# Analyst/Associate, Rates & Derivatives Trading

[Bank of America](https://www.jorb.ai/firms/bank-of-america.md) · New York · United States · [Sales & Trading](https://www.jorb.ai/jobs/sales-trading.md)

Bank of America is hiring a Analyst/Associate, Rates & Derivatives Trading in New York. Posted 2026-07-16; applications close 2026-09-14.

**Apply**: https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/New-York/Analyst-Associate--Rates---Derivatives-Trading_26020805

Posted 6d ago.

## Role details

## Rates & Derivatives Trading Analyst/Associate

We are seeking a trading Analyst or Associate to support interest rate derivatives and structured products trading. The role offers exposure to pricing, risk, market analysis, and automation while working closely with senior traders and structurers.

## Responsibilities

  
- Support pricing and risk management for USD rates derivatives and structured products
  
- Assist with daily P&L reporting, attribution, and risk monitoring
  
- Maintain volatility, correlation, and market parameter grids
  
- Support trade lifecycle events (expiries, fixings, cancellations)
  
- Analyze market data and macro releases to support trade ideas
  
- Build and maintain basic analytical and automation tools in Python and Excel
  
- Collaborate with trading, structuring, and risk teams on ad hoc analysis

## Qualifications

  
- 1–3 years’ experience in trading, markets, or a related quantitative role
  
- Bachelor’s degree in Finance, Economics, Math, Statistics, or similar; or equivalent work experience
  
- Strong Excel skills; familiarity with Bloomberg
  
- Working knowledge of Python
  
- Foundational understanding of fixed income and interest rate products
  
- Strong attention to detail and interest in financial markets

## Preferred

  
- Exposure to derivatives or structured products
  
- Experience with P&L or risk reporting
  
- FINRA licenses

## Shift

1st shift (United States of America)

## Hours Per Week

40

## Location

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

## Compensation

**Pay range:** $110,000.00 - $175,000.00 annualized salary (offers to be determined based on experience, education, and skill set).

**Discretionary incentive eligible:** This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on overall individual performance results and behaviors, the performance and contributions of their line of business and/or group, and the overall success of the Company.

**Benefits:** This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources, and support to employees so they can make a genuine impact and contribute to the sustainable growth of the business and the communities we serve.

## Applying to this role

This Analyst/Associate, Rates & Derivatives Trading role at Bank of America runs through the firm's own careers portal and expects a CV and cover letter written specifically for the posting, not a portable submission carried across firms. Jorb AI's application agent tailors a CV and cover letter from your background to this posting and tracks the role alongside the rest of your applications.

[Tailor this application](https://www.jorb.ai/signup?ref=job-atom&firm=bank-of-america&job=6a59390f8bd8cd3aa4942654)

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Updated: 2026-07-22
Canonical: https://www.jorb.ai/jobs/6a59390f8bd8cd3aa4942654