Analyst/Associate, Prime Financing 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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description
This role is responsible for driving data-driven trading, analytics, and automation within the securities financing business. The position combines quantitative analysis, systematic trading, and technology development to optimize PnL, enhance risk management, and support trading and client activities.
The candidate will partner closely with trading, technology, finance, and strategy teams to develop scalable solutions, improve market insights, and support the execution and structuring of transactions across global markets.
Key Responsibilities
Trading, Strategy and Execution
- Support sales, trading, and hedging activities, including structuring, pricing, and execution of securities financing transactions
- Manage the short book, including pricing, inventory levels, and liquidity planning across hard-to-borrow securities
- Establish internal pricing for securities lending and partner with Finance to streamline intercompany PnL processes
- Execute and monitor domestic and international equity financing transactions in line with market and regulatory requirements
- Assist with day-to-day trading operations, including reconciliation and clearing
Quantitative Analysis and Research
- Perform financial, statistical, and quantitative analysis to identify trends and support trading decisions
- Conduct market research and develop data-driven insights and recommendations
- Develop and maintain models to analyze market behavior, balance sheet usage, and PnL drivers
- Run predictive analytics using Python to forecast events and risks within the book
- Produce reporting including trend analysis, market color, and performance metrics
Technology, Automation and Data
- Develop and maintain trading algorithms and systematic strategies to optimize performance
- Build automation and AI-driven solutions to streamline trading workflows and risk monitoring
- Partner with technology teams to design and implement automated trading systems
- Work with Python, SQL, real-time data feeds, and APIs (including Bloomberg)
- Build dashboards and data visualizations (e.g., Tableau) to support decision-making
Product Development and Innovation
- Contribute to development of new trading products and identify market opportunities
- Collaborate across teams to enhance electronic trading capabilities and scalability
- Develop metrics and analytics to better understand market behavior and client demand
Risk and Balance Sheet Management
- Monitor and optimize risk exposure, collateral usage, and funding strategies
- Support balance sheet and RWA optimization through data-driven approaches
- Ensure adherence to internal policies and regulatory requirements
Minimum Qualifications
- Bachelor’s degree in Finance, Economics, Business Administration, related field, or equivalent work experience
Shift:
1st shift (United States of America)Hours Per Week:
40Learn more about this role
Full time
JR-26018576
Manages People: No
Travel: Yes, 5% of the time
Age requirement: Must at least be 18 years of age.
New York pay range:
$110,000.00 - $130,000.00 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
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