Associate/VP, Trading Strategist, GM Capital and Funding (m f x)

Associate/VP, Trading Strategist, GM Capital and Funding (m f x) London

Trader Vollzeit ohne Führungsaufgaben mit betrieblicher Altersvorsorge

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Company 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 a diverse and 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.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

The Capital and Funding team is responsible for understanding, advising on, and optimizing the capital and funding requirements of Bank of America both at the top of the house and at the legal entity level. This understanding has to span the existing regulatory framework such as Basel 3 RWA under both advanced and standardized approaches and the liquidity coverage ratio (LCR), as well as pending regulations including the fundamental review of the trading book (FRTB) and net stable funding requirement (NSFR). This requires the ability to read and understand regulation and how it applies to the business as well as how to interrogate trade data to understand impacts to the business.

Role in the Global Markets Capital and Funding team. Be responsible for working with the product trading lines of business to efficiently deploy scarce financial resources and to help develop appropriate trading strategies. This is to enable our clients to buy and sell financial products, raise funding and manage risk.

1. Advise senior management about the current state of the financial resource and/or capital and funding related regulatory environment
2. Responsibility for analysing and presenting to management the allocation and drivers of capital, balance sheet and liquidity utilization
3. Drive firm-wide initiatives to improve financial metric reporting and optimization
4. Develop and implement financial resource management strategies to achieve revenue goals
5. Advise business on financial resource and/or regulatory impact of specific transactions
6. Review model logic to ensure assumptions reflect market dynamics
7. Provide peer analysis, market colour, and generate optimization ideas
8. Demonstrate excellent analytical, quantitative, and problem-solving skills
9. Possess technical skills to digest large data sets and deliver concise insights
10. Experience with the firm's risk and booking systems is preferable
11. Good critical reading skills to understand regulation and business impact
12. Attention to detail when reviewing calculator and model logic
13. Ability to communicate complex topics with senior trading staff
14. Experience managing projects and governance routines
15. Anticipate the financial resource requirements of trading businesses