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VP - Investment Grade Trader

New York, New York

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:


This job is responsible for managing risk and developing trading activities with limited direction from senior staff. Key responsibilities include proactively maintaining and building client relationships, supporting clients with buying and selling financial products, and developing and implementing trading strategies to achieve revenue goals. Job expectations include having in-depth knowledge of risk management, hedging, and trading strategies as well as market characteristics.

Responsibilities:

  • Partners with global sales teams to help the bank's clients execute trading activities, while sharing knowledge of the current market environment

  • Performs trading activities in compliance with federal regulations, industry standards, and other requirements

  • Assigns accounts to pre-defined trading models and administers trades based on product guidelines

  • Operates as a market maker, buying and selling financial instruments in accordance with established trading strategies and risk parameters

Qualifications:

  • 5+ years of relevant sell side market making experience managing a book of risk

  • Pre-existing client relationships within fixed income markets

  • Strong understanding of corporate credit fundamentals

  • Experience and understanding of products within broader credit universe, including credit derivatives and ETFs

Skills:

  • Business Acumen

  • Trade Monitoring

  • Trading

  • Trading Strategy

  • Trading and Investment Analysis

  • Causation Analysis

  • Client Management

  • Financial Forecasting and Modeling

  • Research Analysis

  • Risk Management

  • Data and Trend Analysis

  • Oral Communications

  • Policies, Procedures, and Guidelines

  • Regulatory Compliance

  • Risk Analytics

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-24011905

Manages People: No

Travel: No

New York pay and benefits information

New York pay range:

$200,000 - $225,000 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036