Bank Of America VP / DIR Power Basis FTR Trading 

United States, Texas, Houston 

471937229

Job Description:

Job Description:

Responsible for risk management and trading activities with limited direction from more senior staff. Scope of activities and authority defined by trading limits. Strong knowledge of risk management, hedging and trading strategies as well as market characteristics.

• Works independently and is responsible for risk management and trading activities with limited direction from more senior staff
• Scope of activities and authority defined by trading limits, transaction control, and book marking. Responsible in the absence of senior traders to make sure EOD is accurate and reflects our markets view.
• Executes transactions in accordance with established trading strategies and risk parameters while implementing personal strategic market making inventory views.
• Contributes to the formulation of long-term strategies used for desk, sales, and origination market views
• May be needed to provide technical and product support to more junior associates

Required skills

• Knowledge of risk management, hedging and trading strategies as well as market characteristics
• Ability to perform analysis on complex sets of data and generate statistical arbitrage trading strategies
• Comfortable with programming languages and ability to learn vendor modeling tools (eg, Dayzer) for market analysis and trade idea generation