Analyst/Associate, Prime Financing Sales 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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description
This role is responsible for driving data-driven trading, analytics, and automation within the securities financing business. The position combines quantitative analysis, systematic trading, and technology development to optimize PnL, enhance risk management, and support trading and client activities.
The candidate will partner closely with trading, technology, finance, and strategy teams to develop scalable solutions, improve market insights, and support the execution and structuring of transactions across global markets.
Key Responsibilities
Trading, Strategy and Execution
Support sales, trading, and hedging activities, including structuring, pricing, and execution of securities financing transactions
Manage the short book, including pricing, inventory levels, and liquidity planning across hard-to-borrow securities
Establish internal pricing for securities lending and partner with Finance to streamline intercompany PnL processes
Execute and monitor domestic and international equity financing transactions in line with market and regulatory requirements
Assist with day-to-day trading operations, including reconciliation and clearing
Quantitative Analysis and Research
Perform financial, statistical, and quantitative analysis to identify trends and support trading decisions
Conduct market research and develop data-driven insights and recommendations
Develop and maintain models to analyze market behavior, balance sheet usage, and PnL drivers
Run predictive analytics using Python to forecast events and risks within the book
Produce reporting including trend analysis, market color, and performance metrics
Technology, Automation and Data
Develop and maintain trading algorithms and systematic strategies to optimize performance
Build automation and AI-driven solutions to streamline trading workflows and risk monitoring
Partner with technology teams to design and implement automated trading systems
Work with Python, SQL, real-time data feeds, and APIs (including Bloomberg)
Build dashboards and data visualizations (e.g., Tableau) to support decision-making
Product Development and Innovation
Contribute to development of new trading products and identify market opportunities
Collaborate across teams to enhance electronic trading capabilities and scalability
Develop metrics and analytics to better understand market behavior and client demand
Risk and Balance Sheet Management
Monitor and optimize risk exposure, collateral usage, and funding strategies
Support balance sheet and RWA optimization through data-driven approaches
Ensure adherence to internal policies and regulatory requirements
Minimum Qualifications
Bachelor's degree in Finance, Economics, Business Administration, related field, or equivalent work experience
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.
View your "Know your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088\EEOC\KnowYourRights6.12.pdf) " poster.
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
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.
