Rates Macro Product Manager, Vice President/Director

Job title:

Rates Macro Product Manager, Vice President/Director

Company

Bank of America

Job description

Job Description:Company Overview: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!Location Overview:Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.The Team:

• This new role sits within the FICC E-Trading & Market Structure team in Global Markets.
• The horizontal team works across all FICC lines of business, enabling both Bank of America and its clients to benefit from new electronic trading stratgies
• The team works with venues and vendors to identity new use cases and strategic investment opportunities.
• The team partners with colleagues at all levels of Global Markets and collaborates with other teams across Quant, Technology, COO, Legal and Compliance. to bring projects to fruition.

Responsibilities

• Coordinating product development across the Linear Rates platform, encompassing Trading, Pricing, and Risk/PnL.
• Defining product strategy and ensuring alignment with the broader Rates business’s strategy.
• Collaborating with Technology and Quant teams to ensure cohesive and timely delivery of trading functionality.
• Acting as the Product Owner for key trading platform components.
• Overseeing venue and vendor partnerships and acting as a sounding board for strategic investments.
• Leveraging data analytics and changes in market structure to inform product and business strategy.
• Ensuring product development aligns with compliance and governance requirements.

What we are looking for:

• Bachelors-, or equivalent-, level degree, with a preference for STEM or Finance
• Extensive knowledge and experience in Rates products (Bonds, Swaps, Futures)
• Familiarity with the full trading and risk lifecycle in a Principal-trading environment
• Understanding of design best practices in electronic trading and risk
• Excellent organizational skills and an ability to influence change and drive consensus

Skills that will help:

• Understanding of other Fixed Income or Macro products is beneficial.
• Experience with Agile methodologies (Scrum, Scaled Agile) and tooling (Jira) is beneficial.
• Work well in a collaborative team environment and be willing to adapt to new responsibilities

Benefits of working at Bank of America: UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

• Access to an Employee Assistance Program for confidential support and help for everyday matters

• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Expected salary

Location

London

Job date

Fri, 22 Mar 2024 00:28:31 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (tendersglobal.net) you saw this job posting.