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Bank of America

Vice President; Trading Strategist

Bank of America, New York, New York, us, 10261


Vice President; Trading Strategist

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!Responsibilities:Develop new financial models, analytics, and tools to support the linear rates derivatives.Develop swaps, e-trading, and intraday risk platforms.Develop and support of intraday risk system.Integrate financial models into Firm systems.Provide tactical support of risk and pricing activities on the rates trading desks.Provide overall support of rates analytics at the Firm.Work with trading and other front office staff as well as technology department to develop solutions for trading business requirements.Pricing and risk management of derivative products, including applying stochastic calculus, probability theory, interest rate yield curve building, and analysis of interest rate derivatives.Develop code in either Python or C++, in an enterprise environment for full life-cycle applications, for pricing and risk systems for derivatives.Implement testing of derivative software, including the use of unit testing and testing pyramids.Navigate multiple external derivative trading venues.Collaborate with trading staff on a daily basis for derivative application development, support, and analysis.Work with the AMPS pub/sub messaging system and KDB database or similar systems for real-time messaging and analysis.Remote work may be permitted within a commutable distance from the worksite.Required Skills & Experience:Master's degree or equivalent in Computational Finance, Statistics, Mathematics, or related; and3 years of experience in the job offered or a related Finance occupation.Must include 3 years of experience in each of the following:Pricing and risk management of derivative products, including applying stochastic calculus, probability theory, interest rate yield curve building, and analysis of interest rate derivatives;Developing code in either Python or C++, in an enterprise environment for full life-cycle applications, for pricing and risk systems for derivatives;Implementing testing of derivative software, including the use of unit testing and testing pyramids;Navigating multiple external derivative trading venues;Collaborating with trading staff on a daily basis for derivative application development, support, and analysis; and,Working with the AMPS pub/sub messaging system and KDB database or similar systems for real-time messaging and analysis.If interested apply online at

www.bankofamerica.com/careers

or email your resume to

bofajobs@bofa.com

and reference the job title of the role and requisition number.EMPLOYER:

BofA Securities, Inc.Shift:1st shift (United States of America)Hours Per Week:40Pay Transparency details:US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100) Pay range $200,000.00 - $210,000.00 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.

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