Associate - Rates & Currencies
$110k - $200kBank of America
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
Business Overview
BofA Securities has one of the largest corporate client footprints globally which we leverage to market currency and interest rate derivative solutions to solve risk management issues for these clients and generate revenue for the bank.
Rates & Currencies Solutions
An integrated sales team, with offices in New York, Chicago, and San Francisco, responsible for providing hedging strategies for underlying foreign exchange and interest rate exposures, collaborating across the Global Corporate & Investment Bank (GCIB) and Global Commercial Bank (GCB) and regularly updating and informing clients on relevant news and activity related to global markets.
Overview
Associates are active deal team members responsible for pricing and executing transactions for clients across global regions & industries, working closely with trading and Relationship Managers in GCIB and GCB. Specific responsibilities include:
Prepare client pitch materials, fixed/floating capital structure analysis, currency exposures, economic and market updates
Responsible for trade modeling, execution, booking and processing
Work alongside senior marketers to provide interest rate and currency risk management advice to clients
Develop an understanding across a variety of products such as FX forwards, options, cross currency swaps, interest rate swaps, caps, floors, etc.
Work closely with Relationship Managers, Wholesale Credit, Risk and Global Markets Trading partners
Qualifications
BS/BA required, concentration in finance or related degree preferred
Strong analytical and organizational skills; focus on attention to detail
Highly proficient with Microsoft Office programs, familiarity with market data sources
Clear verbal and written communication skills
Ability to multi-task in a dynamic market driven environment, and work with multiple people while balancing priorities
Strong work ethic, initiative, and deep desire to learn and strengthen individual skill set
Previous experience in Markets and/or Finance
Intellectually curious with strong problem solving skills
Leadership skills and ability to be a critical thinker
Shift:
1st shift (United States of America) Hours Per Week:
40 Pay Transparency details
US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$110,000.00 - $200,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.
Vacancy posted 7 hours ago
Similar jobs that could be interesting for youBased on the Associate - Rates & Currencies in New York, NY vacancy
$225k
...Analyst to join our New York Quant team supporting the Latin America Rates and FX business. This role sits at the intersection of... ...interest rate and FX products, including interest rate swaps, cross-currency swaps, FX forwards/NDFs, sovereign bonds, repos, and money...SuggestedHourly payContract workWork experience placementLocal areaShift work- ...Assist with consolidation of global results Update monthly FX rates in the financial system Help maintain the FP&A reporting... ...to have: - Qube experience (highly preferred) Global consolidation or multi-currency reporting experience - Exposure to M&A anal...Suggested
$150k - $200k
...advanced models and systems that power trading in USD interest rate swaps. As a quantitative strategist focused on algorithmic market... ...for the role will be between $150,000 - $200,000 per year for Associate and between $225,000 - $250,000 for Vice President at the...SuggestedFull timeTemporary work$150k - $250k
...Department ProfileThe Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in... ....The SPG Trading team is looking for an experienced Associate to VP to join the Collateralized Mortgage Obligation (CMO) /...SuggestedTemporary workWorldwide$150k - $200k
...culture.The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in... ...derivative commodity risk.The xVA Trading Desk is looking for an Associate or Vice President level Trader. The xVA business is...SuggestedTemporary workWorldwide$150k - $200k
...Department ProfileThe Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in... ...and $200,000 per year at the commencement of employment for Associate and between $160,000 and $250,000 per year at the...Full timeTemporary workWorldwide$27 - $30 per hour
Business Unit : Company 3 Position : Producer, Associate Location : New York, NY (Hybrid) Requisition Number: 1062 *Pay Range... ...experience, skills, seniority, geographic location, local currency exchange rates, performance, shift, travel requirements, sales or revenue-...Hourly payFull timePart timeWork at officeLocal areaFlexible hoursShift workWeekend work$110k - $125k
...The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in... ...The SPG Trading team is looking for an experienced Analyst to Associate level candidate to join the team. Primary Responsibilities...Temporary workWorldwide$100k - $150k
...Institutional Securities Group (“ISG”) and is comprised of Interest Rate and Currency Products, Credit Products, Commodities, Repo, and TBAs and... ...and repo trading agreements.We are open to hiring at the Associate or Vice President levels, based on relevant experience. The...Contract workTemporary workWorldwide$140k - $171k
## Associate, Systematic Credit Research QuantApplylocations: New York, NYtime type: Full timeposted... ...and financial engineering • Knowledge of flow rates mechanics and product valuation (swaps / bonds / futures / cross currency swaps) • Understanding of trade sensitivities...Work experience placementWork at officeRemote workNight shift$135k - $160k
...excel at—all from Day One.Job DescriptionThe Derivatives Associate works as a member of the Macro Rates Sales team to demonstrate and design derivative... ...applications, including swaps, swaptions, caps, floors, cross currency, and treasury locks.Strong analytical and problem-...Full timeLocal area$130k
...make a real impact. What the role entails: TKD seeks an associate to join our Corporate & Securities Practice Group. We’re looking... ...minimum of $130,000 to a maximum of $215,000. The actual salary rate offered to candidates within that range will depend on a...Work at officeRemote workMonday to Friday$130k
...We are offering an exceptional opportunity for a matrimonial associate to become a key part of our Matrimonial & Family Law Practice.... ...a minimum $130,000 to a maximum of $215,000. The actual salary rate offered to candidates within that range will depend on a variety...Work at officeRemote workMonday to FridayFlexible hours- ...Quantitative Researchers who work to transform the Fixed Income, Currencies, and Commodities (FICC) business through quantitative trading.... ...central risk book (CRB), across product types such as Interest Rates (IR), Foreign Exchange (FX), and Commodities. Our trade horizon...
- ...Job Description Job Description We're looking for Parts Associates with a minimum of 6 months of professional automotive parts experience... ...to our own Mom. Period. To make sure our cars are in first-rate condition, we've built multiple vehicle Reconditioning Centers...
$175k - $210k
...Primary CMBS Trader Corporate Title : Associate Department: Global Markets-SP Location... ...classes, including equities, fixed income, currencies, and commodities. The team's focus on... ...structuring Established relationships with rating agencies, accounting firms and B-piece...WorldwideRelocation package$150k - $200k
...broad range of products and services in the global interest rates, credit, currency, equities & commodity markets. Global Markets help their... ...conversations and meetings, and media appearances. The Associate will focus on supporting the coverage of the Software sector...Full timeWork at office- ...JOB OVERVIEW The Associate, Asset Management is a key member of the Asset Management team, supporting both the Technical and Compliance... ...MyPower Corp. Mitsui holds a robust balance sheet and an “A” credit rating from Standard & Poor’s. ForeFront Power is an equal...Full timeContract workFor contractorsWork at officeLocal areaRemote workFlexible hours
- ...Private Credit Associate, Energy Transition | New York Our client is a global alternative investment manager with nearly four decades... ...structure and raise debt and tax equity, including lender models and ratings agency materials Monitor and help monetize portfolio...
- ...Exceptional litigators capable of leading high priority, high exposure cases from start to finish Compensation models, billing rates, and cost structures will be addressed once the candidate profile is narrowed. What We Offer Exposure to global clients and...Remote work
- ...Portfolio Associate – Credit Risk & Portfolio Management Seeking a Portfolio Associate to support the management and monitoring of a... ...developments, and covenant compliance concerns. Maintain risk ratings and recommend changes based on evolving borrower fundamentals....Full time
- ...movement. About you and the role August is seeking an Associate to join its fast-growing team in New York or Los Angeles. You... ...inclusion are integral to August achieving its goals: delivering first-rate client service and fostering an environment where all our team...Full timeWork experience placementWork at office
- ...Mark'. Role Description We are seeking an experienced Associate Principal – Insurance Strategy & Analytics with deep Insurance... ...partnering with pricing and actuarial teams on initiatives related to rate optimization, renewal pricing strategy, retention, persistency,...Full time
$125k - $140k
...you’ll do in the role:Morgan Stanley Bank, N.A. is seeking an Associate, Risk/Policy Management in New York, New York to develop Power... ...globe, please copy and paste into your browser.Expected base pay rates for the role will be between $125,000 and $140,000 per year at...Temporary workRemote workWorldwide2 days per week$130k - $150k
...DescriptionSummaryAres is looking for a highly motivated Senior Associate to join its Investment Operations team and play a critical role... ...issuer, borrower, guarantor, facility type, spread, base rate, floor, maturity, payment frequency, day count, amortization, original...Full timeTemporary workWork experience placementWork at officeFlexible hours$365k - $420k
...services industry.What’s on OfferExposure to sophisticated cross-border energy and infrastructure matters.Hybrid working arrangement.First-rate training and development opportunities.Inclusive and supportive working environment.Competitive compensation and benefits package....Worldwide- ..., and what we stand for as a firm.KPMG is currently seeking an Associate to join our Tax practice.Responsibilities:Provide strategic support... ...for assigned clients, including determining correct bill rates and chargeable hours, proactively initiating and managing billing...Work experience placementWork at officeLocal area
$150k - $185k
...growing industry.Job DescriptionThe Global Capital Solutions (“GCS”) team is seeking an Associate or Senior Associate to support the structuring, execution and distribution of Ares’ rated product offerings across the platform. The role will be primarily focused on rated...Full timeTemporary workWork experience placementFlexible hours- ...structuring and optimize risk-adjusted returns. Assist with the development and negotiation of key transaction terms, including advance rates, eligibility criteria, portfolio concentration limits, collateral performance requirements, and financial covenants, to...Full timeFlexible hours
$24k
...0 days as a Preliminary Employment Program (“PEP”) Prospective Associate, you will be eligible for medical insurance through our company... ...Plan (medical, dental, and vision insurance at company-subsidized rates (as applicable)); 401(k) Plan with company match; Employee...Full timeTemporary workLocal areaRemote work
Do you want to receive more vacancies?
Subscribe and receive similar vacancies to Associate - Rates & Currencies. Be the first to apply!
Related searches
- senior associate vice president New York, NY
- warehouse shipping receiving associate New York, NY
- associate analyst New York, NY
- gift shop associate New York, NY
- policy associate New York, NY
- associate buyer New York, NY
- case management associate New York, NY
- associate degree computer science New York, NY
- senior associate attorney New York, NY
- mobile associate retail sales New York, NY






