As an Associate within Corporate Derivatives in DCM, key tasks and responsibilities may include but are not limited to:
Assist with deal origination and execution across a diverse range of product areas
Work as a product specialist directly with our clients at top management level to create and deliver risk management solutions through DCM (bonds, loans, FX and rates) products
Develop a strong understanding of market fundamentals and be able to make market-informed contributions on a broad array of financing strategies that address clients’ specific needs
Design highly tailored presentations for clients to outline solutions to their hedging needs
Work on live transactions and interact with clients and professionals from across the bank as you build your network and experience
Work closely with Investment Banking teams on client coverage and origination
Work with sales teams and traders in Global Markets to coordinate and manage live deal executions, and liaise with Global Research to stay informed on the latest market developments
EMEA Corporate Derivatives Team within Debt Capital Markets
Debt Capital Markets is part of the Global Corporate and Investment Banking Division (GCIB) at Bank of America (BofA). DCM professionals originate, structure, risk manage and execute debt products, including bonds (across public and private markets), loans and acquisition finance. Our clients include Corporates, Sovereigns, Supranationals, Agencies and Financial Institutions. Post-origination, we continue to assist our clients with their ongoing debt portfolio management through liability management and derivative transactions
The EMEA Corporate Derivatives Team within DCM is client-facing and supporting Corporate clients with risk management products to mitigate Interest Rate, Inflation, and Foreign Exchange Risks
The EMEA Corporate Derivatives Team is based on the private-side and is working together with Corporate and Investment Banking and the broader Debt Capital Markets team on strategic transactions which are typically related to financings or acquisition activities. At the same time, the Team closely coordinates with Global Markets and FICC Trading when implementing hedging strategies for Corporate clients
Core skills - Required and Preferred
Strong mathematical and analytical skills are required, previous experience in derivatives is helpful (but not a must)
Advanced skills in MS Excel and PowerPoint
Meticulous attention to detail, diligence and conscientiousness
Excellent interpersonal communication skills
Capable of working effectively both independently and with multiple teams/individuals
Fluency in English is essential and a second European language a plus
Educated to degree level (preferably in a numerical discipline such as economics or finance)
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.
In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work.
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.
As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.
Learn more about this role
We’re a stone’s throw from the London Stock Exchange and the iconic St. Paul’s Cathedral and a short walk to the artsy scene and trendy gastropubs in Shoreditch.