girl looking into her desktop
Back to search results

VP, Trading Strategist, Capital and Funding Team

New York, New York

Job Description:

Role Description:

Role in the Global Markets Capital and Funding team. Be responsible for working with the product trading lines of business to efficiently deploy scarce financial resources and to help develop appropriate trading strategies. This is to enable our clients to buy and sell financial products, raise funding and manage risk.

  • Advise senior management about the current state of the financial resource and/or capital and funding related regulatory environment
  • Responsibility for analysing and presenting to management the allocation and drivers of capital, balance sheet and liquidity utilization
  • Drive firm wide initiatives to improve financial metric reporting and optimization
  • Developing and implementing financial resource management strategy to achieve revenue goals
  • Advise business on financial resource and/or regulatory impact of specific transactions
  • Review model logic to ensure assumptions reflect market dynamics
  • Providing peer analysis, market colour and generating optimization ideas

Core Skills:

  • Excellent analytical, quantitative and problem solving  skills are required
  • Technical skills to digest large data sets and deliver a concise story
  • Previous experience with the firms risk and booking systems is preferential
  • Good critical reading skills in order to digest regulation and understand business impact
  • Attention to detail in reviewing calculator and model logic
  • Ability to speak with senior trading staff about complex topics
  • Demonstrate previous experience managing projects and governance routines
  • Anticipating the financial resource requirement of trading businesses

Line of Business:

The Capital and Funding team is responsible for understanding, advising on, and optimizing the capital and funding requirements of Bank Of America both at the top of the house and at the legal entity level. This understanding has to span the existing regulatory framework such as Basel 3 RWA under both advanced and standardized approaches and the liquidity coverage ratio (LCR), as well as pending regulations including the fundamental review of the trading book (FRTB) and net stable funding requirement (NSFR). This requires the ability to read and understand regulation and how it applies to the business as well as how to interrogate trade data to understand impacts to the business.

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Role Description:

Role in the Global Markets Capital and Funding team. Be responsible for working with the product trading lines of business to efficiently deploy scarce financial resources and to help develop appropriate trading strategies. This is to enable our clients to buy and sell financial products, raise funding and manage risk.

  • Advise senior management about the current state of the financial resource and/or capital and funding related regulatory environment
  • Responsibility for analysing and presenting to management the allocation and drivers of capital, balance sheet and liquidity utilization
  • Drive firm wide initiatives to improve financial metric reporting and optimization
  • Developing and implementing financial resource management strategy to achieve revenue goals
  • Advise business on financial resource and/or regulatory impact of specific transactions
  • Review model logic to ensure assumptions reflect market dynamics
  • Providing peer analysis, market colour and generating optimization ideas

Core Skills:

  • Excellent analytical, quantitative and problem solving  skills are required
  • Technical skills to digest large data sets and deliver a concise story
  • Previous experience with the firms risk and booking systems is preferential
  • Good critical reading skills in order to digest regulation and understand business impact
  • Attention to detail in reviewing calculator and model logic
  • Ability to speak with senior trading staff about complex topics
  • Demonstrate previous experience managing projects and governance routines
  • Anticipating the financial resource requirement of trading businesses

Line of Business:

The Capital and Funding team is responsible for understanding, advising on, and optimizing the capital and funding requirements of Bank Of America both at the top of the house and at the legal entity level. This understanding has to span the existing regulatory framework such as Basel 3 RWA under both advanced and standardized approaches and the liquidity coverage ratio (LCR), as well as pending regulations including the fundamental review of the trading book (FRTB) and net stable funding requirement (NSFR). This requires the ability to read and understand regulation and how it applies to the business as well as how to interrogate trade data to understand impacts to the business.

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21077161

Band: H5

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Christina Rodgers

Referral Bonus:

0

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036