Bank Of America ASO FICC Trading/ Global Mortgages- ABS Banking 

United States, New York, New York 

375352410

Job Description:

ABS Banking & Finance, part of Global Mortgages and Securitized Products, is responsible for origination and execution of term asset-backed securities (ABS) transactions and secured lending transactions. We manage a secured loan portfolio of approximately$

ABSF is a

This job is responsible for performing financial and statistical analyses, conducting research, and participating in specific client and deal teams. Key responsibilities include developing client presentations and structuring and execution activities. Job expectations may include rotating through any of the multiple client management, credit management, and capital raising product areas across Global Corporate and Investment Banking in a sales function.

Responsibilities:

• Conducts financial analyses and prepares support documentation for client presentations
• Researches products and services in the market to gain insight into marketing and sales trends
• Supports the trading strategy to build effective client relationships and provide customized products and services to clients
• Participates in due diligence sessions, while communicating and interacting with deal team members
• Assists with sales, trading, and hedging activities and documents key findings for the team

The ABS Analytics team (which is part of ABSF) supports our origination and execution efforts as follows:

• Using BAML’s internal structuring tools, model new/proposed transactions as well as reverse engineer existing transactions and make recommendations on how to improve the efficiency of the trade.
• Using Intex DealMaker, create 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.
• Structure, rate and price securities for our issuer clients.
• Review modeling assumptions in offering documents and tie-out with accountants.
• Interact with both our issuer and investor clients to explain modeling assumptions and results.​

Skills:

• Business Development
• Causation Analysis
• Client Management
• Critical Thinking
• Financial Analysis
• Attention to Detail
• Customer and Client Focus
• Regulatory Compliance
• Research Analysis
• Risk Analytics

• Microsoft Office (Excel, PowerPoint), C++, Microsoft VBA, Access, Intex

• Previous financial modeling experience preferred

• The candidate should have high technical skills and an interest in learning and working in ABS

• Strong verbal and written communication, presentation skills

• Ability to multi-task in a fast-paced environment

• Financial services experience or related industry experience preferred

Minimum Education Requirement:

• Bachelor’s Degree required, concentration in Computer Science, Math, Engineering, or Computational Finance preferred

1st shift (United States of America)