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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** :

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

• 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.

• Drive desk profitability by structuring new issue ideas for clients and managing the global secondary trading business.

• Contribute to the formulation of desk strategies for global business growth, client engagement, risk management framework, and profitability.

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

• Provide technical and product support to more junior associates.

• Develop, manages and improves key technical and quantitative infrastructure to support the business.

• Monitor changes in the regulatory framework and work with Internal Compliance, Legal and Product Control to ensure adherence to rules, laid down by SEC, FINRA and other relevant regulatory authorities.

• Perform Relative Value Analysis on Structured Notes Deals versus Public Vanilla Benchmarks and execute hedges in the Interest Rate Derivatives market to lock in economics and profits.

• Perform Fundamental Valuation Analysis for Structured Notes utilizing Bloomberg Valuation Tools and pricing models and executing Interest rate swaps and Credit Default Swaps to hedge market risks.

• Assess existing policies on SEC Registered Issuances, Euro MediumTerm Notes, and REGS and ensuring business operates within the framework.

• Utilize data analysis to structure new issuances and secondary trading ideas including switches, extensions, buybacks and restructurings.

• Manage Price Publishing tools, Risk Analytics, Exception reports, and Price Validation/Testing utilizing public Interest Rate and Credit market to provide daily pricing and assess tradeable bids.

**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 Relative Value Analysis on Structured Notes Deals versus Public Vanilla Benchmarks and execute hedges in the Interest Rate Derivatives market to lock in economics and profits;

• Performing Fundamental Valuation Analysis for Structured Notes utilizing Bloomberg Sensitivity: Confidential

Valuation Tools and pricing models and executing Interest rate swaps and Credit Default Swaps to hedge market risks;

• Assessing existing policies on SEC Registered Issuances, Euro Medium Term Notes, and REGS and ensuring business operates within the framework;

• Utilizing data analysis to structure new issuances and secondary trading ideas including switches, extensions, buybacks and restructurings;

• Managing Price Publishing tools, Risk Analytics, Exception reports, and Price

Validation/Testing utilizing public Interest Rate and Credit market to provide daily pricing and assess tradeable bids.

If interested apply online at www.bankofamerica.com/careers or email your resume to [email protected] 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

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.