Equities, Senior Structurer

Company: Disability Solutions
Location: New York
Posted on: March 16, 2025

Job Description:

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 a diverse and 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.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!The equity derivatives structuring team develops and evaluates hedging solutions, investment products and design systematic strategies sold to institutional clients globally. Working closely with sales & trading, the structuring group translates trading axes, risk recycling and research ideas into investment products but also tailors solutions to provide yield enhancement, protection and portfolio asset allocation via options and rules-based indices. The process of designing solutions and products gives the opportunity to work on a wide variety of financial instruments including equity indices, single stocks, hybrids and multi-asset products.

• Product/Desk Overview
• The group is organized by geographical region and products skills divided into smart flows, structured products and investable indices derivatives. The client base includes: 3rd Party Distributors, Private Banks, Asset Managers, Hedge Funds, Pensions and Insurance Companies.Roles and Responsibilities
  • This position will be focused on equity derivatives Investable Indices, covering the whole trade lifecycle: from initial index design to backtesting, implementation, marketing, documentation, pitch and trade execution.
  • Research, Design and Implementation of Equity Volatility Alpha, Hedge, Equity Replacement Strategies using listed index options and futures & single stock options
  • Analysis and design of Hedging strategies to deliver targeted protection given expected market downturn scenarios while optimizing for carry costs
  • Collaborate with trading, sales, market risk, legal, tax, middle office, quant and technology departments for the launch of new Investable index solutions.
  • Market Equity Derivatives Investable indices to Pension Funds, Asset Managers, Family Offices and Insurance Carriers across regions.
  • Development and maintenance of models for economic and risk analysis, including price shock scenario analysis, price sensitivity models, options greek analysis, portfolio strategy modelling, leverage analysis, and other market risk models
  • Conduct market research to provide economic context to the risk and profitability of equity derivatives systematic strategiesExpectations and Required Skill Set
    • Master degree in Quantitative Field is preferred
    • Team player
    • Problem solving
    • Strong analytical and mathematical skills
    • Strong communication skills
    • Strong knowledge of financial derivatives products : structured products, hybrids, exotic payoffs
    • Strong programming skills in Python, Matlab, C++ , VBA in order to develop statistical and mathematical modelsShift:1st shift (United States of America)Hours Per Week: 40Pay Transparency detailsUS - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$200,000.00 - $300,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.

Keywords: Disability Solutions, New York , Equities, Senior Structurer, Accounting, Auditing , New York, New York