Director / Senior Trader - Military Veterans
at Bank of America
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
RESPONSIBILITIES:
- Contribute specialized knowledge to BofA's Asia FX trading function. Handle Asia trading portfolios to optimize the profitability.
- Collaborate with junior traders' operation procedure to comply with regulations.
- Ensure junior traders' risk profiles are consistent with BofA standards and client needs.
- Provide pricing of Asia FX Deliverable/NDF (Non-Deliverable Forwards) for client's need. Deal with the execution of trades.
- Provide market updates/investment insights to client pools.
- Contribute to the enhancement of electronic trading platform process through interaction with developers.
- Maintain high level customer relationships with Americas client base by providing clients with daily market color, technical analysis, and liquidity solutions.
- Moderate client-demand driven risk positions, considering both company-specific and macro-level factors including liquidity profile and market volatility, and utilize hedges where appropriate to effectively mitigate downside risk.
- Contribute to cross-border transactions which involve foreign exchange by hedging and risk mitigating and optimizing existing automated spreadsheets to reduce margin of error during trading.
- Utilize Asia market knowledge to complete complex transactions and preserve client relationships.
- Remote work may be permitted within a commutable distance from the worksite.
REQUIREMENTS:
- Bachelor's degree or equivalent in Business Administration, Finance, Economics, or related; and
- 7 years of progressively responsible experience in the job offered or a related Finance occupation.
- Must include 7 years of experience in each of the following:
- Maintaining high level customer relationships with Americas client base by providing clients with daily market color, technical analysis, and liquidity solutions;
- Moderating client-demand driven risk positions, considering both company-specific and macro-level factors including liquidity profile and market volatility, and utilizing hedges where appropriate to effectively mitigate downside risk;
- Contributing to cross-border transactions which involve foreign exchange by hedging and risk mitigating and optimizing existing automated spreadsheets to reduce margin of error during trading; and,
- Utilizing Asia market knowledge to complete complex transactions and preserve client relationships.
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:
40
New York, NY
You’ve led troops, now help lead your community
As a leader in the military, you motivated troops to get the job done. We value your ability to influence change and encourage you to continue that influence here and in our communities. Our Military Affairs Team proudly supports veterans in our communities through education and volunteer events. Together, we can create better communities and a brighter future for us all.
First you fought for the American dream, now you can guide its future
You joined the military to protect a nation and its people. Let the same passion for making a difference lead you to a new career. At Bank of America, we’re proud that more than 6,800 veterans work for us. They’ve discovered that their desire to help others didn’t end with their service. Here, you’ll help our customers and clients connect to better financial lives.