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Vice President; Sales Trader

New York, New York

Job Description:

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!


Responsibilities

Perform the complete life cycle of the trade, from pre-trade to execution and post-trade.

  • Support Asia-based institutional equity clients by leveraging extensive and comprehensive specialized knowledge and understanding of Asia Pacific country-specific economics and local company valuations.

  • Contribute to quarterly marketing to the respective region for origination purposes.

  • Utilize knowledge of the broad scope of Institutional Clients, across Hedge Funds, Asset Managers, Insurance Companies, Sovereigns, Banks, and their respective needs.

  • Collaborate with Trading, Research, Structuring, and Operation groups to facilitate client requests and market various equity derivative products.

  • Ensure proper client registration with onboarding, legal and risk teams.

  • Leverage deep product expertise and technical knowledge of geometric and vanilla dispersion, relative value variance spreads, correlation products, and asset optimization for Asia-based institutional equity clients.

  • Apply specialized knowledge of key operational aspects to non-vanilla product set and effective modeling for Asia-based institutional equity clients.

  • Utilize financial analysis of quantitative derivatives to generate ideas and facilitate equity derivatives trades, where equity derivatives product suite includes listed and over-the-counter (OTC) single stock, ETF and index options, structured notes, as well as listed futures and ETFs. Swaps (e.g., swaps on equity, volatility, variance, dispersion, or structured indices).

  • Source potential market needs and opportunities for customers to express their trading views, while matching the bank’s offering and client needs.

Required Skills & Experience

  • Bachelor’s degree or equivalent in Operations Research, Business Administration, Finance or related; and

  • 5 years of progressively responsible experience in the job offered or a related Finance occupation.

  • Must include 5 years of experience in each of the following:

  • Leveraging deep product expertise and technical knowledge of geometric and vanilla dispersion, relative value variance spreads, correlation products, and asset optimization for Asia-based institutional equity clients;

  • Applying specialized knowledge of key operational aspects to non-vanilla product set and effective modeling for Asia-based institutional equity clients;

  • Utilizing financial analysis of quantitative derivatives to generate ideas and facilitate equity derivatives trades, where equity derivatives product suite includes listed and over-the-counter (OTC) single stock, ETF and index options, structured notes, as well as listed futures and ETFs. Swaps (e.g., swaps on equity, volatility, variance, dispersion, or structured indices); and,

  • Sourcing potential market needs and opportunities for customers to express their trading views, while matching the bank’s offering and client needs.

  • 5% international travel required, as necessary.

If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.

EMPLOYER:  BofA Securities, Inc.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-24026569

Manages People: No

Travel: Yes, 5% of the time

New York pay and benefits information

New York pay range:

$300,000 - $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, 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