Product Specialist II UHNW, Market Linked Investments

Employer
Bank of America Merrill Lynch
Location
New York, USA
Salary
Competitive
Posted
Sep 19, 2021
Closes
Sep 27, 2021
Ref
12132043
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Job Description:

Description

The Structuring, Origination & UHNW Solutions team ("the Team") is cross-asset structured products unit responsible for originating, structuring, positioning and executing transactions for both retail and Ultra High Net Worth clients based across the Americas. Focus on over-the-counter and securitized cross-asset products with embedded vanilla or light-exotic optionality on equity, commodities, currencies, interest rates and hybrid underlying assets. Total transacted notional outstanding over $20 billion generating more than US$300+ million in revenues per annum to the firm.

As part of their responsibilities, professionals on the Team develop research-driven strategic and tactical trading ideas; interact with Financial Advisors to provide advice on portfolio hedging and positioning based on client's objectives and risk tolerance; and engage in the structuring, origination, positioning and execution of OTC derivatives and fully funded transactions across all the asset classes.

The ideal candidate will have strong FX and fixed-income background as well as general cross-asset derivatives skills and at least 2 years of prior experience working in client coverage and/or product capacity.

The successful candidate will be a well-rounded individual who possesses strong quantitative, analytical and communication skills. This person will be responsible for all aspects of the execution, origination and marketing of the previously mentioned products; including executing FX flow transactions, preparing term sheets, pricing FICC derivatives, preparing ideas/marketing materials and presentations.

The candidate will be extremely organized and motivated, and should have a general knowledge of global economies, macro topics and financial markets.

Key Responsibilities

* Executing FX flow transactions
* Facilitate the origination, marketing, pricing, positioning and execution of OTC products, with focus on FX, fixed-income and commodities
* Interact with sales specialists, financial advisors, trading and structures on a daily basis to relay market color, research, and trading related information
* Identify research-driven trading ideas and market opportunities to drive business
* Liaise and interact with traders to facilitate transactions and provide competitive pricing for clients
* Conduct marketing presentations in front of large audiences
* Assist in the on-boarding process of clients
* Liaise with senior management and members of legal, compliance, trading and research
* Proactively develop and maintain relationships with financial advisors and clients

Candidate Qualifications

* At least 4 years of relevant work and analytical experience in the areas described above
* Multi-tasking and ability to work under pressure
* Strong marketing and presentation skills
* Ability to work as a team player in a dynamic, fast-paced and collaborative work environment
* FINRA registered representative with Series 7 required
* Strongly preferably Series 66 (or equivalent), or willingness to take the tests as needed
* Master's degree and/or CFA are desirable but not necessary
* Excellent Bloomberg and MS Office skills
* Very strong quantitative, analytical and communication skills.

Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
Job Description:

Description

The Structuring, Origination & UHNW Solutions team ("the Team") is cross-asset structured products unit responsible for originating, structuring, positioning and executing transactions for both retail and Ultra High Net Worth clients based across the Americas. Focus on over-the-counter and securitized cross-asset products with embedded vanilla or light-exotic optionality on equity, commodities, currencies, interest rates and hybrid underlying assets. Total transacted notional outstanding over $20 billion generating more than US$300+ million in revenues per annum to the firm.

As part of their responsibilities, professionals on the Team develop research-driven strategic and tactical trading ideas; interact with Financial Advisors to provide advice on portfolio hedging and positioning based on client's objectives and risk tolerance; and engage in the structuring, origination, positioning and execution of OTC derivatives and fully funded transactions across all the asset classes.

The ideal candidate will have strong FX and fixed-income background as well as general cross-asset derivatives skills and at least 2 years of prior experience working in client coverage and/or product capacity.

The successful candidate will be a well-rounded individual who possesses strong quantitative, analytical and communication skills. This person will be responsible for all aspects of the execution, origination and marketing of the previously mentioned products; including executing FX flow transactions, preparing term sheets, pricing FICC derivatives, preparing ideas/marketing materials and presentations.

The candidate will be extremely organized and motivated, and should have a general knowledge of global economies, macro topics and financial markets.

Key Responsibilities

* Executing FX flow transactions
* Facilitate the origination, marketing, pricing, positioning and execution of OTC products, with focus on FX, fixed-income and commodities
* Interact with sales specialists, financial advisors, trading and structures on a daily basis to relay market color, research, and trading related information
* Identify research-driven trading ideas and market opportunities to drive business
* Liaise and interact with traders to facilitate transactions and provide competitive pricing for clients
* Conduct marketing presentations in front of large audiences
* Assist in the on-boarding process of clients
* Liaise with senior management and members of legal, compliance, trading and research
* Proactively develop and maintain relationships with financial advisors and clients

Candidate Qualifications

* At least 4 years of relevant work and analytical experience in the areas described above
* Multi-tasking and ability to work under pressure
* Strong marketing and presentation skills
* Ability to work as a team player in a dynamic, fast-paced and collaborative work environment
* FINRA registered representative with Series 7 required
* Strongly preferably Series 66 (or equivalent), or willingness to take the tests as needed
* Master's degree and/or CFA are desirable but not necessary
* Excellent Bloomberg and MS Office skills
* Very strong quantitative, analytical and communication skills.

Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
Job Description:

Description

The Structuring, Origination & UHNW Solutions team ("the Team") is cross-asset structured products unit responsible for originating, structuring, positioning and executing transactions for both retail and Ultra High Net Worth clients based across the Americas. Focus on over-the-counter and securitized cross-asset products with embedded vanilla or light-exotic optionality on equity, commodities, currencies, interest rates and hybrid underlying assets. Total transacted notional outstanding over $20 billion generating more than US$300+ million in revenues per annum to the firm.

As part of their responsibilities, professionals on the Team develop research-driven strategic and tactical trading ideas; interact with Financial Advisors to provide advice on portfolio hedging and positioning based on client's objectives and risk tolerance; and engage in the structuring, origination, positioning and execution of OTC derivatives and fully funded transactions across all the asset classes.

The ideal candidate will have strong FX and fixed-income background as well as general cross-asset derivatives skills and at least 2 years of prior experience working in client coverage and/or product capacity.

The successful candidate will be a well-rounded individual who possesses strong quantitative, analytical and communication skills. This person will be responsible for all aspects of the execution, origination and marketing of the previously mentioned products; including executing FX flow transactions, preparing term sheets, pricing FICC derivatives, preparing ideas/marketing materials and presentations.

The candidate will be extremely organized and motivated, and should have a general knowledge of global economies, macro topics and financial markets.

Key Responsibilities

* Executing FX flow transactions
* Facilitate the origination, marketing, pricing, positioning and execution of OTC products, with focus on FX, fixed-income and commodities
* Interact with sales specialists, financial advisors, trading and structures on a daily basis to relay market color, research, and trading related information
* Identify research-driven trading ideas and market opportunities to drive business
* Liaise and interact with traders to facilitate transactions and provide competitive pricing for clients
* Conduct marketing presentations in front of large audiences
* Assist in the on-boarding process of clients
* Liaise with senior management and members of legal, compliance, trading and research
* Proactively develop and maintain relationships with financial advisors and clients

Candidate Qualifications

* At least 4 years of relevant work and analytical experience in the areas described above
* Multi-tasking and ability to work under pressure
* Strong marketing and presentation skills
* Ability to work as a team player in a dynamic, fast-paced and collaborative work environment
* FINRA registered representative with Series 7 required
* Strongly preferably Series 66 (or equivalent), or willingness to take the tests as needed
* Master's degree and/or CFA are desirable but not necessary
* Excellent Bloomberg and MS Office skills
* Very strong quantitative, analytical and communication skills.

Shift:
1st shift (United States of America)

Hours Per Week:
40

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