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FICC E-Trading, Micro Product Manager

New York, New York

Job Description:

About Us:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Summary:


Seeking an experienced product development manager to lead the build-out and growth of our FICC Micro trading platforms.  This new role sits within the FICC E-Trading & Market Structure team in Global Markets.  This horizontal team works across all FICC lines of business, enabling both Bank of America and its clients to benefit from new electronic trading strategies and products, evolving liquidity, and changes in market structure.  The team works with venues and vendors to identity new use cases and strategic investment opportunities.  The team partners with colleagues at all levels of Global Markets and collaborates with other teams across Quant, Technology, COO, Legal and Compliance to bring complex projects to fruition in a demanding and fast-moving trading environment.

Key Responsibilities:

  • Coordinating product development across the FICC Micro domain, with a particular focus on Munis and Mortgages
  • Defining product strategy and ensuring alignment with the broader FICC business’s strategy
  • Collaborating with Technology and Quant teams to ensure cohesive and timely delivery of trading functionality
  • Acting as the Product Owner for key trading platform components
  • Overseeing venue and vendor partnerships and acting as a sounding board for strategic investments
  • Leveraging data analytics and changes in market structure to inform product and business strategy
  • Ensuring product development aligns with compliance and governance requirements

Required Qualifications:

  • Bachelors or equivalent work experience, with a preference for STEM or Finance
  • Extensive knowledge and experience in one or more FICC Micro products such as Munis, Mortgages or Credit
  • Familiarity with the full trading and risk lifecycle in a Principal-trading environment
  • Understanding of design best practices in electronic trading and risk management
  • Strong organizational skills and an ability to influence change and drive consensus
  • Understanding of other Fixed Income products such as Rates, Derivatives, or ETFs is a distinct advantage
  • Experience with Agile methodologies (Scrum, Scaled Agile) and tooling (Jira) is beneficial
  • Must work well in a collaborative team environment and be willing to adapt to new responsibilities over time

Skills:

  • Business Analytics
  • Innovative Thinking
  • Portfolio Analysis
  • Portfolio Management
  • Trading Strategy
  • Business Acumen
  • Causation Analysis
  • Client Management
  • Consulting
  • Strategic Thinking
  • Written Communications

Minimum Education Requirement: Bachelor's or equivalent work experience (preference for STEM or Finance)

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-24010554

Manages People: No

Travel: No

New York pay and benefits information

New York pay range:

$200,000 - $225,000 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, 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.

Street Address

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