Key responsibilities of the Trading Assistant

Trading Assistants provide direct support to the Front Office, encompassing a range of activities critical to the smooth operation of trading activities. These responsibilities include:

• Trade Capture: Ensuring all trades,including bonds,futures,FX,and OTC derivatives,are accurately and promptly recorded.
• Funding: Managing funding-related tasks to support trading activities.
• Amendment: Handling trade amendments as necessary.
• Sales Workflow: Supporting the sales team with their workflow.
• Auctions: Assisting with auction-related activities.
• Ad-hoc Business Support: Providing miscellaneous support such as handling New Product Reviews (NPRs), New System Technology (NST), management information Systems (MIS), data gathering, acting as a tech liaison, and participating in projects and change management.
• Operational query Resolution: Addressing and resolving all associated operational queries, including trade reconciliations, and coordinating with trading, sales, operations, and finance teams.
• Internal Client Interaction: Responding promptly to internal client queries regarding trade bookings.
• Interdepartmental Liaison: Liaising with other internal departments to ensure timely resolution of feeding and other risk issues.
• Project Involvement: Participating in ad hoc projects for new processes or initiatives.
• Real-time Coordination: Maintaining real-time coordination and interaction with traders throughout the trade capture and risk validation processes. The TA is responsible for ensuring applicable Trade Order (TO) completeness and accuracy controls are performed in a timely and accurate manner.
• Control partner Engagement: Serving as the first point of contact for queries related to trade bookings, P&L/Risk exceptions, or any ad-hoc requirements from other teams.

Ideal Candidate Profile

Bank of America seeks a dynamic candidate who is quantitative, analytical, proactive, and a team player. The ideal candidate should be able to work under pressure and to tight time constraints, with excellent attention to detail. Strong communication and interpersonal skills are essential, as the position requires daily liaison with many different groups across the institution.

The candidate must possess good knowledge of rates derivatives products and demonstrate maturity, a sense of urgency, and a good understanding of derivatives sales and trading flows.

Key Attributes and Skills

• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
• Excels in working among diverse viewpoints to determine the best path forward.
• Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner.
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.

Bank of America’s Commitment

Bank of America emphasizes its commitment to its employees, stating: 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.

The company also highlights its dedication to being a great place to work,which includes:

• Being an inclusive workplace.
• attracting and developing extraordinary talent.
• Supporting teammates’ physical, emotional, and financial wellness.
• Recognizing and rewarding performance.
• Making an impact in the communities served.

Bank of america believes that Being a Great Place to Work is core to how we drive Responsible Growth.

The company encourages potential applicants by stating, At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. join us!