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Associate, Mortgage Products Structurer, FICC Trading

Frankfurt, , Germany

Job Description:

LOB: FICC Trading

Corporate Title: Associate

Location:  Frankfurt

Role Description

We are looking for an Associate to join the European Mortgages Origination team which is part of Global Mortgages and is a product within Global Banking & Markets. The European Mortgages Origination team within Global Mortgages is focused on (i) originating and structuring agency securitisations backed by a range of asset classes including residential mortgages and consumer assets, and (ii) providing senior secured financing backed by similar assets.

Main responsibilities will include:

  • Client coverage specialist, directly responsible for covering clients and originating / structuring ABS/RMBS and secured lending transactions

  • Position provides comprehensive exposure to all aspects of structured finance origination

  • Duties include all aspects of client coverage and transaction execution for term ABS / RMBS and secured lending transactions, for example:

    • Client market / pricing updates

    • Analysis across asset classes

    • Preparing client pitch books

    • Preparing marketing materials

    • Cash flow modelling

    • Interaction with legal, rating agencies, accountants, investors, conducting due diligence, credit, market risk, enterprise credit

The Team:

  • Global Mortgages is a market leading securitised product platform across ABS and RMBS

  • The origination desk is complemented by the EMEA mortgages analytics, sales and trading platforms 

Core Skills:

  • Current direct structuring experience across a broad range of RMBS / ABS asset classes (e.g., mortgages, fleet leasing, rental, equipment leasing, credit cards, consumer loans, dealer floorplan, autos)

  • Current direct experience in structuring all aspects of secured lending transactions and RMBS/ABS transactions

  • Technical skills: comprehensive understanding of finance / capital markets / credit / reviewing legal docs

  • Personality: Shows initiative / energetic / enthusiastic roll up your sleeves type personality

  • Good working knowledge of Excel / PPoint

  • Excellent at managing timeframes with strong organisational skills

  • Competencies & Behaviours required: Ability to multi-task, communicate clearly, collaborate across products. Individual should also be hungry to learn and demonstrate initiative to run with projects

  • Strong mathematical and quantitative skills are required

  • Market risk knowledge

  • Understanding of financing activities within a global investment banking organisation

  • Demonstrate  ability to identify issues, evaluate large sets of data and generate ideas of the back off this analysis

  • Meticulous attention to detail, diligence and conscientiousness

  • Strong interpersonal communication skills

  • Capable of working effectively both independently and with multiple teams/individuals

  • Master/Bachelor’s Degree or equivalent level of experience

Bank of America

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

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Full time


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Street Address

Primary Location:
NEUE MAINZER STRASSE 52, Frankfurt, 60311