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
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