Associate - Rates & Currencies

Bank of America; San Francisco (CA); On-site; USD 110,000 - 200,000; Full time

Job summary

Bank of America is seeking an Associates in San Francisco to price and execute client transactions across global markets. You will prepare pitches, analyze capital structures, and monitor currency exposures while partnering with trading and relationship teams.

In this role, you’ll develop product knowledge across FX forwards, options, swaps, and rate structures, supporting senior marketers and clients in a fast-paced, market-driven environment.

Qualifications

• Bachelor's degree in finance or related field.
• Strong analytic and organizational skills with attention to detail.
• Proficiency in Microsoft Office and familiarity with market data sources.
• Excellent verbal and written communication skills.
• Ability to multi-task in a fast-paced, market-driven environment.
• Experience in Markets or Finance is preferred.
• Leadership, critical thinking and problem-solving abilities.

Responsibilities

• 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.

Skills

Analytical skills

Organizational skills

Attention to detail

Microsoft Office

Market data familiarity

Verbal communication

Written communication

Multi-tasking

Work ethic

Initiative

Leadership

Critical thinking

Problem solving

Education

BS/BA in finance or related field

Tools

Microsoft Office

Job description

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 information

Pay range

$110,000.00 - $200,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This 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.

Benefits

This 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.