Skip to main contentA logo with &quat;the muse&quat; in dark blue text.

Vice President; Securities/Product Salesperson

AT Merrill
Merrill

Vice President; Securities/Product Salesperson

New York, NY

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.

Want more jobs like this?

Get Sales jobs in New York, NY delivered to your inbox every week.

By signing up, you agree to our Terms of Service & Privacy Policy.


At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Responsibilities:

  • Distribute debt/equity products to assigned account base with limited direction from more senior associates.
  • Develop and maintain client relationships and determine which products best meet clients' investment needs.
  • Study market relationships and current market conditions to increase account/market penetration.
  • Educate clients on various hedging products that can mitigate potential exposures and assist in the execution of hedging strategies.
  • Evaluate clients' business to identify potential exposures.
  • Assist clients in implementing required ISDA and Dodd Frank documentation to execute hedging transaction.
  • Facilitate desk-client interaction, generating innovative trade ideas and assessing the credit and macroeconomic environment.
  • Work on pitches and live transactions, including modeling, portfolio analysis, investor analysis, as well as prepare presentations and review legal documentation.
  • Interact with rating agencies, investors, asset managers, and lawyers.
  • Identify revenue opportunities for equity and fixed income financial derivatives.
  • Analyze financial instruments including equities, bonds, futures, swaps to advise clients on the best implementation route for their investments.
  • Evaluate the market environment to structure and distribute financial derivatives for clients to gain market access and/or hedge their portfolios efficiently.
  • Assess regulatory impact on balance sheet and/or capital metrics and proposing relevant structures to clients.
  • Provide in-depth market insight and elaborate investment ideas based on client's portfolios.

Required Skills & Experience:

  • Bachelor's degree or equivalent in Business Administration, Finance, Management, or related: and
  • 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:
  • Identify revenue opportunities for equity and fixed income financial derivatives;
  • Analyze financial instruments including equities, bonds, futures, swaps to advise clients on the best implementation route for their investments;
  • Evaluate the market environment to structure and distribute financial derivatives for clients to gain market access and/or hedge their portfolios efficiently;
  • Assess regulatory impact on balance sheet and/or capital metrics and proposing relevant structures to clients; and,
  • Provide in-depth market insight and elaborate investment ideas based on client's portfolios.
  • 15% international travel, as necessary.

If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.

Employer: BofA Securities, Inc.

Shift:
1st shift (United States of America)

Hours Per Week:
40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$225,000.00 - $235,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Client-provided location(s): New York, NY, USA
Job ID: Merrill-JR-25023762
Employment Type: Full Time