Bank Of America Corporation New York , NY 10007
Posted 4 days ago
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. 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!
Job Description:
The Market-Linked Investments Structuring & Origination team ("the Team") is cross-asset structured products unit responsible for originating, structuring, positioning and executing transactions for both retail and Ultra-High-Net-Worth ("UHNW") clients based across the Americas. Focus on over-the-counter and securitized cross-asset products with embedded vanilla or light-exotic optionality on equity, commodities, currencies, interest rates and hybrid underlying assets. Total transacted notional outstanding over $11 billion generating more than US$250+ million in revenues per annum to the firm.
Responsibilities:
Facilitate the structuring, origination, positioning and execution of Structured Notes or Market-Linked Investments (Domestic and International) and OTC products including pricing of cross asset derivatives.
Develop and maintain strong relationships with Global Markets trading/structuring partners, third party issuers and hedge providers
Partner to help drive modernization work of our MLI platform, helping to transform our origination process and FA experience
Partner with internal sales specialists to optimize the adoption and distribution of products
Interact with trading, internal sales and financial advisors on a daily basis to relay market color, research, and trading related information
Identify research-driven trading ideas and market opportunities to drive business
Liaise and interact with traders to facilitate transactions and provide competitive pricing for clients
Manage secondary market of market-linked structures
Liaise with key partners including members of legal, compliance, trading and research
Proactively develop and maintain relationships with financial advisor
As part of their responsibilities, professionals on the Team develop research-driven strategic and tactical trading ideas; provide advice on portfolio hedging and positioning based on client's objectives and risk tolerance; and engage in the structuring, origination, positioning and execution of OTC derivatives and/or Structured Notes/Market-Linked Investments.
Required Qualifications:
At least 7 years of relevant work and analytical experience in the areas described above
Ability to identify, prioritize and execute timely business tasks
Multi-tasking and ability to work under pressure
Strong marketing and presentation skills
Ability to work as a team player in a dynamic, fast-paced and collaborative work environment
FINRA registered representative with Series SIE, 7, required at time of hire.
Excellent Bloomberg and MS Office skills
Strong quantitative, analytical and communication skills.
Candidate will be required to complete the NFA's Swaps Proficiency
Desired Qualifications:
Advanced degree, MS, MBA and/or CFA preferred
FINRA licenses 63/66 and 79 (or ability to receive within 120 days from hire date)
Skills:
Analytical Thinking
Customer and Client Focus
Financial Forecasting and Modeling
Monitoring, Surveillance, and Testing
Risk Management
Causation Analysis
Client Management
Market Analysis
Product Marketing and Branding
Relationship Building
Negotiation
Networking
Presentation Skills
Product Management
Minimum Education Requirement: Bachelors degree required
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank Of America Corporation