Equity Trader jobs in United States, New York, New York

Job Description:

The Gaming & Lodging team covers over 30 publicly listed companies including Sports Betting Operators, Hotels, Casinos, and REITs and has been ranked Top 3 in the annual Institutional Investor (II) poll for the 15 years, including number 1 the last 4 years.

Responsibilities

• Perform financial modeling & valuation work
• Update, analyze and compile complicated datasets in databases using Excel
• Derive key insights from data trends and analysis
• Monitor, compile, and summarize/model key industry news and developments incl. via social media
• Seek out new, unusual sources of information to augment our research capabilities/insights
• Write and update company and industry data reports and trends
• Closely follow and understand stock market, industry and company specific activity, and relay to the analyst when he/she is traveling
• Develop industry knowledge and business judgment over time

Qualifications

• Bachelor’s Degree or equivalent years of experience
• For finance candidates, minimum 9-12+ months experience in accounting, corporate finance, research, banking or consulting for finance oriented candidates
• For engineering/math STEM candidates, strong communication skills and some working knowledge of financial modeling, statements and analysis
• Strong modeling and financial analysis skills (income statement, balance sheet, and cash flow statement in Excel)
• Strong attention to detail, and understanding of MS Office for formatting charts, tables and exhibits
• Knowledge of statistics and/or data analytics/data science techniques; skills with both AI promoting, and python programming a plus
• General interest in the stock market and/or financial markets
• Must work well in a fast-paced, intense and collaborative team environment

Responsibilities:

• Closely follow and interpret a wide range of signals, trends, and indicators including but not limited to fundamental, macroeconomic, sentiment, positioning and technical frameworks to help determine views
• Keep abreast of academic and practitioner research in the area of quantitative investment techniques, AI and ML models
• Assist in creating exhibits and written materials on investable themes.
• Market the team’s views to sales, institutional investors and the Merrill Global Wealth & Investment Management and approved media channels
• Service clients’ bespoke quantitative research needs with varying degrees of complexity in a timely manner
• Constantly seek out new, value-added, and/or unusual sources of information
• Develop and maintain databases, indicators, and financial models integral to our research product
• Produce collaborative reports across asset classes and with fundamental analysts
• Help produce a weekly email compilation for clients, creatively packaging weekly content in an easily digestible note and curating macro research across BofA

Requirements:

• Bachelor’s degree in STEM field or equivalent years of experience, graduate work desirable
• 1-5years of experience in Financial Services, Technology or fields relevant to the role
• Strong proficiency in Microsoft Excel, Word and PowerPoint
• Experience with AI/ML techniques, large datasets, statistical analysis
• Experience with Bloomberg, FactSet, other market data applications a plus
• Comfort with public speaking/presenting to large audiences in a variety of formats (in-person, video, etc.)
• Willing to take initiative, take the lead on projects/tasks, and meet deadlines under minimal supervision.
• Strong attention to detail‎, ability to work under pressure
• Team player; ability and desire to collaborate
• Excellent project management abilities
• Strong detail orientation/ a passion for accuracy
• Excellent analytical background & strong conceptual skills
• Strong business writing skills
• Passion for financial markets

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.

Job Description:

He or she will work alongside the Senior Analyst and Associates in all aspects of the research process, from idea generation to modeling, including but not limited to the following:

• Write industry and company reports and company launch initiations
• Develop doctor/patient surveys and conduct doctor interviews to understand market dynamics, demand and future projection
• Build financial models to quantitatively analyze company valuations
• Demonstrate industry knowledge (such as regulatory, pricing) from early-stage study to market approval
• Build relationships and facilitate information flow with contacts at covered companies
• Seek out new, value-added and/or unusual sources of information
• Have ability to monitor news flow and highlight stock-impacting updates when the Senior Analyst is traveling
• Interact regularly with sales, trading and external clients and if performance on team is strong enough, take on coverage of individual names over time

This position has a requirement of being in the office 4 days per week.

Qualifications:

• Bachelor’s Degree or equivalent years of experience (Advanced degree in life science discipline is a plus)
• Ideal candidate would have 1-4 years of experience in biotech equity research, buy side experience or investment banking experience
• Strong writing and financial modeling skills is a must
• Must enjoy following the stock market and doing desktop and field research
• Academic background in a life science field and should understand economics, macroeconomic factors and policy
• Must have excellent communications skills, written and verbal
• Must have strong attention to detail, ability to multi-task
• Must work well in a collaborative team environment
• Must have strong desire to be a team player and view team’s success as a reflection of individual success

Job Description:

He or she will work alongside the Senior Analyst and Associates in all aspects of the research process, from idea generation to modeling, including but not limited to the following:

• Write industry and company reports and company launch initiations
• Develop doctor/patient surveys and conduct doctor interviews to understand market dynamics, demand and future projection
• Build financial models to quantitatively analyze company valuations
• Demonstrate industry knowledge (such as regulatory, pricing) from early-stage study to market approval
• Build relationships and facilitate information flow with contacts at covered companies
• Seek out new, value-added and/or unusual sources of information
• Have ability to monitor news flow and highlight stock-impacting updates when the Senior Analyst is traveling
• Interact regularly with sales, trading and external clients and if performance on team is strong enough, take on coverage of individual names over time

This is an in office position with requirement to be in office four days per week

Qualifications:

• Bachelor’s Degree or equivalent years of experience (Advanced degree in life science discipline is a plus)
• Ideal candidate would have 2+ years of experience in Therapeutics investment banking, large cap biotech equity research or buy side experience
• Strong writing and financial modeling skills is a must
• Must enjoy following the stock market and doing desktop and field research
• Academic background in a life science field and should understand economics, macroeconomic factors and policy
• Must have excellent communications skills, written and verbal
• Must have strong attention to detail, ability to multi-task
• Must work well in a collaborative team environment
• Must have strong desire to be a team player and view team’s success as a reflection of individual success
• Will on occasion be asked to participate in vetting of private and/or publicly traded companies for transaction purposes