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Associate/VP, Commodity Index Trading (Delta One)

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Responsibilities:

Responsible for risk management and trading activities with limited direction from more senior staff. Scope of activities and authority defined by trading limits. Strong knowledge of risk management, hedging and trading strategies as well as market characteristics.

  • Works independently and is responsible for risk management and trading activities with limited direction from more senior staff
  • Scope of activities and authority defined by trading limits, transaction control, and book marking. Responsible in the absence of senior traders to make sure EOD is accurate and reflects our markets view.
  • Executes transactions in accordance with established trading strategies and risk parameters while implementing personal strategic market making inventory views
  • Contributes to the formulation of long term strategies used for desk, sales and origination market views
  • May be needed to provide technical and product support to more junior associates

Required skills

  • Strong knowledge of risk management, hedging and trading strategies as well as market characteristics
  • Has a thorough knowledge of product area including market liquidity and volatility, pricing, and trading/hedging strategies of the commodity index market
  • 5-7 years of commodity index trading experience is necessary to effectively manage daily operations

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-25015017

Manages People: No

Travel: No

New York pay and benefits information

New York pay range:

$70,000.00 - $225,000.00 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