VP, Index Strategy & Portfolio Risk

Bank of America

New York (NY)

On-site

USD 200,000 - 225,000

Full time

13 days ago
Application generator

Turn this role into an interview — a resume and cover letter built around what this employer wants.

Get past ATS filters

Benefits offered by this job

Benefits eligible
Discretionary incentive plan

Job summary

Bank of America is hiring a Vice President, Trader based in New York to analyze and trade index-related events across global portfolios. You will work with Global Portfolio Risk and Agency Trading teams to develop predictive approaches for index rebalances and related corporate actions.

The role requires 6+ years of relevant experience, strong Excel and data-analysis skills, and willingness to learn Python.

Qualifications

  • Experience with index-related trading strategies and market data analysis.
  • Strong Excel proficiency and ability to build models.
  • Python experience is a plus and willingness to learn is required.
  • Analytical mindset with comfort handling large data sets.
  • Strong communication skills for cross-team collaboration.

Responsibilities

  • Collaborate with Global Portfolio Risk and Agency Trading teams.
  • Monitor index events for major indexes (CRSP, Nasdaq, Russell, S&P, FTSE, MSCI, TSX).
  • Run predictions for index rebalances using Excel and Python.
  • Estimate index impact and size of related trades after licensing.
  • Trade index rebalances and manage ongoing workflows.

Skills

Index trading
Excel
Python
Data analysis
Communication
Series Exams

Job description

Bank of America is hiring a Vice President, Trader based in New York to analyze and trade index-related events across global portfolios. You will work with Global Portfolio Risk and Agency Trading teams to develop predictive approaches for index rebalances and related corporate actions.

The role requires 6+ years of relevant experience, strong Excel and data-analysis skills, and willingness to learn Python.

Get your free, confidential resume review.

or drag and drop your file here.

Similar jobs

Similar jobs worth comparing

Vice President, Portfolio Risk Trading
Vice President, Portfolio Risk Trading

Bank of America • New York (NY)

On-site
USD 200,000 - 225,000
Benefits eligible
Discretionary incentive plan
Quantitative Trader, VP - Hybrid NYC
Quantitative Trader, VP - Hybrid NYC

Citi • New York (NY), Northern (KY)

Hybrid
USD 200,000 - 250,000
Medical, dental, vision coverage
401(k) retirement plan
Senior Index Options Trader & Strategy Lead
Senior Index Options Trader & Strategy Lead

Impax Recruitment Ltd • New York (NY)

On-site
USD 180,000 - 320,000
Executive Director, Interest Rate Volatility Trading
Executive Director, Interest Rate Volatility Trading

BBVA • New York (NY)

On-site
USD 250,000 - 300,000
Discretionary bonus
Generous benefits package
VP Quantitative Analyst - Commodities Platform & Indices
VP Quantitative Analyst - Commodities Platform & Indices

Bank of America • New York (NY)

On-site
USD 100,000 - 225,000
VP, Trading Book Analytics & AI Risk Modeling
VP, Trading Book Analytics & AI Risk Modeling

SMBC Group • New York (NY)

Hybrid
USD 152,000 - 195,000
VP, AI & Data Analytics
VP, AI & Data Analytics

Selby Jennings • New York (NY)

On-site
USD 180,000 - 260,000
VP - Equities Market Risk
VP - Equities Market Risk

Selby Jennings • New York (NY)

On-site
USD 180,000 - 260,000
Senior Director, Derivatives Trading
Senior Director, Derivatives Trading

Solomon Page • New York (NY)

On-site
USD 250,000 - 600,000
Senior Python Front Office Developer – Risk & P&L
Senior Python Front Office Developer – Risk & P&L

Bank of America • New York (NY)

On-site
USD 103,000 - 180,000