Bank of America

UHNW Market Linked Investments Origination Specialist

$135KFull-time · New York, NY
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Senior · 8+ yrs exp

Requirements

Experience: 8+ years

License: Series, Series 7

Skills & tools

Team LeadershipRisk AppetiteCommunicationsMarketingWealth ManagementInsurance LicenseHiring
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Full job description

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

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.

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.
  • well-rounded individual who possesses strong quantitative, analytical and communication skills.
  • This person will be responsible for providing all aspects of the origination and structuring including preparing term sheets, ideas/marketing materials and presentations; pricing cross-asset derivatives, executing transactions and coordinating the booking of transactions with relevant support departments.
  • Candidates will play meaningful role in core strategic priorities and technology development to support the emerging platform needs.
Qualifications:
  • 8+ years of relative financial industry experience
  • 5+ years of strong equity derivatives skills
  • Prior experience working in a structured products/OTC derivatives capacity
  • familiar with wealth management business and our broader enterprise and mindful of risk in our operating environment is preferred
  • Strong quantitative, analytical and communication skills
  • SIE, Series 7, 79 & 66 preferred at time of hire or must be able to obtain within 120 days of start date.

$135,000.00 - $203,500.00 annualized salary, offers to be determined based on experience, education and skill set.

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This posting was published by Bank of America on their own careers system and is shown here with a direct link to apply there. Employers: for corrections or removal, contact jobs@veritahire.com.