Market Analyst jobs in United States, New York, New York

Job Description:

Merrill 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.

Job Description:

This job is responsible for leading the overall service delivery model to include the bank's digital offerings and wealth management banking strategy in the market while working with the Home Office to ensure superior client service. Key responsibilities include partnering with the market leadership team, Market Executives, Resident Directors, Financial Advisors, Wealth Management Client Associates, and Wealth Management Associates to facilitate daily business needs. Job expectations include driving responsible growth while minimizing regulatory, financial, operational, and reputational risks.

is a direct report to the Division Client Relationship Executive (DCRE) with dual reporting to the Merrill Wealth Management Market Executive (ME). The MCRM functions as a member of the market leadership team and manages the Wealth Management Client Associates, Operations support staff, and the branch's Operations Department. The MCRM is responsible for delivering firm strategy through the execution of the Market Strategy Plans. MCRMs partner closely with advisor teams to deliver a branded client service model focusing on digital solutions and enterprise capabilities. Additionally, the MCRM serves as the Lead and Referral Coordinator for the market and manages the market expenses. The MCRM partners closely with the Senior Client Relationship Manager (SCRM) to support the ongoing development of the Elite Growth Practice roles, Wealth Management Client Associates, and the Operations staff.

Responsibilities:

• Leads the service delivery model and wealth management banking strategy of respective markets to drive business growth

• Hires, develops, and leads a team of cross-functional professionals to support Financial Advisor teams and deliver outstanding client service

• Supervises financial transactions and operations to drive risk management best practices and ensure compliance with policies and procedures, while preparing to effectively manage any type of branch audit

• Oversees the client service experience and reviews the approval of new client accounts

• Leads Wealth Management Client Associates and the branch Operations Department to meet and exceed the bank's client service expectations and operational excellence goals

Managerial Responsibilities:

This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.

• Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.

• Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.

• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.

• People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.

• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.

• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.

• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

Specific responsibilities include, but are not limited to:

• Ensuring client service expectations are met and exceeded while balancing the risk and exposure for Merrill

• Managing the branch's Wealth Management Client Associates and Service Support Staff

• Representing the office and Merrill with clients, prospects, Financial Advisor recruits, vendors, regulators, and outside legal counsel

• Requires diversification and experience with Bank of America and Merrill Products & Services, Trend Analysis, Risk Assessment, Human Resources, and broad industry knowledge

• Coaching teams to deliver a modern, digital first service model focusing on client satisfaction

• Proactively identifying opportunities to connect Financial Advisors and clients to the broader enterprise

• Managing the daily operations ensuring compliance to industry regulations, and policies and procedures

Required Qualifications:

• Currently hold SIE, Series 7 AND Series 66 (or Series 63 AND Series 65), Series 9 AND Series 10 (or Series 8) or equivalent licenses and Series 3, 31 licenses, if warranted

• Minimum of 5+ years professional experience ​

Key Qualifications for the role:

• Current or previous Merrill Wealth Management experience strongly preferred

• Self-motivated and client centric

• Expert knowledge of regulatory and supervisory requirements and corporate policies and procedures

• Investment product knowledge (i.e., 401K, Options, Annuities, Tax, Retirement Plans, Money Funds, Mutual Funds, Liabilities, Margin, Trust Operations, etc.)

• Prior trend analysis experience

• Strong customer service and communication skills

• Strong management skills, including the ability to effectively plan, monitor, influence, negotiate, supervise and delegate

Desired Qualifications:

• Bachelor’s degree or equivalent work experience

Minimum Education Requirement:High School Diploma / GED / Secondary School or equivalent

Skills:

• Compensation Analysis

• Performance Management

• Process Performance Management

• Referral Management

• Workforce Planning

• Due Diligence

• Internal Audit Review

• Leadership Development

• Recruiting

• Risk Management

• Client Management

• Customer Service Management

• Employee Counseling

• Succession Planning

• Trade Operations Management

Responsibilities:

• Credit analysis: Participate in initial and ongoing due diligence of HFs. Perform quantitative and qualitative credit assessment, setting internal ratings and recommending credit limits
• Initial margin calculation: Determine initial margin (IM) and evaluate transactional risks associated with OTC and exchange traded derivatives, securities financing and structured trades
• Trade approval: Hold delegated approval authority to approve trading floor request (OTC derivatives) or to make recommendations to higher authority levels.
• Relationship management: Build strong working relationship with external HF clients, internal business partners including Sales, Structuring & Trading, Risk counterparts, Legal and Audit Function
• Risk monitoring: Undertake regular exposure analysis including internal stress testing and IM back testing. Monitoring of performance and AUM flow data received from HFs
• Trading documentation: Liaise with Legal and client in negotiating ISDA, CSA, GMRA etc.
• Portfolio reviews: Preparation of portfolio reports and reviews, including analysis of OTC and F&O exposures, any counterparties of concern and other pertinent risk issues.
• Candidate will be responsible for underwriting credit lines to support hedge fund client traded products.

Required Qualifications:

• 2+ years of prior hedge fund (Reg Fund or Financial Institution) risk management and/or hedge fund due diligence experience.
• Proficient with Microsoft Office.
• General knowledge of Hedge Funds, their strategies and financial derivatives.
• Candidate will have significant exposure to Global Markets personnel including Trading / Structuring / Sales, as well various support partners.
• Candidate must be comfortable working on transactions in a fast-paced capital markets/trading environment.
• Ability to thrive in a fast-paced environment, consistently meet deadlines, and demonstrate strong quantitative and analytical skills

Desired Qualifications:

• Bachelor's Degree
• Masters Degree
• CFA Charter Holder

Skills:

• Attention to Detail
• Client Management
• Decision Making
• Underwriting
• Credit Documentation Requirements
• Critical Thinking
• Portfolio Management
• Problem Solving
• Written Communications
• Financial Analysis
• Negotiation

High School Diploma / GED / Secondary School or equivalent

This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions.

Responsibilities:

• Analyzes client's financial performance by comparing it to past performance, projections, and industry standards

• Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted

• Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures

• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital

• Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings

• Perform financial, business industry, and transaction analyses, conduct research, and prepare supporting documentation for transaction credit approval

• Performs intensive qualitative and quantitative due diligence ontransaction structures, stress scenarios, financial models, engineer reports, and terms and conditions

• Participate in the underwriting and documentation of project finance and other credit facilities designed to meet both client and investor needs as well as balance the bank's internal risk/return requirements

• Provide input into key projects/initiatives across the bank

• Review the credit profile of key transaction counterparties (e.g. borrowers, servicers, sponsors and off-takers)

• Engage with various partners including GCIB Enterprise Credit Officers for recourse obligors, Enterprise Credit Risk, and Global Markets Risk

Required Qualifications:

• 1+ years’ experience in corporate or commercial credit at a financial institution

• 1+ years’ experience in project finance/tax equity/structured credit with a focus in energy, power, or infrastructure

Desired Qualifications:

• BA degree in Finance or related major

• Formal credit training program at financial institution

• Strong technical skills including quantitative financial modeling

Skills:

• Analytical Thinking

• Financial Analysis

• Financial Forecasting and Modeling

• Profitability Analysis

• Research Analysis

• Attention to Detail

• Business Acumen

• Credit and Risk Assessment

• Underwriting

• Written Communications

• Verbal Communication

• Academic Aptitude

• Quantative Skills

• Strategic and Creative Thinking

• Collaboration

• Critical Thinking

• Portfolio Analysis

• Prioritization

• Technical Documentation

Job Description:

Merrill 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.

This job is responsible for leading the market to ensure the delivery of an exceptional client experience and focusing on achieving sustainable, responsible growth through operational excellence and risk management. Key responsibilities include building a culture of excellence by recruiting, developing, and retaining top talent in an environment that is inclusive and supportive of all employees. Job expectations include establishing enterprise-wide relationships and protecting the bank's brand internally and externally.

Responsibilities:

• Develops and executes a market growth plan to increase profitability and drive sustainable responsible growth
• Recruits, coaches, and retains high-performing talent and leads a culture of diversity, inclusion, and respect
• Holds Advisors accountable for providing an exceptional client experience
• Fosters and leverages relationships to ensure coordinated delivery of the enterprise's full capabilities and offerings to clients by collaborating across all channels and product groups in the client's best interest
• Establishes a risk culture and ensures all team members are protecting the interests of the firm, while enhancing the client experience
• Manages the market Profit and Loss with a focus on revenue growth and return for shareholders
• Represents the firm in the community to increase brand visibility and enhance new and existing business opportunities

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Opportunity & Inclusion Champion: Breaks down barriers to create a more inclusive environment that supports company O & I goals.
• Manager of Process & Data: Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.
• Enterprise Advocate & Communicator: Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.
• Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.
• People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.
• Financial Steward: Efficiently allocates and manages resources across the organization to drive short and long term profitability.
• Enterprise Talent Leader: Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.
• Driver of Business Outcomes: Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage.

Desired Skills:

• 10+ years of Financial services experience.
• 4+ years of leading a team of advisors.
• Series 3 and 31 or ability to obtain.
• Series 7, Series 63 and 65 or 66, and Series 9 and Series 10 required.

Skills:

• Business Acumen
• Coaching
• Decision Making
• Drives Engagement
• Executive Presence
• Conflict Management
• Customer and Client Focus
• Inclusive Leadership
• Relationship Building
• Risk Management
• Emotional Intelligence
• Leadership Development
• Performance Management
• Process Effectiveness
• Recruiting

Responsibilities:

• Optimize portfolios to meet risk appetite, management objectives, regulatory constraints, balance sheet, and earnings goals.
• Interact with market participants through trade execution and meetings with external strategists and traders.
• Estimate risk premia and return distributions.
• Conduct scenario analysis of portfolio and prospective investments.
• Generate proposals for portfolio rebalancing.
• Understand the impact of various investment strategies on Enterprise Risk Management measures and limits.
• Partner with Quantitative Finance (“QF”) and Balance Sheet Management (“BSM”) to enable best-practice NII and OCI modeling techniques.
• Comply with and complete enterprise, Treasury, and regulatory oversight routines.
• Maintain horizontal relationships with BSM and additional internal business partners such as Enterprise Capital Management (“ECM”), Global Liquidity Management (“GLM”), Strategic Asset Liability Management (""SALM""), and Compliance.
• Recognize impacts of different products on various hedge accounting strategies.
• Leverage knowledge of interest rate markets, and pricing and risk management of interest rate derivatives in the context of enterprise risk hedging.
• Perform financial and statistical analysis by utilizing Excel spreadsheets and Bloomberg, and producing presentation materials to communicate findings.
• Perform financial transaction execution activities to manage interest rate risk.
• Collaborate with partner teams to ensure the timely completion of required documentation prior to transaction execution.
• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience:

• Master's degree or equivalent in Finance, Mathematics, Statistics, 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:
• Leveraging knowledge of interest rate markets, and pricing and risk management of interest rate derivatives in the context of enterprise risk hedging;
• Performing financial and statistical analysis by utilizing Excel spreadsheets and Bloomberg, and producing presentation materials to communicate findings;
• Performing financial transaction execution activities to manage interest rate risk; and,
• Collaborating with partner teams to ensure the timely completion of required documentation prior to transaction execution.

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