Associate – FX & Rates Strategy and Economics

at  Bank of America

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. 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!

REQUIREMENTS

• 3-5 years’ experience trading fixed income, as a quantitative analyst, FX/ rates strategist or as an economist.
• A Bachelor’s degree in economics, quantitative finance or a statistics, pure mathematics or a STEM field.
• A strong interest in developing a working knowledge of economics, the money, bonds, swaps & bond futures market and producing trade recommendations for clients.
• Strong modelling, advanced statistical analysis and programming skills are essential.
• Demonstrated skill in written communication and the ability to critically interrogate economic or market data.
• An interest in producing high quality trade recommendations to support Bank of America’s clients.
• Important to this role is an inquiring nature and ability to think logically while expressing your views clearly and in an engaging manner.
• Creative thinking: Ability to generate new ideas and possibilities, and to see business opportunities from a novel perspective.
• Flexibility: The capacity to adapt approach considering shifting priorities or changing conditions.
• Team Orientation/ Teamwork/ Collaboration: The willingness to work as a member of a team and to manage competing priorities on a day-to-day basis.

• Identify, develop, and maintain alpha strategy, quantitative research, relative value models and economic research for Australia and New Zealand.
• Develop backtesting strategies, pricing and valuation models and systematic macro models.
• Contribute to high-frequency research publications and provide unique insights into markets and policy developments.
• Provide detailed analysis of the AU/NZ economies, rates and bond markets, and presentation of views and ideas to support the activity of the economist and FX & rates strategist for Australia and New Zealand.
• Be able to contribute to writing thematic research and generating trade recommendations to support the local business and Bank of America’s global clients.
• The role will also involve maintaining databases and models, updating forecasts, and providing analysis for regularly published research and client requests.
• Develop rapport and relationships with sales and trading.