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Bank Of America Bank Funding Trader 
United States, North Carolina, Charlotte 
521819568

Today


Understanding of liquidity management, bank funding strategy, money markets, economic indicators and Federal Reserve programs. 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.

Key Responsibilities:

  • Participate in BANA / Parent Company / Broker-dealer cash and liquidity forecasting routines to identify risks and ensure compliance with relevant liquidity risk metrics.

  • Engage with business partners including BSM, GLM, and CFO Risk to analyze balance sheet changes, identify subsequent risks to the liquidity and cash positions.

  • Execute intercompany funding transactions, supporting USD funding needs of non-US branches and subsidiaries.

  • Participate and drive Technology initiatives to integrate Global Funding capabilities (including integration across Treasury groups) and to further enhance tools to manage liquidity risk globally.

  • Develop thorough understanding of Federal Reserve monetary policy. Analyze impacts to short-term money market rates and liquidity resulting from changes in Fed policy.

  • Perform extensive ad-hoc financial analysis related to funding risks and opportunities.

  • Assist in coordination and completion of both internal and external audits and regulatory related exams.

  • Ensure that a robust control environment is maintained through compliance with all policies, procedures, and directives.

Skills:

  • Price Verification and Valuation

  • Trading

  • Trading and Investment Analysis

  • Investment Management

  • Problem Solving

  • Trade Monitoring

  • Trading Strategy

  • Business Analytics

  • Causation Analysis

  • Data and Trend Analysis

Required Qualifications:

  • Undergraduate degree with quantitative focus / prefer finance, accounting, or engineering major - or, related work experience

  • Minimum two years treasury, finance, or trading experience

  • Strong analytical, investigative problem-solving, and decision-making skills

  • Strong Excel skills are a must

  • Ability to thrive in a fast paced, demanding environment, adapt to changing priorities and demonstrate initiativ

  • Inquisitive, willing to challenge the status quo and strive to improve processes

  • Ability to work independently, with a team, with minimal supervision and efficiently prioritize tasks

  • Ability to communicate effectively across a broad range of constituents in verbal, written and presentation forms

  • Ability to build and maintain strong relationships across the Enterprise

  • Comfortable leading an initiative as well as playing a support role on a broader team

DesiredQualifications:

  • Familiarity with financial regulatory environment

  • Bloomberg and other market sources

  • SQL and/or other advanced data manipulation skills

  • Python

1st shift (United States of America)