VP / DIR, Power Basis / FTR Trading

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 an 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.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

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

Job Description:

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

• Knowledge of risk management, hedging and trading strategies as well as market characteristics
• Ability to perform analysis on complex sets of data and generate statistical arbitrage trading strategies
• Comfortable with programming languages and ability to learn vendor modeling tools (eg, Dayzer) for market analysis and trade idea generation

Shift:

Hours Per Week: