maintaining and building client relationships, supporting clients with buying and selling financial products, and implementing trading strategies to achieve revenue goals. Job expectations include having in-depth knowledge of risk management, hedging, and trading strategies as well as market characteristics.
Responsibilities:- Partners with global sales teams to help the bank's clients execute trading activities, while sharing knowledge of the current market environment
- Performs trading activities in compliance with federal regulations, industry standards, and other requirements and ensures trading orders are executed with the highest degree of accuracy and time efficiency
- Assigns accounts to pre-defined trading models and administers trades based on product guidelines
- Operates as a market maker, buying and selling financial instruments in accordance with established trading strategies and risk parameters
Qualifications:- Minimum 6+ years of experience in Rates Trading, Treasury or CAD FX.
- Strong knowledge of interest rate products, including swaps, forwards, government bonds, and related derivatives.
- Proven ability to manage risk, price markets, and execute trades in a fast-paced trading environment.
- Solid understanding of market structure, liquidity dynamics, and linkage to global rates (e.g., USD rates environment).
- Bachelor's degree in business, finance, economics or a related field is preferred
- Strong analytical and technical skill set combined with sound trading instinct and judgment.
- Ability to articulate views on market trends, macro drivers, and relative value opportunities.
- Strong communication skills, with the ability to collaborate effectively with Sales, Structuring, and global trading teams.
- Ability to perform under pressure and make informed decisions in volatile market conditions.
What Bank of America OffersBank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees.
Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.
Shift:Hours Per Week: 37.5
Pay Transparency detailsCA - Toronto - 181 BAY ST (101803)
Pay and benefits information
Pay range
The compensation for the position is not required to be posted under the Ontario Employment Standards Act, 2000, and associated Regulation.
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 competitive 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.
