Vice President / Product Specialist

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 is core to how we drive Responsible Growth. This includes our commitment to being an 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.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

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

Responsibilities

• Use Intex DealMaker, creating a model that will be distributed to Investors to assist them with their investment decisions.

• Provide a detailed comparative analysis of the recommendations for inclusion into client presentations.

• Perform Structure, rating, and pricing securities for issuer clients.

• Review modeling assumptions in offering documents and tie‐out with accountants.

• Interact with both issuer and investor clients to explain modeling assumptions and results.

• Interpret and analyze legal documents on complex financial structures for cashflow modeling purposes.

• Implement rating agency methodology guidelines for securities issued from new and existing securitization platforms.

• Utilize SQL Server to write SQL queries to stratify data and effectively convey changes in asset characteristics and loan level data.

• Utilize cashflow modeling tools and VBA to design and integrate new features and analytics for financial products to meet financial modeling requirements.

• Build financial models to perform in-depth analysis of underlying assets, liability structure and assess the impact on ratings of various securities under various stress scenarios (prepayments, defaults, loss timing assumptions).

• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience

• Bachelor's degree or equivalent in Information Technology, Engineering (any), Mathematics or related: and

• 5 years of progressively responsible experience in the job offered or a related Quantitative occupation.

• Must have 5 years of progressively responsible experience in the job offered or a related quantitative occupation. Must include 5 years of experience in each of the following:

• Interpreting and analyzing legal documents on complex financial structures for cashflow modeling purposes;

• Implementing rating agency methodology guidelines for securities issued from new and existing securitization platforms;

• Utilizing SQL Server to write SQL queries to stratify data and effectively convey changes in asset characteristics and loan level data;

• Utilizing cashflow modeling tools and VBA to design and integrate new features and analytics for financial products to meet financial modeling requirements; and,

• Building financial models to perform indepth analysis of underlying assets, liability structure and assess the impact on ratings of various securities under various stress scenarios (prepayments, defaults, loss timing assumptions).

If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.

EMPLOYER:  BofA Securities, Inc.​

Shift:

Hours Per Week: