Bank of America is looking to manage risk and trading activities, optimize market risk, and provide pricing and liquidity for clients in emerging markets.
Requirements
- Executing trades, managing risk, and providing pricing for Latin American interest rate swaps and local sovereign bonds, both nominal and inflation-linked, to maintain liquidity and support client needs;
- Managing risk in emerging market cross-currency basis, focusing on specific convertibility risks to ensure effective hedging and exposure mitigation;
- Mitigating cross-border risk and access local markets to optimize liquidity and enhance market opportunities;
- Originating, structuring, and distributing macro–Emerging Markets products to meet client needs and capitalize on market opportunities.
Responsibilities
- Work on risk management and trading activities with limited direction from more senior staff.
- Handle workflow from front to back, including quotes, hedges, trades, and downstream processes to minimize operational risks while optimizing market risk.
- Generate replication strategies across asset classes.
- Conduct profit and loss and risk reconciliation.
- Handle EM risk including illiquid inventory of an ample variety of basis.
- Make market in liquid EM risks and illiquid structured products providing liquidity to clients.
- Execute trades, manage risk, and provide pricing for Latin American interest rate swaps and local sovereign bonds, both nominal and inflation-linked, to maintain liquidity and support client needs.
Other
- Master's degree or equivalent in Business Administration, Statistics, and Finance or related: and
- 3 years of experience in the job offered or a related Finance occupation.
- In the alternative, the employer will accept a Bachelor's degree and 5 years of progressively responsible experience.
- 10% international and domestic travel required, as necessary.
