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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This role sits within the front office and will be working in a dynamic and busy trading floor environment. You will be responsible for
trading HKD rates products, managing risk, and providing liquidity to corporate and institutional clients. The role involves market making across your product set, as well as close collaboration with Sales to deliver client solutions and drive revenue generation.
You will manage risk, liquidity, and exposure across the rates book, while supporting all aspects of the trading desk, including pre-trade analysis, strategy development, and execution. Monitoring supply and demand dynamics, you will continuously evaluate market developments to provide accurate pricing and insights to internal stakeholders and clients.
Responsibilities:
- Hiring for a HKD Rates Trader to support and grow the FICC Rates Trading franchise in Asia (Singapore / Hong Kong).
- Trade and market make HKD interest rate products, delivering liquidity and generating trading revenues.
- Manage risk across the trading book, including positioning, hedging, and exposure management in line with market conditions.
- Partner closely with Sales to develop client relationships, deliver trade ideas, and execute client flows.
- Contribute to building and expanding the local markets franchise, growing market share and strengthening client engagement.
- Leverage technology and analytics to enhance pricing, hedging strategies, and trade execution.
- Develop a deep understanding of macro drivers, rates market dynamics, and cross-asset implications, particularly within Hong Kong and USD-linked markets.
- Monitor market developments, liquidity conditions, and client flows to anticipate trends and identify trading opportunities.
- Maintain strong collaboration with global trading teams to ensure alignment of positioning, risk, and market views.
- Exhibit sound judgment under pressure and maintain discipline across varying market environments.
Qualifications:
- Minimum 3 years of experience in Asia Rates Trading, Hong Kong Treasury or HKD FX.
- Strong knowledge of interest rate products, including swaps, forwards, government bonds, and related derivatives.
- Proven ability to manage risk, price markets, and execute trades in a fast-paced trading environment.
- Solid understanding of HKD market structure, liquidity dynamics, and linkage to global rates (e.g., USD rates environment).
- Strong analytical and technical skill set combined with sound trading instinct and judgment.
- Ability to articulate views on market trends, macro drivers, and relative value opportunities.
- Strong communication skills, with the ability to collaborate effectively with Sales, Structuring, and global trading teams.
- Ability to perform under pressure and make informed decisions in volatile market conditions.
