Job Description: Company Overview Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. Bank of America Merrill Lynch is the marketing name for its international businesses and is a long-established participant in Asia Pacific with a presence since 1947. With 23 offices in 12 geographies, covering nine currencies, more than a dozen languages and five time zones, the company offers an integrated and comprehensive set of products and services across Global Corporate & Investment Banking, Global Markets and Wealth Management, serving the needs of individual, corporate, institutional and government clients, combining the best of local knowledge and global expertise.
Bank of America Merrill Lynch is committed to attracting, recruiting and retaining top diverse talent from across the globe. Our diversity and inclusion mission is to actively promote an inclusive work environment where all employees have the opportunity to achieve personal success and contribute to the growth of our business. Each of our global Employee Networks bring together employees, create dialogue and awareness in support of our Diversity and Inclusion mission.
Job Description Bank of America Merrill Lynch's Asia Emerging Markets NDF trading desk in Hong Kong is seeking an Analyst/Associate hire to join the team as a junior NDF trader. This role requires some basic understanding of currency markets, economics and quantitative skills. Previous trading experience is preferred but not a must. And candidates will be expected to analyze complex situations and critical thinking in a time sensitive manner. Based in Hong Kong and working within a busy and dynamic team, this role requires a capable individual to help support senior traders' busy client trading at the desk.
This role sits within the front office and will be working in a dynamic and busy trading floor environment. You will learn to cover institutional accounts and make markets in your group's particular range of products. You will learn to manage risk, liquidity and exposure and you will support and manage all aspects of the trading desk: pre-trade analysis, research on index constituent changes, inbound and outbound trade processing and the design of optimal strategies for large trades. Tracking supply and demand, you constantly evaluate market developments in order to give clients accurate product information.
Building BAML FX franchise and grow our market share by developing client relationships and presenting trade ideas to clients.
Leverage technology and analytics to drive pricing/hedging as well as idea generation
Understand market drivers (of those markets in which involved), market moves, and the numbers behind it all, as well as cross-asset implications
Exhibit sound judgment under pressure and maintain composure through challenging trading environments
Understand drivers of relevant markets and establish a high degree of competence with clients around executing trades
Engage others in active dialogue; Drive group involvement; build active collaboration with and trust of clients and internal constituencies;
University educated with economics, math, engineering or business background
Experience working in global banks. Previous trading experience preferred but not a must.
Good understanding of currency markets. Ability to discuss in detail your knowledge of the current market (including trends)
Have the ability to balance analytical and technical skill set with proven instinct
Ability to communicate concepts and ideas, both verbally and via documentation, and be able to defend their validity and target messages to different audiences.