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 an 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.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
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Job Description:
We are seeking an experienced Associate or Vice President to join our single name options trading desk. The successful candidate will focus on trading and managing volatility in single name equity options, supporting both client flow and inventory warehousing activities.
Key Responsibilities:
- Execute and manage single name equity options portfolio with emphasis on volatility strategies.
- Monitor and hedge option risk effectively.
- Analyze market drivers, news, and events impacting individual equities.
- Collaborate closely with sales, research, and risk teams to optimize customer facilitation and inventory management.
- Ensure compliance with internal controls and regulatory requirements.
- Drive improvements in technology and volatility analytics to enhance trading efficiency
Qualification:
- 2-7 years experience working in trading performing the skills listed under key responsibilities.
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$110,000.00 - $225,000.00 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.