Associate - Rates & Currencies

Bank of America•San Francisco, NY

1d•$110,000 - $200,000•Onsite

About The Position

At Bank of America, the Rates & Currencies Solutions team provides currency and interest rate derivative solutions to corporate clients to address risk management needs and generate revenue for the bank. The integrated sales team operates from offices in New York, Chicago, and San Francisco, collaborates across the Global Corporate & Investment Bank and Global Commercial Bank, and keeps clients informed about relevant global markets news and activity. Associates are active deal team members who price and execute transactions for clients across regions and industries. They work closely with trading teams, Relationship Managers, and senior marketers to provide interest rate and currency risk management advice. The role covers products including FX forwards, options, cross-currency swaps, interest rate swaps, caps, and floors. This is a first-shift role with a 40-hour workweek. The position is based at the listed Bank of America offices in San Francisco or New York. The annualized pay range is $110,000 to $200,000, with offers determined by experience, education, and skill set. The role is eligible for an annual discretionary incentive plan and benefits, including paid time off.

Requirements

Bachelor of Science or Bachelor of Arts degree required.
Strong analytical and organizational skills, with attention to detail.
High proficiency with Microsoft Office programs and familiarity with market data sources.
Clear verbal and written communication skills.
Ability to multitask in a dynamic, market-driven environment, work with multiple people, and balance priorities.
Strong work ethic, initiative, and desire to learn and strengthen individual skills.
Previous experience in Markets and/or Finance.
Strong problem-solving skills and intellectual curiosity.
Leadership skills and ability to think critically.

Nice To Haves

A concentration in finance or a related degree is preferred.

Responsibilities

Prepare client pitch materials, fixed/floating capital structure analysis, currency exposure analysis, and economic and market updates.
Model, execute, book, and process trades.
Work alongside senior marketers to provide interest rate and currency risk management advice to clients.
Develop understanding across products including FX forwards, options, cross-currency swaps, interest rate swaps, caps, and floors.
Work closely with Relationship Managers, Wholesale Credit, Risk, and Global Markets Trading partners.