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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. 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. This role is responsible for providing analytic support for a specific set of products. May be responsible for performing routine research, planning and follow up. Competencies required include market analysis/research focus, in-depth knowledge of products and related experience.

Job Responsibilities:

• Develop research-driven strategic and tactical trading ideas; provide advice on portfolio hedging and positioning based on client’s objectives and risk tolerance
• Engage in the structuring, origination, positioning and execution of OTC derivatives and/or Structured Notes/Market-Linked Investments.
• Facilitate the structuring, origination, positioning and execution of Structured Notes or Market-Linked Investments (Domestic and International)
• 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 advisors

Qualifications:

• 1-2+ years in financial services industry.
• Experience with equity derivatives is a plus
• Strong quantitative, analytical and communication skills.
• Organized, motivated and should have a general knowledge of global economies and financial markets.
• Will require FINRA registration with SIE, Series 7, 63/66 and 79 within 120 days of hire

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

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

Pay and benefits information

Pay range

$81,000.00 - $115,500.00 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 their 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 our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.