Vice President Securities/product Salesperson jobs at Bank Of America in United States, New York

Job Description:

Job Description:
This job is responsible for leading business analysis for a Line of Business (LOB) by producing all financial reporting and disclosures in partnership with senior management, front office, and other business stakeholders. Key responsibilities include applying a knowledge and understanding of product(s), processes, and inherent risks of a product, business or function to analyze and substantiate Profit and Loss (P&L) attributes and balance sheets, establish infrastructure for new products, and approve ledger journal entries.

The Chief Financial Officer (CFO) Group

Responsibilities:

• Prepares and analyzes balance sheets and Profit and Loss (P&L) reports and validates postings and balances for a product aligned to a Line of Business (LOB) using knowledge of financial products, market risk profiles, and risk mitigation techniques and strategies
• Supports the development of strategic and annual planning and implementation, performing profitability analysis, forecasting, and financial reporting for a product or general ledger account type
• Oversees a set of product(s) or general ledger account(s) and maintains financial responsibility, including accountability for accuracy of financial reporting for Profit and Loss (P&L) activities
• Partners closely with the front office, Operations, and Technology to define business finance processes and implement related technology solutions
• Supports delivering, designing, maintaining, and enhancing Value at Risk Back-Testing (VBT) data and Management Information System (MIS) processes that may impact multiple product control businesses
• Analyzes regulatory matters, such as the Comprehensive Capital Analysis and Review (CCAR) and Recovery and Resolutions Plans (RRP), to assess risk modeling practices within the bank
• Oversight on the official daily P&L explain, P&L substantiation to market events, significant transaction review and its provision for VaR backtesting and other downstream

• Monthly Independent Price verification on both Derivatives and securities positions. Have a basic understanding and knowledge of financial models,
• Calculation of the Valuation adjustment – Validation of appropriate application and use of models for books & records.
• Maintaining/updating valuation adjustment & IPV Desk Level Procedures (DLP)
• Preparation monthly & quarterly revenue and balance sheet commentary to senior managers and regulators
• Regulatory capital disclosures, Price Testing, Sector analysis, Stress Test and Forecasting.
• Volcker/Capital related validation activities such as Volcker balance sheet review, validation of Volcker and Capital attributes for books to ensure compliance with enterprise guidelines
• Partner with Trading Desk, Trade Support, Operations, ECM and other partners on business support including new product review, accounting assessment, issue resolution
• Coordination of the monthly close process and quarterly financial reporting requirements
• Working on initiatives to simplify/automate manual processes

Required Qualifications:

• 5+ years hands on experience in Product Control or Finance group
• BS/BA Degree required (Finance, Accounting preferred)
• Global Markets experience
• Global Rates market knowledge – familiarity with a broad range of asset classes
• Derivatives product and valuation knowledge – consisting of technical expertise of models used to reprice complex transactions
• Advanced experience skills with Excel and complex spreadsheets
• Control focused, analytical, team oriented, comfortable with complex products
• Excellent organizational, communication, and relationship management skill
• Proven analytical skills including data reconciliation and interpretation.
• Ability to identify and deliver process improvements.
• Good business partnering skills

Desired Qualifications:

• Fixed income or derivative experience
• Inquisitive, willing to challenge the status quo and strive to improve processes

Skills:

• Analytical Thinking
• Attention to Detail
• Financial Accounting
• Financial Management
• Reporting
• Business Analytics
• Data Quality Management
• Financial Processing
• Price Verification and Valuation
• Scenario Planning and Analysis
• Business Acumen
• Critical Thinking
• Influence
• Prioritization
• Problem Solving

Responsibilities :

• Support the origination and execution of investment banking transaction mandates for large-cap corporate clients in the Consumer and Retail Sector, including buy and sell-side M&A, inclusive of cross-border transactions, as well as capital markets processes, including debt and equity offerings.
• Prepare materials for clients and participate in client meetings during the course of investment banking deal origination and execution.
• Lead due diligence processes for investment banking transactions in the Consumer and Retail Sector, such as buy and sellside M&A, inclusive of cross-border transactions, as well as capital markets processes, including debt and equity offerings.
• Prepare financial analysis, including detailed valuation analysis, such as LBO analysis, discounted cash flow, accretion and dilution, IPO proforma analysis, comparative company analysis, and sum of parts analysis in the Consumer and Retail Sector, including buy and sell-side M&A, inclusive of cross-border transactions, as well as capital markets processes, including debt and equity offerings.
• Oversee analysts and associates on client coverage, origination, and transaction execution teams.
• Draft and negotiate engagement letters, confidentiality agreements, and other documents related to investment banking transactions.
• Attend and oversee client meetings with prospective buyers in sell-side M&A processes, including management presentations and due diligence.
• Support internal transaction and capital commitment committee processes such as Fairness Committee, Equity Commitment Committee, and Leveraged Finance Committee.
• Global bank/bulge bracket investment banking transactions.
• Execute investment banking transactions and processes in a global firm environment, including both M&A and capital markets products.
• Prepare financial analysis, including detailed valuation analysis, such as LBO analysis, discounted cash flow, accretion and dilution, IPO proforma analysis, comparative company analysis, and sum of parts analysis.
• Conduct due diligence in connection with investment banking transactions.
• Prepare materials for clients and participate in client meetings during the course of investment banking deal origination and execution.
• Lead teams of junior investment bankers to execute transactions, prepare client materials, and manage transaction processes.
• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience:

• Master's degree or equivalent in Business Administration, Finance, Economics, Accounting, or related: and
• 3 years of experience in the job offered or a related Finance occupation.
• Must include 3 years of experience in each of the following:
• Global bank/bulge bracket investment banking transactions;
• Executing investment banking transactions and processes in a global firm environment, including both M&A and capital markets products;
• Preparing financial analysis, including detailed valuation analysis, such as: LBO analysis, discounted cash flow, accretion and dilution, IPO proforma analysis, comparative company analysis, and sum of parts analysis;
• Conducting due diligence in connection with investment banking transactions;
• Preparing materials for clients and participating in client meetings during the course of investment banking deal origination and execution; and,
• Leading teams of junior investment bankers to execute transactions, prepare client materials, and manage transaction processes.
• In the alternate, the employer will accept Bachelor’s degree and 5 years of progressively responsible experience.
• 10% domestic travel required, as necessary

If interested apply online ator email your resume toand reference the job title of the role and requisition number.

EMPLOYER:BofA Securities, Inc.

Job Description:

The Senior Treasury Sales Officer (TSO) is responsible for managing all aspects of the treasury management relationship for a large ($100M+), complex portfolio of current and prospective global clients in the North America Investments and Securities team. He or she will partner with Corporate Bankers, Product, Compliance, Credit, Risk and Service partners to present optimal global solutions to meet client objectives.

Responsibilities:

• Focus on growth of new client relationships and expansion of existing relationships by identifying and cross selling our global payment solutions

• Accountable and responsible for revenue and balance growth, profitability optimization, client planning, client calling, portfolio development, pricing strategy, and proposal development and delivery for a dedicated client portfolio

• Maintain a strong client focus, industry expertise, client subsector expertise and a broad understanding of bank structures

• Lead, coach, develop Treasury Sales Analysts and Associates in day to day support of client deliverables

• Be a digital ambassador driving mobile, digital and real time payments adoption

• Manage and lead strategic dialogues around key client centric issues, leveraging best practices, peer benchmarking and industry data analytics

• Maintain regular client interactions with on-site or virtual meetings, industry conferences, roundtables and client events

Job Qualifications:

• Minimum 8 to 10 years of relevant experience in banking, treasury, and/or finance

• Successful history of direct and comprehensive treasury management sales experience

• Demonstrates the ability to identify, evaluate and articulate payment flows and potential associated risks for a complex/high risk client segment

• Demonstrates the ability to foster strong partnerships within the core team and the ability to build a sincere rapport with client contacts

• Effectively manages competing priorities in an organized fashion while maintaining a consistent level of client satisfaction

• Effectively manages risk while balancing the needs of the client, the team, and the bank

• Able to effectively work as an individual contributor as well as a close team member in a fast paced environment

• Broad and deep familiarity with global treasury management products, services and trends

• Strong Executive presence both internally/externally with ability to lead C- suite meetings

• Ability to travel approximately 50% of the time

• B.S/B.A Degree or equivalent work experience

Skills:

• Account Management

• Business Development

• Client Management

• Client Solutions Advisory

• Customer and Client Focus

• Critical Thinking

• Portfolio Analysis

• Presentation Skills

• Relationship Building

• Sales Strategy

• Coaching

• Collaboration

• Oral Communications

• Prioritization

Responsibilities:

• Responsible for risk management and trading activities with limited direction from more senior staff.

• Manage workflow from front to back, including quotes, hedges, trades and downstream processes to minimize operational risks while optimizing market risk.

• Work closely with sales across varying time zones to get the "right price" to the "right client" given risk tolerance and balance sheet constraints.

• Conduct profit and loss and risk reconciliation.

• Detailed collateral analysis of large data sets of loans in order to determine securitization structures.

• Responsible for valuing a range of collateral asset types from auto loans to student loans to equipment leases.

• Conduct securitization analysis for rating agency optimization.

• Trade securities and loans across asset-based finance with a focus on student loans and other consumer loans.

• Build cashflow models using industry-standard cashflow engines, including lntex Cal and lntex Dealmaker.

• Pricing asset-backed securities backed by consumer and commercial assets in order to advise issuers on pricing consumer and commercial ABS by analyzing collateral comparisons, historical performance, and investor demand.

• Use originating, structuring, distributing, and providing structural advice to issuer clients.

• Conduct financial modeling with a focus on rating agency methodologies for cash and synthetic securitizations to assist banks with valuing and divesting portfolios of consumer loans.

• Synthesize large data sets by applying statistical methods using polynomial regression analysis.

• Use lntex Cale, lntex Dealmaker, Bloomberg, and Collateral Analysis System to convert a loan tape of thousands of loans into a tradeable asset that can be easily valued.

• Perform consumer and asset-based whole loan pricing and securitization analysis.

Required Skills & Experience:

• Master's degree or equivalent in Business Administration, Economics, Finance or related: and

• 3 years of experience in the job offered or a related Finance occupation.

• Must include 3 years of experience in each of the following:

• Pricing asset-backed securities backed by consumer and commercial assets in order to advise issuers on pricing consumer and commercial ABS by analyzing collateral comparisons, historical performance, and investor demand;

• Using originating, structuring, distributing, and providing structural advice to issuer clients;

• Conducting financial modeling with a focus on rating agency methodologies for cash and synthetic securitizations to assist banks with valuing and divesting portfolios of consumer loans;

• Synthesizing large data sets by applying statistical methods using polynomial regression analysis;

• Using lntex Cale, lntex Dealmaker, Bloomberg, and Collateral Analysis System to convert a loan tape of thousands of loans into a tradeable asset that can be easily valued; and,

• Performing consumer and asset-based whole loan pricing and securitization analysis.

• In the alternative, the employer will accept a Bachelor's degree and 5 years of progressively responsible experience.

• 10% domestic and international travel required, as necessary.

If interested apply online at or email your resume to and reference the job title of the role and requisition number.

EMPLOYER: BofA Securities, Inc.

RESPONSIBILITIES:

• Develop and enhance the quantitative methodologies for IPV and associated Fair Value and Prudent Valuation Adjustments.

• Define Fair Value Hierarchy classification and justification, i.e. creating the framework for a given product, risk, or portfolio as appropriate.

• Work closely with Traders, Market Risk, Model Risk Management, Front Office Quants, Product Controllers, and Senior Managers on Valuation related matters.

• Communicate complex valuation matters to Senior Management, Auditors, and Regulators.

• Leveraging expert knowledge of financial markets, products, and quantitative background to critically evaluate the IPV results and support resolution of IPV differences.

• Support Front Office Model Governance through the review of model limitations and potential impact on Fair Value.

• Utilize input of market parameters (swap rates, spreads, cap/floor and swaption vols, exchange-traded securities across different currencies) to ensure accurate derivatives portfolio valuation, including Greeks, mark-to-market (MTM), and PnL attribution.

• Apply product knowledge of Interest Rate derivatives (Swaps, Swaptions, Bermudan Swaptions, CMS Swaps, CMS Cap/Floor) and market risk principles to assess valuation approaches and models.

• Track global financial markets, analyze market movements, conduct monthly valuation analysis, and ensure accurate curve marking and trade reconciliation.

• Utilize financial derivatives pricing models (Yield Curve Construction, SABR model) to evaluate model performance, calibrate to market data, and collaborate with model owners to address limitations.

• Conduct independent valuation validation, develop Fair Value Hierarchy Classification, and ensure compliance with valuation uncertainty controls.

• Implement Python-based automated solutions for valuation reports, fair value and liquidity valuation adjustments, and prudent valuation adjustments.

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

REQUIRED SKILLS & EXPERIENCE:

• Master's degree or equivalent in Finance, Mathematics, Statistics, Quantitative Finance, or related; and

• 2 years of experience in the job offered or a related Quantitative occupation.

• Must include 2 years of experience in each of the following:

• Utilizing input of market parameters (swap rates, spreads, cap/floor and swaption vols, exchange-traded securities across different currencies) to ensure accurate derivatives portfolio valuation, including Greeks, mark-to-market (MTM), and PnL attribution;

• Applying product knowledge of Interest Rate derivatives (Swaps, Swaptions, Bermudan Swaptions, CMS Swaps, CMS Cap/Floor) and market risk principles to assess valuation approaches and models;

• Tracking global financial markets, analyzing market movements, conducting monthly valuation analysis, and ensuring accurate curve marking and trade reconciliation;

• Utilizing financial derivatives pricing models (Yield Curve Construction, SABR model) to evaluate model performance, calibrate to market data, and collaborate with model owners to address limitations;

• Conducting independent valuation validation, developing Fair Value Hierarchy Classification, and ensuring compliance with valuation uncertainty controls; and,

• Implementing Python-based automated solutions for valuation reports, fair value and liquidity valuation adjustments, and prudent valuation adjustments.

If interested apply online at or email your resume to and reference the job title of the role and requisition number.

RESPONSIBILITIES:

• Perform enhancement of pricing and risk models to incorporate new market or products features.

• Conduct quantitative analysis of the current markets trends and trading strategies.

• Perform numerical analysis of existing models and implementation and testing of performance enhancements; Investigate and improve high-frequency algorithmic trading strategies.

• Generate required documentation and testing to support model risk management ongoing model review and validation.

• Work with front office technology teams to integrate models into the trading and risk systems.

• Perform work required to support regulatory and compliance requirements such as Comprehensive Capital Analysis and Review.

• Develop and maintain large and complex codebases using strong programming and technical skills in Python and database languages including SQL and KDB/Q.

• Research and model of capital market events including hedging and alpha strategies.

• Develop optimization libraries for risk hedging, trade sizing, and expected return maximization.

• Generate required documentation including new user guides, wiki/faq pages and unit testing framework to support model risk management's ongoing model review.

• Perform work to monitor trade volatility and portfolio stress testing to support regulatory and compliance requirements.

• Perform quantitative analysis using large financial datasets to identify current market trends, data engineering and architecture development for daily processes automation, and building visualization tools to interact with data and gather insights.

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

REQUIRED SKILLS & EXPERIENCE:

• Master's degree or equivalent in Quantitative Finance, Statistics, Computational Finance, Physics, Engineering (any), or related: and

• 3 years of experience in the job offered or a related Quantitative occupation.

• Must include 3 years of experience in job offered or related quantitative occupation. Must include 3 years of experience in each of the following:

• Developing and maintaining large and complex codebases using strong programming and technical skills in Python and database languages including SQL and KDB/Q;

• Researching and modeling of capital market events including hedging and alpha strategies;

• Developing optimization libraries for risk hedging, trade sizing, and expected return maximization;

• Generating required documentation including new user guides, wiki/faq pages and unit testing framework to support model risk management's ongoing model review;

• Performing work to monitor trade volatility and portfolio stress testing to support regulatory and compliance requirements; and,

• Performing quantitative analysis using large financial datasets to identify current market trends, data engineering and architecture development for daily processes automation, and building visualization tools to interact with data and gather insights.

If interested apply online at or email your resume to and reference the job title of the role and requisition number.

EMPLOYER:BofA Securities, Inc.

Job Description:

Job Description:

• Research, develop and implement investment solutions.
• Support new financial investment portfolio management functions through algorithm development and testing.
• Ongoing review and monitoring of enhanced overlay products and services.
• Collaboration across Product, Platform, Channel, CIO, Research and Control partners to deliver investment solutions.
• Oversight and maintenance of internal firm model portfolios and coordination of rebalance activities.
• Support of restrictions and replacement securities.

Required Qualifications:

• Must be intellectually curious and have strong critical thinking skills to solve complex problems.
• Should be able to multi-task, take ownership and deliver in a fast-paced environment.
• Requires good interpersonal skills and ability to collaborate and communicate effectively in groups.
• Requires good time management skills to deliver within project management deadlines.

Desired Qualifications:

• Bachelor’s Degree in Finance, Mathematics or Economics.
• Minimum 2-5 years of experience in a financial firm with some experience in investment products or investment management.
•Series 65 or pursuit of the CFA charter is a plus.
•Advanced Excel VBA skills and Python experience is favorable.
•Knowledge of tax efficient products or services is a plus.

Skills:

• Active Listening
• Attention to Detail
• Research
• Usability Testing
• Data Collection and Entry
• Issue Management
• Networking
• Project Management
• Reporting
• Agile Practices
• Process Design
• Recording/Organizing Information
• Technical Documentation
• Written Communications

High School Diploma / GED / Secondary School or equivalent