Vice President, Securities/Prod Specialist

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!

Responsibilities:

• Prepare client pitch materials, fixed/floating capital structure analysis, currency exposures, economic and market updates.
• Responsible for trade modeling, execution, booking, and processing.
• Work alongside senior coverage officers to provide interest rate and currency risk management advice to corporate clients.
• Develop a clear and thorough understanding across a variety of derivatives products such as FX forwards options, cross currency swaps, interest rate swaps, caps, and floors.
• Work closely with our Relationship Managers, Wholesale Credit, Risk and Global Markets Trading partners.
• Build/Deepen client relationships through regular contact, including in-person meetings, market updates via phone and email, and client events.
• Develop new client relationships with a focus on origination.
• Provide bespoke FX and Rates risk management solutions and structured products ideas to clients in Latin America.
• Price FX and Rates derivatives including forwards, swaps, and options.
• Provide relevant market updates and currency color to clients based on geopolitical and macroeconomic landscape using BBG, research, and public information sources.
• Communicate with senior stakeholders in business, risk, and management on advanced topics in FX and Rates structured products including interest rate and cross-currency swaps to manage currency exposure, yield curve strategies for structured notes, volatility surface modeling in option pricing, and Credit Valuation Adjustment (CVA) impacts on counterparty risk assessment.
• Analyze various risks including credit, legal, market, reputational, and regulatory risks involved in derivatives transactions, including calculating credit usage, CVA and RWA to meet adequate returns.

• Bachelor's degree or equivalent in Economics, Statistics, Finance, Business Administration or related: 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 a related finance occupation; Must include 5 years of experience in each of the following:
• Providing bespoke FX and Rates risk management solutions and structured products ideas to clients in Latin America;
• Pricing FX and Rates derivatives including forwards, swaps, and options;
• Providing relevant market updates and currency color to clients based on geopolitical and macroeconomic landscape using BBG, research, and public information sources;
• Communicating with senior stakeholders in business, risk, and management on advanced topics in FX and Rates structured products including interest rate and cross-currency swaps to manage currency exposure, yield curve strategies for structured notes, volatility surface modeling in option pricing, and Credit Valuation Adjustment (CVA) impacts on counterparty risk assessment; and,
• Analyzing various risks including credit, legal, market, reputational, and regulatory risks involved in derivatives transactions, including calculating credit usage, CVA and RWA to meet adequate returns.
• 10% international travel required, as necessary.