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AVP; Corp Inv Portfolio Analyst

AT Merrill
Merrill

AVP; Corp Inv Portfolio Analyst

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

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Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

RESPONSIBILITIES:

  • Optimize portfolios to meet risk appetite, management objectives, regulatory constraints, balance sheet, and earnings goals.
  • Estimate risk premia and return distributions; conduct scenario analysis of portfolio and prospective investments generate proposals for portfolio rebalancing.
  • Perform relative value analysis between and within sectors of the fixed income market.
  • Interact with market participants through trade execution and meetings with external strategists and traders.
  • Price and execute structured trades accurately and efficiently in fixed income securities and derivatives.
  • Monitor and verify the application of recommended strategies.
  • Partner with Quantitative Finance and Balance Sheet Management and Treasury Finance to enable best-practice interest rate, NII and OCI modeling techniques.
  • Maintain horizontal relationships with internal business partners such as Enterprise Capital Management, Global Liquidity Management, Strategic Asset Liability Management, and Compliance.
  • Address real-time transaction and risk challenges, coordinating with team members, risk, and business partners to implement strategic solutions.
  • Utilize statistical methodologies, including econometrics, linear and non-linear regression methodologies and time series analysis for portfolio analysis and risk management.
  • Identify functional gaps proactively and resolving issues prior to projects' or programs' launch to ensure operational readiness.
  • Design and implement modeling tools to facilitate trades and transactions, and visualization dashboards for continuous monitoring and reporting, and enhancing decision-making process.
  • Remote work may be permitted within a commutable distance from the worksite.

REQUIRED SKILLS & EXPERIENCE:

  • Bachelor's degree or equivalent in Finance, Economics, Mathematics or related; and
  • 2 years of experience in the job offered or a related quantitative occupation.
  • Must include 2 years of experience in each of the following:
  • Addressing real-time transaction and risk challenges, coordinating with team members, risk, and business partners to implement strategic solutions;
  • Utilizing statistical methodologies, including econometrics, linear and non-linear regression methodologies and time series analysis for portfolio analysis and risk management;
  • Identifying functional gaps proactively and resolving issues prior to projects' or programs' launch to ensure operational readiness; and,
  • Designing and implementing modeling tools to facilitate trades and transactions, and visualization dashboards for continuous monitoring and reporting, and enhancing decision-making process.

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: Bank of America N.A.

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

$146,000.00 - $160,600.00 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-24043512
Employment Type: Full Time