Analyst​/Associate, Rates & Derivatives Trading

Overview

Bank of America is guided by a common purpose to help make financial lives better through the power of every connection. We foster an inclusive workplace and provide benefits to support our teammates’ physical, emotional, and financial wellness. This role is part of Rates & Derivatives Trading and offers exposure to pricing, risk, market analysis, and automation while working closely with senior traders and structurers.

• Support pricing and risk management for USD rates derivatives and structured products
• Assist with daily P&L reporting, attribution, and risk monitoring
• Maintain volatility, correlation, and market parameter grids
• Support trade lifecycle events (expiries, fixings, cancellations)
• Analyze market data and macro releases to support trade ideas
• Build and maintain basic analytical and automation tools in Python and Excel
• Collaborate with trading, structuring, and risk teams on ad hoc analysis

• 1–3 years’ experience in trading, markets, or a related quantitative role
• Bachelor’s degree in Finance, Economics, Math, Statistics, or similar; or equivalent work experience
• Strong Excel skills; familiarity with Bloomberg
• Working knowledge of Python
• Foundational understanding of fixed income and interest rate products
• Strong attention to detail and interest in financial markets
• Preferred:
  Exposure to derivatives or structured products
• Preferred:
  Experience with P&L or risk reporting
• FINRA licenses (as applicable)

• Shift: 1st shift (United States of America)
• Hours per week: 40
• Pay range: $ - $ annualized salary, with offers determined based on experience, education and skill set
• Discretionary incentive eligible; annual discretionary award based on performance

Privacy Statement:

Bank of America is committed to Responsible Growth and being a Great Place to Work. We value diverse perspectives and offer competitive benefits to support our teammates and communities. This information is provided for job context and does not replace official postings.