Director / Senior Trader

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 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 $300,000.00 - $300,000.00 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. Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice 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! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Diversity and Inclusion Each employee brings unique skills, background and opinions. We see diversity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe. Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency

Salary : $300,000