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 a diverse and 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.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us
Line of Business Job Description:
This role supports Treasury’s Global Funding desk; specifically focused on the trading and funding risk management and analytics.
The team has responsibility conducting research, analytics as well as model implementation across multiple markets and currencies.
Employees interact daily with internal and external constituents including business lines, other Treasury functions such as Balance Sheet Management (BSM), Finance, Capital Management, Investor Relations and Global Liquidity Management, Legal, internal control partners, regulators, market dealers, and investors. GF strives to provide efficient funding strategies across the enterprise in the most cost-effective manner, while managing the risks associated with those strategies. Implementation of our funding and hedging strategies necessitates flawlessly executing transactions with internal and external counterparties in accordance with liquidity constraints, internal guidelines, legal limitations and regulatory directives.
This role requires critical thinking about the many challenges facing our company and industry with an emphasis on attention to detail, teamwork and strong communication skills.
Treasury provides an opportunity to gain broad knowledge about the company and its many businesses as well as the global markets in which we transact.
Responsibilities:
Your day-to-day experience will be varied and challenging, and will allow you to extend your skills within various disciplines.
Key Responsibilities:
• Conducting research and analytics on FX and Rates market related to funding as well as asset and liability management
• Design, implementing and enhance quantitative models (both risk natural, statistic or machine learning models)
• Optimize trading strategies and reduce overall risk
• Desk process management and maintenance
Required Qualifications:
• 2+ years of experience in financial analysis (bond math, analytics, cash flows) or trading (traded or monitored/reported on trading strategies) experience
• Experience in programing (python or other OOO programing), modeling (derivative pricing, statistic or machine learning )
• Understanding of financial markets, liquidity and risk
• Critical thinking, strong attention to detail, analytical, investigative problem-solving skills
Desired Qualifications:
Advance degree in quantitative finance, or engineering majorAdvance programing skills (e.g., deep knowledge about python or c/c++, familiar with data structure and standard algorithm, design pattern, etc.)Familiar with FX / IRD derivativeSolid foundation in statistics and machine learningBloomberg and other market sourcesSkills:
Analytical ThinkingApplication DevelopmentAutomationSolution DesignBusiness IntelligenceData ModelingFinancial ManagementSolution Delivery ProcessTechnical Strategy DevelopmentBusiness AnalyticsCritical ThinkingFinancial AnalysisInnovative ThinkingProblem SolvingShift:
1st shift (United States of America)Hours Per Week:
40