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Repo Trader
New York, New York
Job Description:
The Repo Trading team, within Bank of America Short End Trading, provides financing markets on fixed income assets to our most strategic customers. Traders within the team are responsible for market making and executing a range of trades across short end cash and financing products. Within the context of client selection among the bank’s most important FICC relationships, Repo trading is responsible for growing financing and front-end footprints and market share with relevant hedge funds, banks, sec lenders, pensions, and asset managers.
Responsibilities
- Global structured product Repo Specialist
- Candidate will need to be well versed in all Short End trading instruments as these are tools used to enhance the revenue of the traditional financing books.
- In addition to primary market making in credit and structured repo, candidate will provide support to the overall SET trading business.
- Candidate will engage frequently with our most strategic clients to discuss markets and strengthen relationships.
- Candidate will be actively engaged in Short End Trading technology developments.
- Candidate will need to build strong relationships with all control partners. Risk, legal, compliance, BCO.
Qualifications
- Excellent leadership and communication skills
- Prior experience in financing markets
- Strong understanding of regulatory landscape
- Interest in both macro and micro/front end fixed income markets
Job Band:
H5Shift:
1st shift (United States of America)Hours Per Week:
40Weekly Schedule:
Referral Bonus Amount:
0Job Description:
The Repo Trading team, within Bank of America Short End Trading, provides financing markets on fixed income assets to our most strategic customers. Traders within the team are responsible for market making and executing a range of trades across short end cash and financing products. Within the context of client selection among the bank’s most important FICC relationships, Repo trading is responsible for growing financing and front-end footprints and market share with relevant hedge funds, banks, sec lenders, pensions, and asset managers.
Responsibilities
- Global structured product Repo Specialist
- Candidate will need to be well versed in all Short End trading instruments as these are tools used to enhance the revenue of the traditional financing books.
- In addition to primary market making in credit and structured repo, candidate will provide support to the overall SET trading business.
- Candidate will engage frequently with our most strategic clients to discuss markets and strengthen relationships.
- Candidate will be actively engaged in Short End Trading technology developments.
- Candidate will need to build strong relationships with all control partners. Risk, legal, compliance, BCO.
Qualifications
- Excellent leadership and communication skills
- Prior experience in financing markets
- Strong understanding of regulatory landscape
- Interest in both macro and micro/front end fixed income markets
Shift:
1st shift (United States of America)Hours Per Week:
40Learn more about this role
Full time
JR-23010050
Band: H5
Manages People: No
Travel: Yes, 5% of the time
Manager:
Talent Acquisition Contact:
Christina Rodgers
Referral Bonus:
0
New York City pay and benefits information
New York City pay range:
$200,000 - $300,000 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, 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.
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