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!
**Responsibilities **
- Work independently and perform risk management and trading activities with limited direction from more senior staff.
- Maintain a scope of activities and authority defined by trading limits, transaction control, and book marking.
- In the absence of senior traders, ensure that end-of-day is accurate and reflects our market’s view.
- Execute transactions in accordance with established trading strategies and risk parameters.
- Collaborate with structuring to contribute to the formulation of long-term strategies used for desk, sales and clients.
- Provide technical and product support to more junior associates.
- Run daily PNL and reconcile issues with Finance group.
- Assist developers with the automation and improvement of workflow.
Required Skills & Experience
- Bachelor's degree or equivalent in Finance, Economics, Engineering (any), or related field: and
- 2 years of experience in the job offered or a related Quantitative occupation.
- Must include 2 years of experience in each of the following:
- Using financial trading software to facilitate and execute trades in equity derivatives and other financial products;
- Using pragmatic market knowledge in equities, equity derivatives, and other asset classes to make trading and hedging decisions;
- Assessing the pricing and liquidity of different equity derivative products under different economic conditions to provide pricing, trade ideas, and solutions to clients; and,
- Automating manual processes that require large data sets including Python to prepare customized reports.
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
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$160,000.00 - $160,000.00 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.