About the position
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 a diverse and 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. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! The Structuring, Origination and UHNW Solutions 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. As part of their responsibilities, professionals on the Team develop research-driven strategic and tactical trading ideas; interact with Financial Advisors to 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 fully funded transactions across all the asset classes.
Responsibilities
- Execution across a wide range of foreign exchange needs including cash management, hedging and investment strategies
- Execute interest rate risk management solutions to address floating rate liabilities associated with commercial real estate or custom lending
- Drive strategic projects including improvements to platform, operations and servicing
- Preparing term sheets, marketing materials and presentations
- Liaise and interact with financial advisors, sales and support partners on a daily basis
- Proactively develop and maintain relationships with financial advisors and clients
- Acts as the senior product representative on a client team and is solely responsible for all product transactions with key clients
- Develops aggressive marketing plans and strategies affecting an entire region or section
Requirements
- At least 8 years of prior experience working in client coverage and/or product management capacity
- Strong FX, Rates and Commodities background as well as general cross-asset derivatives skills
- Strong quantitative, analytical and communication skills
- Understanding of credit policies and collateral supporting derivatives
- 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
- MS, MBA and/or CFA are desirable
- FINRA registered representative with Series 7 & 63 required at time of hire or within 120 days of hire
Benefits
- Industry-leading benefits
- Access to paid time off
- Resources and support to employees
- Discretionary incentive eligible
- Annual discretionary award based on individual performance results and behaviors
