Vice President, Futures Electronic Trading (Sales Trader) | Bank of America | New York
Bank of America is seeking a Vice President for AMRS Futures Electronic Trading in New York to manage approximately 40 client accounts. According to the job description, the role requires a minimum of seven years of relevant experience to drive electronic franchise growth through performance analysis and algorithmic enhancements.
The position focuses on electronic futures sales trading for clients trading global futures. The selected candidate will handle order management and maintain senior-level trader relationships. Bank of America states the role combines sales and trading with advanced analytics and product innovation.
What are the requirements for the Bank of America Vice President role?
Candidates must possess at least seven years of relevant futures electronic trading experience. According to the company, required competencies include market microstructure knowledge, data analysis, and quantitative and systematic trading support.
The role demands expertise in trade monitoring, surveillance, and regulatory compliance. Bank of America also requires strong relationship-building skills to coordinate with technology, quantitative, and trading teams. The position operates on a first shift in the United States for 40 hours per week.
How does this role integrate electronic trading and analytics?
The team aims to deepen client relationships and expand wallet share across all trading activity. The Vice President will partner with quant, data, and futures product teams to turn client feedback into algorithmic offering enhancements. This process relies on performance analysis and market structure expertise.
The role involves helping clients optimize execution outcomes, specifically regarding liquidity access, market impact, and performance. According to the job description, the employee must monitor live trading activity to provide proactive problem-solving and insights.
What is the expected impact on client execution?
The Vice President is tasked with identifying and closing coverage gaps to improve the franchise’s reach. By partnering across Equities and FICC trading teams, the role seeks to deliver comprehensive client solutions.
Future developments could include more tailored algorithmic tools based on the feedback loop between the sales trader and the quantitative teams. This coordination may lead to refined execution strategies for the 40 accounts under primary coverage.
Frequently Asked Questions
What is the minimum experience required for this position?
The role requires a minimum of seven years of relevant futures electronic trading experience.
Where is this role located and what is the schedule?
The position is based in New York, working the first shift for 40 hours per week.
What is the primary objective of the Electronic Trading team?
The team is responsible for deepening client relationships and expanding wallet share across all trading activity by combining sales and trading with advanced analytics.
How might the shift toward in-office collaboration impact the development of algorithmic trading tools?