Vice President, Sales Trader

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!
 

Responsibilities

• Actively participate on specific client and deal teams.

• Focus on financial and statistical analysis, development of client presentation, and structuring and execution activities.

• Assume business development and product advisory and specialist responsibilities.

• Responsible for primary coverage for a broad base of clients trading domestic and international markets, including Quantitative Funds, ETF fund managers, Asset Managers and Event Driven funds.

• Work with Portfolio Managers and Traders to actively manage their daily trading needs, which includes providing market color, generating pre-trade and post-trade analysis, and coordinating trading instructions with local desks.

• Coordinate trading in global Emerging, Developed and Frontier markets with our internal trading desks, as well as local brokers and partners in the region.

• Provide transaction cost analysis reports and review with client in order to provide best possible execution performance.

• Discuss trading strategy with sales team and clients based in the Americas, Europe, and Asia in order to provide best execution outcome.

• Understand how global equity markets operate, including liquidity, market structure, and stock exchanges to make informed decisions and execute trades in an efficient way.

• Leverage algorithmic trading strategies including VWAP, TWAP and smart order routing when accessing different trading venues including NASDAQ and NYSE.

• Use trading systems including Bloomberg, EMSX and Fidessa for analytics, trading and order management.

• Perform quantitative and statistical analysis using Python, VBA and R to automate manual processes to optimize trade execution and monitor performance.

• Analyze the factors of slippage, market impact, and timing risk, and effectively implementing strategies to minimize negative effects on trade execution and overall performance.

• Analyze global equity index benchmarks, how these indices can change over time and how these changes can affect global equity flows.

Required Skills & Experience

• Bachelor's degree or equivalent in Economics, Mathematics, Finance, Business Administration, or related: and

• 4 years of experience in the job offered or a related Finance occupation.

• Must include 4 years of experience in each of the following:

• Understanding how global equity markets operate, including liquidity, market structure, and stock exchanges to make informed decisions and execute trades in an efficient way;

• Leveraging algorithmic trading strategies including VWAP, TWAP and smart order routing when accessing different trading venues including NASDAQ and NYSE;

• Using trading systems including Bloomberg, EMSX and Fidessa for analytics, trading and order management;

• Performing quantitative and statistical analysis using Python, VBA and R to automate manual processes to optimize trade execution and monitor performance;

• Analyzing the factors of slippage, market impact, and timing risk, and effectively implementing strategies to minimize negative effects on trade execution and overall performance; and,

• Analyzing global equity index benchmarks, how these indices can change over time and how these changes can affect global equity flows.

• 10% domestic or 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:

Hours Per Week: