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!
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Job Description:
This job is responsible for distributing debt or equity products to an assigned account base. Key responsibilities include determining which products best meet client's needs and developing new approaches to meet client's needs and market dynamics. Job expectations may include studying market relationships and current market conditions to increase account/market penetration.
Responsibilities:
- Supports the management of client engagements, account management, complex deals, and/or emerging solution opportunities with clients
- Analyzes market relationships and current market conditions to identify opportunities to increase account/market penetration
- Provides financial services advice to clients to determine which products best meet their needs
- Develops and executes strategies for increased account connectivity and production, in partnership with trading, other product areas, client management, and across the larger organization
- Generates analysis for clients related to custom financial derivatives and quantitative investment strategies to assist clients in determining which products would achieve their business goals
The Insurance sales team, a focus business for the firm, is seeking a NYC based derivatives salesperson. The team leverages the firm's resources to provide its insurance clients with derivative based solutions for risk management and expression of market views. Partnering with Structuring, Trading, and Research the salesperson will focus on both supporting and growing the firm's derivatives footprint with our insurance clients. The role will include collaboration with Structuring and Trading on the design of innovative, rules-based QIS solutions for asset and liability management. Strong communication skills are needed to engage with traders and risk management teams of the firm's insurance clients.
Insurance Salesperson
- 5y+ of Prior Derivative Product Experience
- Excellent Communication Skills (written and oral)
- Strong Quantitative Background
- Meticulous attention to detail, diligence, and conscientiousness
- Strong desire and ability to drive efficiencies
- Creative in Problem Solving / Idea Generation
- Works Well across Business Lines
- Excellent Partnership and Communication Skills
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
$200,000.00 - $225,000.00 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.