US Rates Research Analyst - Global Research

Bank of America; New York (NY); On-site; USD 70,000 - 115,000; Full time

Job summary

A leading financial institution is seeking a Research Analyst to support its US rates strategy team. This role involves conducting thorough market and economic analysis to inform trading strategies, while collaborating with sales teams and stakeholders to enhance client relationships. The ideal candidate will possess a strong analytical background with excellent communication skills.

Benefits

Industry-leading benefits

Access to paid time off

Discretionary incentive eligibility

Qualifications

• 1-2 years of experience in relevant field with interest in US interest rates.
• Background in economic and financial market analysis.
• Proven ability to handle large data sets.

Responsibilities

• Conduct macroeconomic and market analysis for trade ideas.
• Support thematic research focusing on monetizable ideas.
• Assist in producing weekly research on interest rates.

Skills

Communication

Analytical Skills

Attention to Detail

Organizational Skills

Statistical Analysis

Education

Bachelor’s Degree in Finance, Economics, Statistics or related

Tools

R

Matlab

Job description

Job Description:

The US rates strategy group is responsible for generating financial market research, forecasts, and trade ideas across US & Canadian rates markets. The team covers duration, curve, front end, inflation protected securities, spreads, agency debt, vol, and supply / demand topics. The team partners with key business partners across sales & trading + other business lines throughout the firm. We are looking for someone to support the team & develop into a strong research analyst.

Responsibilities:

• Serve as key member of Bank of America interest rate strategy team and in support of team production
• Work closely with senior members of the team in markets analysis & research production
• Conduct macroeconomic, market, and interest rate analysis to formulate views and trades in the rates market
• Support stand-out thematic research with a focus on trade idea generation and monetizable ideas across US rates
• Assist in production of weekly research pieces on macro and micro views on wide range of factors affecting interest rates including monetary policy, fiscal policy and global macro-economic developments
• Work with the sales force in maintaining relationships with clients by updating with latest market developments, conference calls and one-on-one meetings
• Use applied statistics to help generate and inform views
• Periodic travel may be required

Qualifications:

• Bachelor’s Degree (Finance, Economics, Statistics or related) or equivalent years of experience
• 1-2 years of experience in relevant field + demonstrated interest in US interest rates / macroeconomics
• Background in economic & financial market analysis + applied statistics / econometrics
• Demonstrated ability to manage large data sets and conduct macro & financial markets analysis
• Excellent communication (written & verbal), presentation, & interpersonal skills
• Meticulous attention to detail and strong work ethic are required
• Proven organizational and time management skills as well as ability to work under pressure
• Capable of working effectively both independently and with multiple teams/individuals
• Familiarity in R or Matlab is a plus, but not required

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$70,000.00 - $115,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.