National Black MBA Association
Senior Bank Funding Trader- Global Funding /Treasury Capital Markets Execution /
National Black MBA Association, Whitehall, New York, United States
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!
This role is on the Global Funding team within Treasury, specifically the Treasury Capital Markets Execution team within Global Funding. Global Funding strives to utilize its global presence to provide efficient funding strategies across the enterprise in the most cost effective manner, while managing the risks associated with those strategies. The Treasury Capital Markets Execution Team is tasked to manage all aspects of debt and capital markets activity to support the liquidity and capital management objectives of the company, supporting market execution, analytics, and governance across a broad set of debt and capital products. The team has responsibility in 4 core Treasury functions: (1) management and execution of market facing funding activities for long‑term products including debt and capital securities, primarily at BAC and Bank of America, NA; (2) partnership with Global Markets for structured notes; (3) analytics for global credit and capital markets as well as the debt and capital security footprint; and (4) relationship management with relevant underwriters across the globe. The activities and capabilities managed by the desk provide critical access to market‑based funding which goes towards achieving GF’s purpose of keeping the Parent and Bank properly funded at all times.
The role requires critical thinking about how the company manages its liquidity and capital footprint through evolving market and regulatory environments with an emphasis on attention to detail, teamwork and strong communication skills. The Treasury group provides an opportunity to gain broad knowledge about the Company and its many businesses as well as the global markets in which we transact. Global Funding employees interact daily with internal and external constituents including business lines, other Treasury functions such as Balance Sheet Management (BSM), Finance, Enterprise Capital Management (ECM) and Global Liquidity Management (GLM), internal control partners, regulators, and market participants.
This role requires critical thinking about the many challenges facing our company and industry with an emphasis on attention to detail, teamwork, and strong communication skills. The Treasury group provides an opportunity to gain broad knowledge about the company and its many businesses as well as the global markets in which we transact. Your day‑to‑day experience will be varied and challenging, and will allow you to extend your skills within various disciplines, such as market analysis, funding/capital/liquidity optimization, and transaction management.
Responsibilities
Reviews and executes on extensive ad‑hoc financial analysis related to funding risks and opportunities
Identifies and implements ongoing process improvements to drive process efficiency and ensure activities are accurate and well‑controlled
Provides coaching and development opportunities to Trading teammates
Develop strategies for funding execution, assessing market capacity, diversification, and financial impacts based on qualitative and quantitative analysis
Manage real‑time deal execution process of debt and capital instrument offerings and communicate relevant deal updates to internal leadership and regulators
Analyze, propose, and execute strategic liability management actions to achieve targeted optimization of key metrics (P&L, NII, regulatory ratios, etc.)
Monitor and analyze trends in the primary and secondary global debt and capital markets, with a primary focus on BAC and peer debt and capital instruments, to provide market insight, communicate risks and actionable recommendations to Global Funding leadership
Engage with external counterparties (syndicate, debt capital markets, traders and diversity firms) on markets and deal‑related dialogue
Maintain knowledge of current and proposed regulations to understand potential market and company‑specific impacts
Monitor market environment and anticipate how external market factors may affect access to funding. React appropriately and elevate key risks
Ensure ready access to market funding sources, including operational preparedness and program documentation necessary to transact across all product capabilities of the desk
Produce liability and capital footprint analytics for management reporting and ad‑hoc financial analysis
Produce concise presentations and email summaries of market analyses and conclusions
Participate in stress testing and recovery and contingency planning exercises, providing expertise on funding dynamics in various scenarios
Prepare routine materials for regulators and coordinate responses to ad‑hoc requests
Perform ad‑hoc projects, financial analysis related to the Company's debt and capital security footprint and prepare management reporting
Implement routines and a robust control environment that achieves compliance with all policies, procedures and directives relating to execution
Engage with Global Markets team to understand structured note forecasts, risks, and opportunities to facilitate responsible growth of business
Required Qualifications
7+ years finance or markets experience (Treasury, Trading, or Strategic Finance)
Understanding of markets, liquidity, financial math and risk
Strong Excel and PowerPoint skills
Strong analytical and decision‑making skills
Critical thinking, attention to detail, analytical and investigative problem solving skills
Work independently, with a team, with minimal supervision and efficiently prioritize tasks
Communicate effectively across a broad range of constituents in verbal, written and presentation forms
Proven success in building and maintaining strong relationships across the Enterprise
Thrive in a fast‑paced, demanding environment, adapt to changing priorities and demonstrate initiative
Inquisitive, willing to challenge the status quo and strive to improve processes
Comfortable leading an initiative as well as playing a support role on a broader team
Desired Qualifications
Undergraduate degree with economics, finance, or quantitative focus
Currently hold/held a Director or Vice President title or equivalent title
Strong understanding of fixed income and currency markets, in particular debt and capital instruments
Familiarity with financial regulatory environment
Bloomberg and other market sources
SQL and/or other advanced data manipulation skills
Tableau
Python
CFA
Skills
Trading Strategy
Causation Analysis
IProfitability Analysis
Stakeholder Management
Business Analytics
Data and Trend Analysis
Problem Solving
Research Analysis
Strategic Thinking
Shift 1st shift (United States of America)
Hours Per Week 40
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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!
This role is on the Global Funding team within Treasury, specifically the Treasury Capital Markets Execution team within Global Funding. Global Funding strives to utilize its global presence to provide efficient funding strategies across the enterprise in the most cost effective manner, while managing the risks associated with those strategies. The Treasury Capital Markets Execution Team is tasked to manage all aspects of debt and capital markets activity to support the liquidity and capital management objectives of the company, supporting market execution, analytics, and governance across a broad set of debt and capital products. The team has responsibility in 4 core Treasury functions: (1) management and execution of market facing funding activities for long‑term products including debt and capital securities, primarily at BAC and Bank of America, NA; (2) partnership with Global Markets for structured notes; (3) analytics for global credit and capital markets as well as the debt and capital security footprint; and (4) relationship management with relevant underwriters across the globe. The activities and capabilities managed by the desk provide critical access to market‑based funding which goes towards achieving GF’s purpose of keeping the Parent and Bank properly funded at all times.
The role requires critical thinking about how the company manages its liquidity and capital footprint through evolving market and regulatory environments with an emphasis on attention to detail, teamwork and strong communication skills. The Treasury group provides an opportunity to gain broad knowledge about the Company and its many businesses as well as the global markets in which we transact. Global Funding employees interact daily with internal and external constituents including business lines, other Treasury functions such as Balance Sheet Management (BSM), Finance, Enterprise Capital Management (ECM) and Global Liquidity Management (GLM), internal control partners, regulators, and market participants.
This role requires critical thinking about the many challenges facing our company and industry with an emphasis on attention to detail, teamwork, and strong communication skills. The Treasury group provides an opportunity to gain broad knowledge about the company and its many businesses as well as the global markets in which we transact. Your day‑to‑day experience will be varied and challenging, and will allow you to extend your skills within various disciplines, such as market analysis, funding/capital/liquidity optimization, and transaction management.
Responsibilities
Reviews and executes on extensive ad‑hoc financial analysis related to funding risks and opportunities
Identifies and implements ongoing process improvements to drive process efficiency and ensure activities are accurate and well‑controlled
Provides coaching and development opportunities to Trading teammates
Develop strategies for funding execution, assessing market capacity, diversification, and financial impacts based on qualitative and quantitative analysis
Manage real‑time deal execution process of debt and capital instrument offerings and communicate relevant deal updates to internal leadership and regulators
Analyze, propose, and execute strategic liability management actions to achieve targeted optimization of key metrics (P&L, NII, regulatory ratios, etc.)
Monitor and analyze trends in the primary and secondary global debt and capital markets, with a primary focus on BAC and peer debt and capital instruments, to provide market insight, communicate risks and actionable recommendations to Global Funding leadership
Engage with external counterparties (syndicate, debt capital markets, traders and diversity firms) on markets and deal‑related dialogue
Maintain knowledge of current and proposed regulations to understand potential market and company‑specific impacts
Monitor market environment and anticipate how external market factors may affect access to funding. React appropriately and elevate key risks
Ensure ready access to market funding sources, including operational preparedness and program documentation necessary to transact across all product capabilities of the desk
Produce liability and capital footprint analytics for management reporting and ad‑hoc financial analysis
Produce concise presentations and email summaries of market analyses and conclusions
Participate in stress testing and recovery and contingency planning exercises, providing expertise on funding dynamics in various scenarios
Prepare routine materials for regulators and coordinate responses to ad‑hoc requests
Perform ad‑hoc projects, financial analysis related to the Company's debt and capital security footprint and prepare management reporting
Implement routines and a robust control environment that achieves compliance with all policies, procedures and directives relating to execution
Engage with Global Markets team to understand structured note forecasts, risks, and opportunities to facilitate responsible growth of business
Required Qualifications
7+ years finance or markets experience (Treasury, Trading, or Strategic Finance)
Understanding of markets, liquidity, financial math and risk
Strong Excel and PowerPoint skills
Strong analytical and decision‑making skills
Critical thinking, attention to detail, analytical and investigative problem solving skills
Work independently, with a team, with minimal supervision and efficiently prioritize tasks
Communicate effectively across a broad range of constituents in verbal, written and presentation forms
Proven success in building and maintaining strong relationships across the Enterprise
Thrive in a fast‑paced, demanding environment, adapt to changing priorities and demonstrate initiative
Inquisitive, willing to challenge the status quo and strive to improve processes
Comfortable leading an initiative as well as playing a support role on a broader team
Desired Qualifications
Undergraduate degree with economics, finance, or quantitative focus
Currently hold/held a Director or Vice President title or equivalent title
Strong understanding of fixed income and currency markets, in particular debt and capital instruments
Familiarity with financial regulatory environment
Bloomberg and other market sources
SQL and/or other advanced data manipulation skills
Tableau
Python
CFA
Skills
Trading Strategy
Causation Analysis
IProfitability Analysis
Stakeholder Management
Business Analytics
Data and Trend Analysis
Problem Solving
Research Analysis
Strategic Thinking
Shift 1st shift (United States of America)
Hours Per Week 40
#J-18808-Ljbffr