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Director; Senior Trader

New York, New York
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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

  • Provide competitive market prices for the bank’s clients, both local and domestic, in a number of fixed income and foreign exchange products related to Latin American countries.

  • Proactively manage the risk arising from client transactions in the market.

  • Work independently and be responsible for risk management and trading activities.

  • Help execute transactions in accordance with established trading strategies and risk parameters.

  • Apply knowledge of product area including market liquidity and volatility, pricing, and trading/hedging strategies.

  • Perform pricing of large incoming client trades from a funding perspective.

  • Contribute to the formulation of strategies.

  • Provide technical and product support to more junior associates.

  • Provide clients with market color, analyzing local macroeconomic and political variables.

Required Skills & Experience

  • Master's degree or equivalent in Business Administration, Finance, Economics, 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:

  • Performing and reviewing pricing of all related interest rate and cross currency derivatives involving local rates and indexes for several Latin American countries, including Chile and Colombia;

  • Assessing and providing pricing for local currency sovereign bonds for Latin American countries, for real money clients both offshore and domestic;

  • Reviewing and hedging the interest rate and foreign exchange exposure arising from client risk taking/hedging activity to capture the profits associated with these activities;

  • Interpreting macro economical and geopolitical events and their consequences to financial markets, in particular interest rate curves to give clients appropriate recommendations for hedging / risk taking; and,

  • Proposing trading strategies to clients, to implement in the Latin American interest rate space for them to trade with and expand their business franchise.

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

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Full time

JR-26015000

Manages People: No

Travel: No

Age requirement: Must at least be 18 years of age.

New York pay range:

$300,000.00 - $300,000.00 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