About the Role
Bank of America is seeking to help make financial lives better through the power of every connection. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. We value the unique perspectives individuals bring from all backgrounds and career paths. This role supports an in-office culture that fosters collaboration, engagement, and career development.
Responsibilities
- Market making for interest rates products including local currency government bonds, interest rate swaps, inflation swap and cross currency swaps in Latin American currencies in Latin American countries (except Brazil) in compliance of Bank of Americas policies, which requires developing the clients' needs, knowing the market, and being proactive.
- Actively handle the risk arising from market making activities, within the framework established by market risk management policies, including risk limits, tenor limits and credit approvals.
- Actively help develop the franchise by providing good and timely price quotes, but also provide consistent market color to clients and have meetings or phone conversations as needed, in order to establish key partnerships with sales people.
- Maintain a deep understanding of macroeconomic and political events in both the covered countries and major economies, which allows anticipation of market moves and is key to assess marketing risk.
- Handle operational risk, including booking all transactions in a timely manner, learning to use the pricing systems and having an accurate tracking of where market prices are at all times.
Requirements
- Bachelor's degree or equivalent in Finance, Economics, Mathematics or related.
- 2 years of experience in the job offered or a related Finance occupation.
- 2 years of experience in breaking down ambiguous business problems into structured components for cost/revenue/risk assessment and applying this logic to decompose yield curve movements into drivers including monetary policy, inflation expectations, market microstructure.
- 2 years of experience using Excel to prepare regression analyses in order to identify correlations between macro indicators and interest rate/fx movements for market sizing and supply and logistics analysis.
- 2 years of experience utilizing Tableau and Alteryx to present data in a clean and impactful way for reporting, trading, and meeting material purposes, which is used in risk reporting and with trading dashboards.
- 2 years of experience translating complex analysis into clear, persuasive narratives to various stakeholders in client meetings and communications using PowerPoint and Bloomberg.
Skills
- Excel
- Tableau
- Alteryx
- PowerPoint
- Bloomberg
Location
- New York, NY
Work Type
- Onsite
- Full-time
Experience Level
- 2 years
Education Level
- Bachelor's degree
Salary/Compensations
- $160,000.00 - $160,000.00
Benefits
- Industry-leading benefits
- Access to paid time off
- Resources and support
- Discretionary incentive eligible
About the Company
- At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.
- We drive Responsible Growth and deliver for our clients, teammates, communities and shareholders every day.
- Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth.
- We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success.
- This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
- We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences.
- These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
- Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development.
- Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
- At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
