Director / Senior Trader

RESPONSIBILITIES:

• Work independently and is responsible for risk management and trading activities.

• Execute transactions in accordance with established trading strategies and risk parameters.

• Apply knowledge of product area including market liquidity and volatility, pricing, and trading/hedging strategies.

• Drive desk profitability by structuring new issue ideas for clients and managing the global secondary trading business.

• Contribute to the formulation of desk strategies for global business growth, client engagement, risk management framework, and profitability.

• Perform pricing of large incoming client trades from a funding perspective.

• Provide technical and product support to more junior associates.

• Develop, manages and improves key technical and quantitative infrastructure to support the business.

• Monitor changes in the regulatory framework and work with Internal Compliance, Legal and Product Control to ensure adherence to rules, laid down by SEC, FINRA and other relevant regulatory authorities.

• Perform Relative Value Analysis on Structured Notes Deals versus Public Vanilla Benchmarks and execute hedges in the Interest Rate Derivatives market to lock in economics and profits.

• Perform Fundamental Valuation Analysis for Structured Notes utilizing Bloomberg Valuation Tools and pricing models and executing Interest rate swaps and Credit Default Swaps to hedge market risks.

• Assess existing policies on SEC Registered Issuances, Euro MediumTerm Notes, and REGS and ensuring business operates within the framework.

• Utilize data analysis to structure new issuances and secondary trading ideas including switches, extensions, buybacks and restructurings.

• Manage Price Publishing tools, Risk Analytics, Exception reports, and Price Validation/Testing utilizing public Interest Rate and Credit market to provide daily pricing and assess tradeable bids.

REQUIRED SKILLS & EXPERIENCE:

• Master's degree or equivalent in Business Administration, Finance, Economics, or related: and

• 4 years of experience in the job offered or a related Finance occupation.

• Must include 4 years of experience in each of the following:

• Performing Relative Value Analysis on Structured Notes Deals versus Public Vanilla Benchmarks and execute hedges in the Interest Rate Derivatives market to lock in economics and profits;

• Performing Fundamental Valuation Analysis for Structured Notes utilizing Bloomberg Sensitivity: Confidential Valuation Tools and pricing models and executing Interest rate swaps and Credit Default Swaps to hedge market risks;

• Assessing existing policies on SEC Registered Issuances, Euro Medium Term Notes, and REGS and ensuring business operates within the framework;

• Utilizing data analysis to structure new issuances and secondary trading ideas including switches, extensions, buybacks and restructurings;

• Managing Price Publishing tools, Risk Analytics, Exception reports, and Price Validation/Testing utilizing public Interest Rate and Credit market to pro vide daily pricing and assess tradeable bids.

• 15% domestic and international travel, as necessary.

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

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$300,000.00 - $300,000.00 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.

Client-provided location(s): New York, NY

Job ID: BankOfAmerica-JR-25031386

Employment Type: FULL_TIME

Posted: 2025-07-25T22:33:26