Global Equities, Derivatives Trading - Index Global Equities, Derivatives Trading - Index …

Bank of America Merrill Lynch
in New York, NY
Permanent, Full time
Last application, 16 Jun 21
Competitive
Bank of America Merrill Lynch
in New York, NY
Permanent, Full time
Last application, 16 Jun 21
Competitive
Global Equities, Derivatives Trading - Index
Job Description:

The BofA Equity Index Derivatives trading team specializes in pricing risk, risk management and hedging within the US and trades a variety of products such as vanilla options, volatility indices, variance swaps and ETFs. The desk is looking for a trader to join the team and assist in pricing risk, position management and helping service Derivatives clients across a broad spectrum of derivatives products.

BofA prioritizes and values diversity in the workplace and drives a culture of inclusiveness across the business. The highest ethical and moral standards are expected to drive responsible growth.

Key Responsibilities:
  • Responsibly manage the risk, pricing and hedging of a portfolio of index and ETF related derivatives products
  • Leverage internal networks and external interdealer brokers, other desks to effectively manage risk and seek market liquidity
  • Execute trades across a variety of equity and fixed income products to effectively and responsibly manage risk
  • Generate ideas, desk axes and partner with sales to help maximize client opportunities
  • Participate in Platform related projects to aid in adding efficiencies and improvements to the Derivatives Business
  • Leverage quant teams and internal analytics teams to improve and optimize risk taking and risk management on the desk

Qualifications:
  • Currently performing a similar role/function with a leading Financial Institution
  • At least 1 year of derivatives trading experience
  • Strong knowledge and understanding of derivatives products and equity/option market structure.
  • Strong Analytical and communication skills are required
  • Programming Skills are not required, however a plus
  • Strong interpersonal skills to work with other trading teams, and sales teams
  • Bachelor's Degree or higher


Job Band:
H6

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
--> Job Description:

The BofA Equity Index Derivatives trading team specializes in pricing risk, risk management and hedging within the US and trades a variety of products such as vanilla options, volatility indices, variance swaps and ETFs. The desk is looking for a trader to join the team and assist in pricing risk, position management and helping service Derivatives clients across a broad spectrum of derivatives products.

BofA prioritizes and values diversity in the workplace and drives a culture of inclusiveness across the business. The highest ethical and moral standards are expected to drive responsible growth.

Key Responsibilities:
  • Responsibly manage the risk, pricing and hedging of a portfolio of index and ETF related derivatives products
  • Leverage internal networks and external interdealer brokers, other desks to effectively manage risk and seek market liquidity
  • Execute trades across a variety of equity and fixed income products to effectively and responsibly manage risk
  • Generate ideas, desk axes and partner with sales to help maximize client opportunities
  • Participate in Platform related projects to aid in adding efficiencies and improvements to the Derivatives Business
  • Leverage quant teams and internal analytics teams to improve and optimize risk taking and risk management on the desk

Qualifications:
  • Currently performing a similar role/function with a leading Financial Institution
  • At least 1 year of derivatives trading experience
  • Strong knowledge and understanding of derivatives products and equity/option market structure.
  • Strong Analytical and communication skills are required
  • Programming Skills are not required, however a plus
  • Strong interpersonal skills to work with other trading teams, and sales teams
  • Bachelor's Degree or higher


Job Band:
H6

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
Job Description:

The BofA Equity Index Derivatives trading team specializes in pricing risk, risk management and hedging within the US and trades a variety of products such as vanilla options, volatility indices, variance swaps and ETFs. The desk is looking for a trader to join the team and assist in pricing risk, position management and helping service Derivatives clients across a broad spectrum of derivatives products.

BofA prioritizes and values diversity in the workplace and drives a culture of inclusiveness across the business. The highest ethical and moral standards are expected to drive responsible growth.

Key Responsibilities:
  • Responsibly manage the risk, pricing and hedging of a portfolio of index and ETF related derivatives products
  • Leverage internal networks and external interdealer brokers, other desks to effectively manage risk and seek market liquidity
  • Execute trades across a variety of equity and fixed income products to effectively and responsibly manage risk
  • Generate ideas, desk axes and partner with sales to help maximize client opportunities
  • Participate in Platform related projects to aid in adding efficiencies and improvements to the Derivatives Business
  • Leverage quant teams and internal analytics teams to improve and optimize risk taking and risk management on the desk

Qualifications:
  • Currently performing a similar role/function with a leading Financial Institution
  • At least 1 year of derivatives trading experience
  • Strong knowledge and understanding of derivatives products and equity/option market structure.
  • Strong Analytical and communication skills are required
  • Programming Skills are not required, however a plus
  • Strong interpersonal skills to work with other trading teams, and sales teams
  • Bachelor's Degree or higher


Shift:
1st shift (United States of America)

Hours Per Week:
40
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