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!

RESPONSIBILITIES:      

Conduct risk management and trading activities with limited direction from more senior staff.

Complete workflow from front to back, including quotes, hedges, trades, and downstream processes to minimize operational risks while optimizing market risk.

Work closely with sales across varying time zones to get the "right price" to the "right client" given risk tolerance and balance sheet constraints.

Generate replication strategies across asset classes and various equity index replications.

Conduct profit and loss and risk reconciliation.

Perform enhancement of pricing and risk models to incorporate new market or product features.

Leverage deep product expertise and technical knowledge of geometric and vanilla dispersion, relative value variance spreads, correlation products, and asset optimization for institutional equity clients.

Apply specialized Python coding and modeling skills to non-vanilla product set for Asia-based equity clients.

Utilize financial analysis of quantitative derivatives to generate ideas and facilitate equity derivatives trades, where equity derivatives product suite includes listed and over-the-counter (OTC) single stock, ETF, and index options, structured notes, as well as listed futures, ETFs, and Swaps (swaps on equity, volatility, variance, dispersion, or structured indices).

Source potential market needs and opportunities for customers to express their trading views, while matching the bank’s offering and client needs.

REQUIRED SKILLS & EXPERIENCE:     

Master's degree or equivalent in Financial Engineering, Economics, 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:

Leveraging deep product expertise and technical knowledge of geometric and vanilla dispersion, relative value variance spreads, correlation products, and asset optimization for institutional equity clients;

Applying specialized Python coding and modeling skills to non-vanilla product set for Asia-based equity clients;

Utilizing financial analysis of quantitative derivatives to generate ideas and facilitate equity derivatives trades, where equity derivatives product suite includes listed and over-the-counter (OTC) single stock, ETF, and index options, structured notes, as well as listed futures, ETFs, and Swaps (swaps on equity, volatility, variance, dispersion, or structured indices); and,

Sourcing potential market needs and opportunities for customers to express their trading views, while matching the bank’s offering and client needs.

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:

Hours Per Week: