Vice President, 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

• Work on risk management and trading activities with limited direction from more senior staff.

• Handle workflow from front to back, including quotes, hedges, trades, and downstream processes to minimize operational risks while optimizing market risk.

• Work closely with sales across varying time zones to get the ""right price"" to the ""right client"" given risk tolerance and balance sheet constraints.

• Generate replication strategies across asset classes.

• Conduct profit and loss and risk reconciliation.

• Handle EM risk including illiquid inventory of an ample variety of basis.

• Make market in liquid EM risks and illiquid structured products providing liquidity to clients.

• Understand global and EM idiosyncratic macroeconomic situations.

• Execute trades, manage risk, and provide pricing for Latin American interest rate swaps and local sovereign bonds, both nominal and inflation-linked, to maintain liquidity and support client needs.

• Manage risk in emerging market cross-currency basis, focusing on specific convertibility risks to ensure effective hedging and exposure mitigation.

• Mitigate cross-border risk and access local markets to optimize liquidity and enhance market opportunities.

• Originate, structure, and distribute macro–Emerging Markets products to meet client needs and capitalize on market opportunities.

Required Skills & Experience

• Master's degree or equivalent in Business Administration, Statistics, and Finance or related: and

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

• Must have 3 years in the job offered or a related Finance occupation. Must include three(3) years of experience in each of the following:

• Executing trades, managing risk, and providing pricing for Latin American interest rate swaps and local sovereign bonds, both nominal and inflation-linked, to maintain liquidity and support client needs;

• Managing risk in emerging market cross-currency basis, focusing on specific convertibility risks to ensure effective hedging and exposure mitigation;

• Mitigating cross-border risk and access local markets to optimize liquidity and enhance market opportunities; and,

• Originating, structuring, and distributing macro–Emerging Markets products to meet client needs and capitalize on market opportunities.

• In the alternative, the employer will accept a Bachelor's degree and 5 years of progressively responsible experience.

• 10% international and domestic 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: