Sales Assistant

Posted Date 05 Apr 2024



Experience Icon Experience 2 Years Salary Salary 65000USD
Job Type Icon Job Type Full Time Company Company Bank of America
Job Category Icon Job Category Bank Qualification Icon Qualification BS Finance
Gender IconGender Both Date Last Date 04 Jul
Vacancies IconVacancies 1 Remote IconRemote No
Location Location(s) New York , United States

Description Job Description


The CFD⠀and⠀Structured⠀Notes⠀(“CFD”)⠀partners⠀with⠀Sales,⠀Structuring,⠀and⠀Trading⠀teams to⠀meet⠀investor-client⠀needs for⠀structured⠀notes in⠀the⠀primary⠀and⠀secondary⠀markets.⠀CFD is⠀both an⠀issuing⠀and market⠀making⠀desk and⠀is⠀responsible⠀for risk⠀management⠀of its⠀outstanding⠀debt and⠀market⠀making⠀inventory.⠀These⠀products⠀are linked⠀to⠀equities,⠀rates,⠀currencies,⠀commodities,⠀and⠀credit.

Key Responsibilities:

  • Trade⠀capture,⠀trade P&L⠀and risk⠀summarization,⠀and trade⠀discrepancy⠀resolution
  • Collaborating⠀with TA⠀team⠀members⠀and other⠀stakeholders⠀including⠀traders,⠀trade⠀control,⠀counterparties,⠀operations,⠀finance,⠀and⠀compliance
  • Trade⠀monitoring⠀and⠀preparation⠀of various⠀reports⠀for⠀traders
  • Responding⠀to ad hoc⠀requests⠀and⠀investigations
  • Participating⠀in growth⠀initiative⠀and⠀operational⠀efficiency⠀projects

Requirements:

  • Familiarity⠀with⠀structured⠀debt and⠀derivative⠀products
  • Familiarity⠀with trade⠀capture
  • Strong⠀communications⠀skills and⠀confidence⠀interacting⠀with⠀senior and⠀junior⠀stakeholders⠀including⠀traders,⠀trade⠀control,⠀counterparties,⠀operations,⠀finance,⠀and⠀compliance
  • Strong⠀sense of⠀urgency⠀with⠀ability to⠀multi-task⠀and engage⠀business⠀partners⠀for⠀efficient⠀resolution
  • Flexible⠀hours as⠀needed to⠀support⠀trade⠀activity⠀across⠀multiple⠀time zones

Desired Skills

  • 2+ years⠀of trading⠀floor or⠀middle⠀office⠀operations⠀experience
  • Ability⠀to think⠀critically⠀or inquire⠀further⠀about the⠀job⠀functions⠀being⠀performed,⠀understand⠀the⠀implications⠀of these⠀actions,⠀identify⠀and⠀escalate⠀issues,⠀and⠀propose⠀solutions
  • Self-starter⠀with⠀outstanding⠀problem⠀solving⠀and task⠀completion⠀skills
  • Strong⠀written⠀and verbal⠀communication⠀skills
  • Strong⠀operational⠀processing⠀and risk⠀control⠀skills⠀including⠀the⠀ability to⠀build⠀well-controlled⠀spreadsheets⠀and source⠀appropriate⠀and⠀meaningful⠀data
  • Be⠀enthusiastic,⠀keen to⠀learn and⠀quick to⠀gain an⠀understanding⠀of complex⠀issues and⠀concepts
  • Take⠀personal⠀responsibility⠀for⠀delivering⠀high⠀quality⠀work and⠀have a⠀track⠀record of⠀outperformance⠀and⠀delivery
  • Be⠀able to⠀design and⠀produce⠀insightful⠀regular⠀reports⠀and drive⠀continuous⠀improvement⠀in these⠀reports
  • Ability⠀to thrive⠀in a⠀dynamic,⠀team-oriented⠀environment⠀– both⠀work⠀closely⠀with⠀senior⠀members of⠀the team⠀and work⠀independently
  • Operates⠀with⠀urgency at⠀all times


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