Off Campus Drive 2021 – GBS Analyst Freshers | Bank of America

Job Id: 20210406007

Company: Bank of America

Job Role: Analyst- GBS

Experience: 0-2 Years

Qualification: MBA

Job Location: Mumbai

Salary: Best in Industry

Vacancies: Not Mentioned

Website: www.bankofamerica.com

Job Description Bank of America Off Campus Drive Freshers Hiring for GBS Analyst in April 2021:

Equity Derivative Sales: The Derivative Sales team works with the US Equity Sales and Trading desks and helps them in their client strategy effort by identifying tradable option ideas. The team primarily supports the various Equities desks by providing commentary & charts on indices, ETFs and macro-economic environment in US, EMEA and APAC

Responsibilities*

• Design option strategies, identify market trends and publish concept notes

• Identify trends in single stocks, ETFs and indices with emphasis on options trade ideas

• Extract historical data from Bloomberg and other public sources to prepare implied and historical volatility screens for indices, ETFs & single stocks

• Identify Trends in Equity Assets using Technical Indicators like Price, Moving Averages, and Volumes etc.

• Forecast Moves in Equity Assets on Events such as Earnings, Corp. Actions etc. by estimating Implied Moves using Black-Sholes Model

• Create daily market strategy notes that include market color as well as charts that provide trading signals on stock prices, stock volatility, option open interest etc.

• Create spreadsheets to calculate Dividend Yield, Co-variance etc.

• Design price and volatility spread strategies

• Provide earnings related products and market commentary

• Prepare self-initiated strategy pieces to determine richness/steepness of ETF/Index options

• Identify and highlight relevant strategies in the current market by studying historical option volatility percentiles and comparing them with current implied volatility

• Suggest strategies for developing option trade ideas, cost-efficient hedging, yield enhancement and risk mitigating

• Back-test option trading strategies, apply statistical analysis, research, advise and consult LOBs on the best custom investment ideas

• Interact with Sales, Traders and Research teams in US and EMEA to understand investor/client interest to come up with trading ideas to suit specific needs

Requirements*

Education*

• Post Graduates from a top Tier University with MBA, Mathematics or Finance related major degree; post graduates from IITs with strong quant background

• 0-2 year previous experience in Global Markets / Equities

• Can work well under fast paced and under pressure environment

• Strong in numbers, aggressive and proactive with a strong ability to manage time effectively

Certifications If Any

CFA/FRM preferred

Foundational skills*

Quantitative skills
Statistics
Option Strategies
Analytical skills
Technical Analysis

Desired skills

Presentation skills
Verbal and Written communication skills
Adaptability
Stakeholder Management

Apply for Bank of America Off Campus Drive Freshers Hiring for GBS Analyst in April 2021

 

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