Analyst, Rates Trading
Company: Bank of America
Location: New York City
Posted on: April 5, 2026
|
|
|
Job Description:
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! Rates & Derivatives Trading Analyst Overview We are seeking a
junior trading analyst (1–3 years experience) to support interest
rate derivatives and structured products trading. The role offers
exposure to pricing, risk, market analysis, and automation while
working closely with senior traders and structurers.
Responsibilities 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
Qualifications 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
Experience with P&L or risk reporting FINRA licenses 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 information Pay range
$110,000.00 - $125,000.00 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.
Keywords: Bank of America, Parsippany-Troy Hills Township , Analyst, Rates Trading, Accounting, Auditing , New York City, New Jersey
