Equity Derivatives Trade Support Analyst

Job Title: Equity Derivatives Trade Support Analyst

Corporate Title: Officer

Location: London

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview:

Based just a stone’s throw from the magnificent St. Paul’s Cathedral is our London MLFC office, on bustling King Edward Street. Here you will find modern workspaces and a state-of-the-art auditorium space. In addition, we are proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus that have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop gardens and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and onsite medical centre.

Role Description:

This role serves as a critical front-office support function within the Equity Derivatives trading environment, delivering real-time trade and lifecycle support across both Vanilla and Structured products. Positioned on the trading floor, the role operates as a central point of coordination between Trading, Sales, Operations, and external stakeholders, ensuring seamless execution, risk management, and issue resolution across the trade lifecycle.

The position is responsible for managing complex derivative processes, including payment events, barrier monitoring, corporate actions, fixings, and swap resets, while maintaining the integrity and accuracy of trade data. It plays a key role in resolving front-to-back discrepancies, supporting reconciliations, and ensuring timely and accurate trade maintenance and amendments.

Success in this role requires strong ownership, diligence, responsiveness, and the ability to operate effectively in a high-performance, fast-paced environment. The individual must demonstrate excellent stakeholder management skills, translating technical concepts into clear, actionable insights for audiences at all levels. Continuous interaction with front-office teams is essential, requiring sound judgment and the ability to prioritise and resolve queries in real time.

In addition to business-as-usual activities, the role drives operational excellence through process optimization and automation, leveraging technology to enhance efficiency, reduce risk, and improve scalability of support functions.

Responsibilities:

• Provide support to the Exotic and Flow Derivative Trading desks and equivalent sales teams across all structured products including Notes, Autocallables and Monti Carlo simulation
• Lifecycle Management: - Monitoring and booking of Derivatives payment events, barrier monitoring, corporate actions, fixings, and swap resets. Provide calculation sheets for complex payoffs
• Ensuring that daily emails sent to the inbox and Bloomberg chats are dealt in a swift manner and prioritized accordingly.
• Trade Maintenance, reviewing queries and performing amendments on OTC Exotic Derivatives and vanilla products
• Review market data and ensure that it is accurate.
• Represent the group and face off to partner groups

• Intercompany reconciliations
• Reviewing front to back and exchange reconciliation breaks

What we are looking for:

• Experience within equities or derivatives environments, with deep understanding of trade lifecycle processes
• Advanced Excel proficiency and analytical skillset
• Proven ability to operate under pressure with exceptional attention to detail
• Excellent communication skills, including the ability to deliver concise executive-level summaries
• Demonstrated track record of collaboration, innovation, and continuous improvement
• Will consider recent graduates with strong academic, A degree (or equivalent) in Mathematics, Finance, Economics, or a similar field

Skills that will help:

• Attention to detail and good team player
• Communication skills- ability to provide executive summary to multiple stakeholders
• Diligent, ability to work under pressure whilst maintaining high standards
• SQL & VBA

Benefits of working at Bank of America

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America

Good conduct and sound judgment is crucial to our long-term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.