Director, FX Options Trader

Bank of America; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

Bank of America seeks an experienced individual for a role focused on managing risk and trading activities. This position involves collaborating with global teams to assist clients in executing trades while adhering to regulations. Key qualifications include extensive knowledge of market dynamics and risk management.

Qualifications

• In-depth knowledge of risk management and trading strategies is required.
• Ability to collaborate with global sales teams and execute trading activities.

Responsibilities

• Proactively maintain and build client relationships.
• Execute trading activities in compliance with regulations and standards.
• Act as a market maker by buying and selling financial instruments.

Skills

Risk Management

Trading Strategies

Market Dynamics

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This role involves managing risk and developing trading activities with limited supervision from senior staff. Key responsibilities include proactively maintaining and building client relationships, supporting clients with buying and selling financial products, and implementing trading strategies to meet revenue targets. The role requires in-depth knowledge of risk management, hedging, trading strategies, and market dynamics.

Responsibilities:

• Collaborate with global sales teams to assist clients in executing trading activities, sharing insights on current market conditions
• Execute trading activities in compliance with federal regulations, industry standards, and other requirements, ensuring accuracy and efficiency
• Assign accounts to predefined trading models and manage trades according to product guidelines
• Act as a market maker by buying and selling financial instruments within established trading strategies and risk limits