Vice President, US Interest Rates Strategy

Bank of America; New York (NY); On-site; USD 200,000 - 225,000; Full time

Benefits offered by this job

Discretionary incentive

Annual bonus

Benefits eligible

Job summary

Bank of America in New York is seeking an experienced market researcher to conduct macroeconomic and financial market analysis, develop market views, and propose trade ideas. You will analyze capital structures, investment opportunities, and credit risk using quantitative research and NLP data, collaborating with senior strategists and the sales team.

The role emphasizes back-testing strategies, communicating insights to clients, and managing research priorities across teams while supporting

Qualifications

• Minimum four years of equity research, wholesale credit, buy-side or investment banking experience.
• Strong quantitative analysis and programming experience.
• Proficient in finance, accounting, economics and global markets.
• Excellent communication and collaboration with clients.

Responsibilities

• Develop market views and trade ideas from macro research.
• Analyze capital structures, investments, and credit risk.
• Back-test investment strategies and leverage NLP data.
• Communicate findings to clients and sales teams.
• Collaborate across teams while prioritizing research deliverables.

Skills

Quantitative analysis

Statistical analysis

Client communication

MS Office

Financial modeling

Education

Bachelor's Degree in Finance/Economics/Statistics or related

Tools

R

MATLAB

Database management

Job description

Company 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!

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well‑being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Role Overview

Conduct macroeconomic, financial market, and U.S. interest rate analysis to develop market views and trade ideas. Analyze capital structures, investment opportunities, and credit risk using quantitative and fundamental research. Monitor market developments and evaluate their potential impact on rates, securities, and investment strategies. Apply statistical and econometric techniques to large datasets to support research and investment insights. Develop and back‑test investment strategies using traditional and alternative data, including Natural Language Processing datasets. Partner with senior strategists to produce thematic and recurring research on monetary policy, fiscal policy, and global macroeconomic developments. Support client engagement by communicating market views, research findings, and trade ideas in partnership with the sales team. Collaborate across teams while independently managing research priorities and deliverables. Leverages insights gathered from research to provide recommendations on the purchase, sale, or holding of securities to institutional clients.

Required Qualifications

• Minimum of four years of experience in equity research, wholesale credit, buy side experience, or investment banking experience.
• Experience with quantitative analysis and database management.
• Experience with macroeconomic modeling and statistical and quantitative analysis.
• Understanding of finance, accounting, economics, international affairs and politics.
• Builds strong client relationships through effective communication and collaboration.
• Executes multiple tasks simultaneously.
• Applies learnings and adapts new information to identify appropriate client solutions.
• Strong computer application skills, including Microsoft Office.
• Demonstrates willingness to travel.

Desired Qualifications

• Holds or is working towards a Chartered Financial Analyst and/or other relevant professional certifications.
• Experience with data analysis using quantitative research and programming.
• Experience with sell side research, established content generation and/or presentation franchise.
• Familiar with R/Matlab.

Minimum Education Requirement

Bachelor’s Degree required (Finance, Economics, Statistics or related).

Shift and Hours

Shift: 1st shift (United States of America) Hours Per Week: 40

Pay and Benefits

• Pay Transparency details US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
• Pay range $200,000.00 - $225,000.00 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.

Links

• Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice
• Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency

Values and Impact

Partnering Locally. Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact. Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion. Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values. Learn about our four values that represent what we believe.