Bank Of America Bank Funding Trader 

United States, North Carolina, Charlotte 

204569781

Job Description:

Job Description:
Accountable for a specific trading activity. Understanding of liquidity management, bank funding strategy, money markets, economic indicators and Federal Reserve programs. Works closely with the Senior Trader and Bank Funding Managers to make optimal trading decisions to execute the funding strategy set forth. Ability to appropriately balance; liquidity, price, risk and other key factors within established guidelines. Ability to make quick market decisions independently. Contribute knowledge and expertise regarding funding and liquidity to day to day Funding Desk responsibilities. Responsible for pricing, executing and recording trades, ensuring operational cohesiveness and performing investor and dealer analysis. Evaluate funding opportunities with partners across the companies and provide recommendations based on thorough analysis to senior management. Execute funding transactions across international entities.

This role supports Treasury’s Global Funding (GF) desk; specifically focused on the trading and funding risk management and analytics.

Key Responsibilities:

• Conducting research and analytics on FX, Rates, Repo and other markets related to funding as well as asset and liability management

• Design, implement and enhance quantitative models (both risk natural, statistic or machine learning models)

• Optimize trading strategies and reduce overall risk

• Desk process management and maintenance

Skills:

• Price Verification and Valuation

• Trading

• Trading and Investment Analysis

• Investment Management

• Problem Solving

• Trade Monitoring

• Trading Strategy

• Business Analytics

• Causation Analysis

Required Qualifications:

• Advanced degree in quantitative finance, or engineering major - or related work experience

• 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 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 derivative

• Solid foundation in statistics and machine learning

• Bloomberg and other market sources

1st shift (United States of America)