Vice President; Trading Strategist
Bank of America
Vice President; Trading Strategist
New York, New York
**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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
**Responsibilities**
+ Develop new financial models, analytics, and tools to support the linear rates derivatives.
+ Develop swaps, e-trading, and intraday risk platforms.
+ Develop and support of intraday risk system.
+ Integrate financial models into Firm systems.
+ Provide tactical support of risk and pricing activities on the rates trading desks.
+ Provide overall support of rates analytics at the Firm.
+ Work with trading and other front office staff as well as technology department to develop solutions for trading business requirements.
+ Pricing and risk management of derivative products, including applying stochastic calculus, probability theory, interest rate yield curve building, and analysis of interest rate derivatives.
+ Develop code in either Python or C++, in an enterprise environment for full life-cycle applications, for pricing and risk systems for derivatives.
+ Implement testing of derivative software, including the use of unit testing and testing pyramids.
+ Navigate multiple external derivative trading venues.
+ Collaborate with trading staff on a daily basis for derivative application development, support, and analysis.
+ Work with the AMPS pub/sub messaging system and KDB database or similar systems for real-time messaging and analysis.
+ Remote work may be permitted within a commutable distance from the worksite.
**Required Skills & Experience**
+ Master's degree or equivalent in Computational Finance, Statistics, Mathematics, or related; and
+ 3 years of experience in the job offered or a related Finance occupation.
+ Must include 3 years of experience in each of the following:
+ Pricing and risk management of derivative products, including applying stochastic calculus, probability theory, interest rate yield curve building, and analysis of interest rate derivatives;
+ Developing code in either Python or C++, in an enterprise environment for full life-cycle applications, for pricing and risk systems for derivatives;
+ Implementing testing of derivative software, including the use of unit testing and testing pyramids;
+ Navigating multiple external derivative trading venues;
+ Collaborating with trading staff on a daily basis for derivative application development, support, and analysis; and,
+ Working with the AMPS pub/sub messaging system and KDB database or similar systems for real-time messaging and analysis.
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
$200,000.00 - $210,000.00 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.
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 and affirmative action, 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 "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.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 .
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.
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