Bank Of America Associate - Trading 

United States, New York, New York 

424103766

Responsibilities

• Maintain trading book regarding marking positions, evaluating risk, and trade lifecycle maintenance for the desk.

• Be responsible for market making options on stocks, ETFs within assigned sector, and custom baskets.

• Be responsible for generating trade ideas for discussion with sales and clients.

• Cultivate relationships with clients to generate revenues through new client business.

• Analyze and research volatility market for discovery of mis‐pricings in the marketplace for client monetization.

• Coordinate and hedge risks deriving from customer transactions to stay within risk limits.

• Be responsible for building tools in Python to monitor volatility changes, backtest trade ideas, and evaluate relative value trading opportunities.

• Work with Quants/Strats team to improve trading lifecycle automation and deliver new products that help with trading workflow.

• Market make single stock, ETF, custom basket option, dispersion products, and interest rate option, including executing trades for client facilitation.

• Assess and hedge trading book risk and optimize profitability.

• Monitor forward risk exposure, including borrow, dividend, and interest rate risks.

• Develop analytical tools in Python to improve automation and risk management, generate trade ideas, and manage desk's Git repository.

• Conduct securities markets research to identify opportunities and dislocations.

• Distribute and maximize custom basket trading for clients.

Required Skills & Experience

• Bachelor's degree or equivalent in Business Administration, Computational Finance, Economics, or related: and

• 2 years of experience in the job offered or a related Finance occupation.

• Must include 2 years of experience in each of the following:

• Market making single stock, ETF, custom basket option, dispersion products, and interest rate option, including executing trades for client facilitation;

• Assessing and hedging trading book risk and optimize profitability;

• Monitoring forward risk exposure, including borrow, dividend, and interest rate risks;

• Developing analytical tools in Python to improve automation and risk management, generating trade ideas, and managing desk's Git repository;

• Conducting securities markets research to identify opportunities and dislocations; and,

• Distributing and maximizing custom basket trading for clients.

If interested apply online ator email your resume toand reference the job title of the role and requisition number.

BofA Securities, Inc.

1st shift (United States of America)