Vice President / Securities/Prod Spec
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!
Job Description:
This job is responsible for distributing debt or equity products to an assigned account base. Key responsibilities include determining which products best meet client's needs and developing new approaches to meet client's needs and market dynamics. Job expectations may include studying market relationships and current market conditions to increase account/market penetration.
Responsibilities:
- Perform enhancement of pricing and tiering models to incorporate new market or products features.
- Conduct quantitative analysis of the current markets, trends, and industry offerings around new products.
- Perform numerical analysis of existing client volumes, implementation and testing of performance enhancements.
- Investigate and analyzing the results and mark outs of client flows to work with our electronic trading team to find opportunities on where we can adapt the market making models to balance winning more client business and generating revenue.
- Generate required documentation and testing to support model risk management ongoing model review and validation.
- Work with front office technology teams to integrate new tiers into the trading and risk systems.
- Perform work required to support regulatory and compliance requirements (including Comprehensive Capital Analysis and Review).
Required Skills & Experience:
- Bachelor's degree or equivalent in Business Administration, Finance, Economics: and
- 5 years of progressively responsible experience in the job offered or a related Finance occupation.
- Must have 5 years of progressively responsible experience in the job offered or related Finance occupation. Must include 5 years of experience in each of the following:
- Providing relevant market updates and currency color to clients based on geopolitical and macroeconomic landscape;
- Communicating with senior stakeholders in business, risk, and management on advanced topics in FX;
- Analyzing electronic EM trading data to identify gaps, optimize client pricing and enhance performance in trade volume and revenue;
- Providing best execution product ideas to institutional clients; and,
- Providing execution consultancy to EMEA based corporate clients for use of FX Algo strategies.
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:
1st shift (United States of America)Hours Per Week:
40