Vice President, Convertible Bond Trader

Bank of America • New York, NY

2d • Onsite

About The Position

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! Job Description: As a Junior Trader on the Convertible Bond Trading Desk, you will support senior traders in risk management, execution, and market analysis across global convertible bond markets. You will work closely with trading, sales, research, and operations teams to help deliver liquidity, pricing, and hedging solutions to institutional clients. This role is designed to build strong product knowledge, execution skills, and risk awareness within a fast-paced trading environment.

Requirements

• Bachelor’s degree or equivalent work experience
• Strong interest in convertible bonds, equity derivatives, and capital markets
• Understanding of equity, options, and fixed-income fundamentals
• Comfort working with risk metrics such as delta, gamma, vega, and credit spreads
• Proficiency with Bloomberg and Excel for market monitoring and analysis
• Strong quantitative, analytical, and problem-solving skills
• Ability to work under pressure in a fast-moving trading environment
• Clear communication skills and willingness to learn from senior team members

Responsibilities

• Support day-to-day trading and risk management of convertible bond positions
• Assist with execution of convertible bonds, equity hedges, and related derivatives
• Monitor and help manage delta, gamma, vega, credit, and interest-rate exposures
• Track borrow availability, financing costs, and dividend risk for equity hedges
• Analyze relative value across convertibles, equities, options, and credit instruments
• Provide market color and liquidity updates to senior traders and sales
• Maintain and update risk, P&L, and position reports
• Support lifecycle management of trades from booking through settlement
• Assist in identifying trading opportunities driven by volatility, corporate actions, or capital markets activity
• Collaborate with operations, risk, and technology teams to ensure accurate trade processing
• Develop product knowledge through live trading exposure and mentorship from senior traders

Benefits

• 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.
• 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.
• Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level