Bank of America Corporation

FICC Sales Associate

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

Qualifications

  • At least 3 years of experience in Rates Trading, Treasury, or CAD FX.
  • Bachelor's degree in a related field required.
  • Deep understanding of interest rate products like swaps, forwards, and government bonds.
  • Proven skills in risk management, pricing, and trading in high-pressure situations.
  • Sound comprehension of market structures and global interest rate linkages.
  • Strong analytical and technical abilities coupled with effective judgment in trading.
  • Excellent communication skills for collaboration with various teams.

Responsibilities

  • Distribute debt or equity products to assigned clients.
  • Identify products that align with client needs and market conditions.
  • Develop innovative strategies to engage with and support client requirements.
  • Analyze market dynamics to enhance account penetration and market reach.
  • Study existing market relationships and identify new opportunities.

Benefits

  • Comprehensive benefits package offered to employees.
  • Access to paid time off for work-life balance.
  • Robust support resources for employee development.
  • Commitment to professional growth and merit-based opportunities.
Full Job Description
Job Description:

This job is responsible for distributing debt or equity products to an assigned account base. Key responsibilities include determining which products best meet client's needs and developing new approaches to meet client's needs and market dynamics. Job expectations may include studying market relationships and current market conditions to increase account/market penetration.

Qualifications
  • Minimum 3 years of experience in Rates Trading, Treasury or CAD FX.
  • Minimum Education Requirement: Bachelor's degree in related field
  • 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).
  • 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 Offers

Bank 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.

This posting is for an existing open position.

Shift:

Hours Per Week:
37.5

Pay Transparency details

CA - Toronto - 181 BAY ST (101803)

Pay and benefits information

Pay range

$170,000.00 - $170,000.00 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 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.

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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