Vice President, Convertible Bond Trader
New York, New York
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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.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
As a Junior Trader on the Convertible Bond Trading Desk, you will support senior traders in risk management, execution, and market analysis across global convertible bond markets. You will work closely with trading, sales, research, and operations teams to help deliver liquidity, pricing, and hedging solutions to institutional clients. This role is designed to build strong product knowledge, execution skills, and risk awareness within a fast-paced trading environment.
Key Responsibilities:
Support day-to-day trading and risk management of convertible bond positions
Assist with execution of convertible bonds, equity hedges, and related derivatives
Monitor and help manage delta, gamma, vega, credit, and interest-rate exposures
Track borrow availability, financing costs, and dividend risk for equity hedges
Analyze relative value across convertibles, equities, options, and credit instruments
Provide market color and liquidity updates to senior traders and sales
Maintain and update risk, P&L, and position reports
Support lifecycle management of trades from booking through settlement
Assist in identifying trading opportunities driven by volatility, corporate actions, or capital markets activity
Collaborate with operations, risk, and technology teams to ensure accurate trade processing
Develop product knowledge through live trading exposure and mentorship from senior traders
Required Skills & Experience:
Bachelor's degree or equivalent work experience
Strong interest in convertible bonds, equity derivatives, and capital markets
Understanding of equity, options, and fixed-income fundamentals
Comfort working with risk metrics such as delta, gamma, vega, and credit spreads
Proficiency with Bloomberg and Excel for market monitoring and analysis
Strong quantitative, analytical, and problem-solving skills
Ability to work under pressure in a fast-moving trading environment
Clear communication skills and willingness to learn from senior team members
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
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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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
