The Securities Lending Trading Desk works closely with our financing sales team to provide borrow liquidity to Bank of America's financing clients, including hedge funds, market makers, and internal desks. The SL trading desk works on sourcing and optimizing inventory via firm assets, agent lenders, brokers, and synthetic products.
The team is seeking a Securities Lending Trader. Candidate must have strong technical, market, and communication skills, as well as a problem solving approach to tackling challenges and a drive to deliver the platform.
Role and Requirements:
Candidate should have strong interest in and knowledge of Delta One and Securities Lending Products
Previous experience trading Sec Lending products and knowledge of ADR and Cross book trading is required
Solid comprehension of balance sheet & funding is required to help optimize the book
Series 7 and 63 required but may be obtained upon joining the desk
Shift:1st shift (United States of America)
Hours Per Week:40
Learn more about this role
Located in midtown Manhattan, we’re right across from Bryant Park and a short walk to Times Square, Broadway theaters, Grand Central Station, excellent shops and world-class restaurants.