Vice President; Securities/Prod Spec

Responsibilities

• Provide interest rate and currency risk management advice to large cap clients, including considerations for derivative hedge accounting treatment.
• Perform comprehensive in-depth financial research on companies, sectors, new issue market, general market conditions and trade ideas.
• Prepare client pitch materials, fixed / floating capital structure analysis, and value-at-risk analysis via various analytical methods, including Monte-Carlo Simulation.
• Structuring and execution of transactions via interest rate swaps and options, Treasury trades, inflation derivatives and cross-currency hedges.
• Enhance client relationships through in-person meetings, market updates, client events.
• Collaborate with teams across the entire Bank of America platform to enhance the overall client dialogue and partner on strategic opportunities around M&A, divestitures and financings.
• Originate custom trade ideas to optimize corporate clients’ asset and liability, currency and duration mixes.
• Lead junior training to enhance analyst and associate knowledge of interest rate derivatives.
• Proactively reach out to clients when a market opportunity arises.

Requirements

• Bachelor's degree or equivalent in Management, Business Administration, Finance, Economics or related field.
• 5 years of progressively responsible experience in the job offered or a related Finance occupation.
• Must include 5 years of experience in each of the following:
• Performing comprehensive value-at-risk, efficient frontier, and Monte-Carlo simulation analysis, using implied volatility metrics for both interest rate and foreign exchange, in order to identify exposures and optimize capital structures through interest rate derivative solutions;
• Preparing recommendations on timing, size and structure of interest rate derivative transactions, and ensuring compliance with the latest derivative hedge accounting guidelines, for multinational corporate clients;
• Creating and presenting bespoke client materials, approval memos, and marketing documents, as well as helping corporate clients prepare for board presentations;
• Executing interest rate derivative transactions for large cap corporates, including products such as single-currency swaps, option and collar structures, cross-currency swaps, and other bespoke complex derivative trades;
• Developing and establishing client relationships by originating new risk management solutions and advising on global market, economic data, and liquidity considerations.
• 10% domestic travel required, as necessary.

Pay

Commensurate with experience.

Schedule

1st shift (United States of America)

Benefits

Varies