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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. 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 a diverse and 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. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! This role sits within the front office and will be working in a dynamic and busy trading floor environment. You will cover corporate and institutional accounts and market making in your group's particular range of products. You will be managing 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. Responsibilities: <ul> <li>Hiring for trader to drive the FICC business in FX and Rates Trading onshore in Shanghai, China.</li> <li>Role involves trading and market making products to clients and generate trading revenues.</li> <li>Building Bank of America local markets franchise and grow our market share by developing client relationships and presenting trade ideas to clients.</li> <li>Provide a meaningful contribution to revenue and client franchise; Exploit revenue and minimize loss potential.</li> <li>Leverage technology and analytics to drive pricing/hedging as well as idea generation.</li> <li>Understand market drivers (of those markets in which involved), market moves, and the numbers behind it all, as well as cross-asset implications.</li> <li>Exhibit sound judgment under pressure and maintain composure through challenging trading environments.</li> <li>Know the implications of events on the entire trading desk, anticipate market outcomes; Outperform the market and competition through thorough understanding of fundamental and technical aspects of market.</li> <li>Understand drivers of relevant markets and establish a high degree of competence with clients around executing trades.</li> <li>Engage others in active dialogue; drive group involvement; build active collaboration with and trust of clients and internal constituencies.</li> </ul> Qualifications: <ul> <li>Minimum 6-8 years of trading experience in FX and Rates market in China.</li> <li>Ability to discuss in detail your knowledge of the current market (including trends).</li> <li>Have the ability to balance analytical and technical skill set with proven instinct.</li> <li>Ability to discuss in detail your understanding of the entire landscape: knowledge of the client's sector and client's specific business needs and limitations. Deep understanding of client-specific nuances and leverages that help deliver more value to clients and the firm.</li> <li>Ability to discuss in detail your understanding of the various market variables and their impacts on products (pricing, flows etc.).</li> <li>Ability to communicate concepts and ideas, both verbally and via documentation, and be able to defend their validity and target messages to different audiences.</li> <li>Ability to talk in detail your understanding of how to build a strong talent pipeline; identifies and works to retain strong performers.</li> </ul>

Bank of America

Vice President / Director, China FX & Rates Trader, FICC Trading, Shanghai

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. 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! Position Description Global Payment Solutions (GPS) provides liquidity management, payments and receipts, trade and supply chain finance, foreign exchange and commercial card services to three million small businesses, thousands of middle market companies, and to multinational corporations, financial institutions and governments around the world. The Treasury Sales Officers (TSOs) to manage and grow both domestically and globally within an assigned portfolio. Key Responsibilities <ul> <li>Team Lead for GPS FI Sales team for PRC, working with sales head to cover banks, non-bank financial institutions and public sector clients in PRC and their branches and subsidiaries internationally.</li> <li>Drive the execution of FI sales strategy in line with our global GPS strategy, delivering the target revenues and profitability on the client portfolio.</li> <li>Ensure that the teams (based in Beijing, Shanghai and Guangzhou branches) are focused on critical areas such as client selection that fit within our profitability and return parameters.</li> <li>Own and deliver against financial targets for PRC both revenue, profitability, cross sell and new business origination and closure.</li> <li>Establish self and deepen relationships with FIs so to maximize the share of wallet both at HO, regional offices and international branches. Leverage on the client relationship to build strong connectivity and on-going dialogue with targeted clients</li> <li>Engaging with clients across multiple hierarchies as appropriate to scope business opportunities, define solutions and accelerate deal closures</li> <li>Actively partnership with Corporate Banking team, and senior management team in-country and other key stakeholders support the client coverage team to achieve business wins</li> <li>Co-ordinate with Global teams to effectively drive the global strategy and guidance on the FI business in APAC in light of the changing regulatory and economic environment.</li> <li>Build on interactions with senior managers across FICC, GMG, IBK, CBK, in-country management, regionally and globally, communicating the FI strategy and achievements on new business, revenues, client selection and revenue quality.</li> <li>Keep abreast of industry changes, market events and competitive intelligence and ensure that knowledge is shared with all TSO’s and partners covering clients in their industry.</li> <li>Lead discussions with teams, clients through Client Events, Industry Forums and thought leadership articles to demonstrate the deep understanding of global events driving the business change in the franchise.</li> <li>Implement and sustain governance and control processes and activities in alignment with role and responsibilities, governance manuals and guidelines as well as specifically within the areas of Training, Credit, Risk, Compliance, Finance, Legal, HR and Audit.</li> </ul> Key Requirements Required Skills <ul> <li>15+years above experience in FIs in GPS business development and/or product management at a senior level</li> <li>Proven expertise of leading a team at a country or Regional level, either in GPS equivalent or corporate banking</li> <li>Detailed knowledge of GPS cash management products, trade product, etc.</li> <li>Strong client relationships</li> <li>Strong communications and presentation skills</li> <li>Team player</li> </ul> Desired Skills <ul> <li>Proven sales track records</li> <li>Client advocacy and relationship building experience</li> <li>Strategic, decisive and can execute</li> <li>Demonstrates a commitment to Diversity and Inclusion (D&amp;I), and model behaviors which value each individual for their unique contribution and create an environment that allows each employee to reach their potential.</li> </ul>

2 Jobs in Shanghai, China