Bank Of America VP/DIR Futures & Options Electronic Product Expert 

United States, New York, New York 

212081834

Job Description:

Job Description:

Competencies required include electronic trading platform, algorithm design and deployment, venue and exchange management, quant research, analytics, governance with a Bachelors degree, & 5-10+ years related experience.

The role will focus on eTrading workflows, applications and priorities of the eSales & Trading desks. This will require the candidate to become deeply familiar with the end-to-end lifecycle of products and trade flows across front line business units; including Futures, Options, Cash eTrading desks. This requires a deep understanding of markets, clients, liquidity and products. The role requires in depth experience of low latency, high resiliency product design and operation. The successful candidate will be a core subject matter expert and a critical pillar in driving growth of a major trading franchise.

Role:

• Define Product strategy in close collaboration with electronic trading groups, desks, quants and platform leadership
• Define detailed design requirements in conjunction with critical support partners. e.g. Technology, Sales & Trading, Compliance, Legal, Operations, Risk Management, etc.
• Manage and govern key Equities & Global Markets investment initiatives
• Drive detailed analysis of priority products, clients and markets to establish product baselines, peer insights and commercial opportunities
• Establish coherent, well defined business cases and work with management to pitch investment opportunities
• Be an active participant in discussions and influence decisions around the end to end trading lifecycle and the strategic equities architecture

• Work closely with Technology and Product partners to maintain oversight of our investments, progress and regulatory obligations

Responsibilities

• Own and drive Product strategy for Futures & Options execution;
• Define and document business opportunities and pitch investment cases
• Document requirements and ensure product delivery aligns to user requirements
• Measure product baselines and define KPIs and target metrics with Sales and Trading
• Explore industry, client and competitor trends to ensure product remains relevant and forward looking
• Ensure the ongoing delivery of critical equities product as follows:
• Robust governance and management of core investments and priorities
• Work and collaborate with tech, quant and Support partners
• Influence and shape future investment and design decisions in conjunction with Equities management and business leads
• Help grow the teams capabilities and generate revenue

Qualifications:

• Expertise in electronic trading, market & client connectivity, algorithm design, best execution, governance, capacity
• Experience with building quality platform for large and advanced eTrading clients (quants, hedge funds, institutions, banks and BDs) along with effectively managing and interfacing with liquidity partners
• Excellent communication skills to work with sales, trading, product, technology, and support partners globally
• Strong team work and ability to collaborate with others
• Excellent problem solver with an ability to work independently and comfortable working in a fluid environment withshifting priorities
• Prior experience of Futures & Options products and trading strategies
• Highly motivated and strong desire to learn business and new technologies
• Bachelors degree required

Desired Qualifications:

• Experience with algorithm design and development
• Operational skills in running a large eTrading business at scale
• Some coding/scripting/analytics experience (with knowledge of best practices) in Java/Python preferred
• Project Managementcertifications/Experience

1st shift (United States of America)