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Bank Of America Vice President Trader 
United States, New York, New York 
88998774

Today

Responsibilities

  • Research or develop analytical tools to address issues such as portfolio construction/optimization, performance measurement, attribution, profit and loss measurement, and pricing models.

  • Consult with traders or other financial industry personnel to determine need for new or improved analytical applications.

  • Provide application and analytical support to researchers or traders on issues including valuations of data.

  • Responsible for risk management and trading activities with limited direction from more senior staff.

  • Manage workflow from front to back, including quotes, hedges, trades and downstream processes to minimize operational risks while optimizing market risk.

  • Work closely with sales across varying time zones to get the ""right price"" to the ""right client"" given risk tolerance and balance sheet constraints.

  • Generate replication strategies across asset classes and various equity index replications.

  • Conduct profit and loss and risk reconciliation.

  • Execute trades and hedging risks using market-making strategies for single stocks, ADRs, and ETF derivatives to facilitate workflow.

  • Use Bloomberg to assess and hedge trading book risk and optimize profitability.

  • Monitor and hedge FX and forward risk exposure, including stock borrow and dividends.

  • Conduct securities market research to identify opportunities and dislocations.

  • Assess macroeconomic risks in local and ADR markets to manage the trading book and provide market insights to clients.

  • Execute trades and hedge risks using market-making strategies for single stocks, ADRs, and ETF derivatives to facilitate workflow.

  • Use Bloomberg to assess and hedge trading book risk and optimize profitability.

  • Monitor and hedge FX and forward risk exposure, including stock borrow and dividends.

  • Conduct securities market research to identify opportunities and dislocations.

  • Assess macroeconomic risks in local and ADR markets to manage the trading book and provide market insights to clients.

Required Skills & Experience

  • Master's degree or equivalent in Finance, Economics, Mathematics, Engineering (any), or related: and

  • 3 years of experience in the job offered or a related Quantitative occupation.

  • Must have 3 years of experience in the job offered or a related quantitative occupation. Must include 3 years of experience in each of the following:

  • Executing trades and hedging risks using market-making strategies for single stocks, ADRs, and ETF derivatives to facilitate workflow;

  • Using Bloomberg to assess and hedge trading book risk and optimize profitability;

  • Monitoring and hedging FX and forward risk exposure, including stock borrow and dividends;

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

  • Assessing macroeconomic risks in local and ADR markets to manage the trading book and provide market insights to clients.

  • In the alternative, the employer will accept a Bachelor's degree and 5 years of progressively responsible experience.

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

EMPLOYER:BofA Securities, Inc.

1st shift (United States of America)