Associate, Global Credit and Special Situations-Structured Products
Bank of America, New York, NY, United States
Associate, Global Credit and Special Situations-Structured Products
New York, New York
To proceed with your application, you must be at least 18 years of age.
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Bank of America employees are required to meet all
posting eligibility requirements
prior to applying for any new position.
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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 an 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.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for performing financial and statistical analyses, conducting research, and participating in specific client and deal teams. Key responsibilities include developing client presentations and structuring and execution activities. Job expectations may include rotating through any of the multiple client management, credit management, and capital raising product areas across Global Corporate and Investment Banking in a sales function.
The CLO Primary business within Global Credit & Special Situations - Structured Products is responsible for the origination, structuring, execution, and syndication of CLO/CDO transactions. The team works with leading asset managers, insurance companies, hedge funds, and private equity firms, and partners closely with the firm's CLO trading, financing, leveraged finance, and high yield franchises.
Responsibilities:
Conducts financial analyses and prepares support documentation for client presentations
Researches products and services in the market to gain insight into marketing and sales trends
Supports the trading strategy to build effective client relationships and provide customized products and services to clients
Participates in due diligence sessions, while communicating and interacting with deal team members
Assists with sales, trading, and hedging activities and documents key findings for the team
Support and lead execution of new-issue CLO transactions for bank-affiliated and third-party issuer clients.
Build and analyze CLO cash-flow models (primarily Intex) to structure transactions and evaluate investor outcomes.
Engage with rating agencies and assist in negotiating structural and economic transaction terms.
Advise issuer clients on market conditions, pricing, and execution strategy.
Coordinate with sales and investors during live deals, including book-building, allocations, and post-pricing execution.
Support deal syndication, trade booking, and settlement processes.
Develop working knowledge of CLO legal documentation and assist in documentation review and negotiations.
Skills:
Client Management
Critical Thinking
Financial Analysis
Attention to Detail
Strong interest in structured credit and CLO products.
Quantitative and analytical skills; Intex experience preferred.
Strong communication skills and comfort interacting with clients, sales, and investors.
Prior exposure to trading, sales, structuring, risk, or capital markets roles is a plus.
Highly motivated, detail-oriented, and team-focused.
?
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
View your
"Know your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf) "
poster.
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
New York, New York
To proceed with your application, you must be at least 18 years of age.
Acknowledge (https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/New-York/Associate--Global-Credit-and-Special-Situations-Structured-Products_26013722-1)
Bank of America employees are required to meet all
posting eligibility requirements
prior to applying for any new position.
Acknowledge (https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/New-York/Associate--Global-Credit-and-Special-Situations-Structured-Products_26013722-1)
Refer a friend
To proceed with your application, you must be at least 18 years of age.
Acknowledge (https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/New-York/Associate--Global-Credit-and-Special-Situations-Structured-Products_26013722-1)
Bank of America employees are required to meet all
posting eligibility requirements
prior to applying for any new position.
Acknowledge (https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/New-York/Associate--Global-Credit-and-Special-Situations-Structured-Products_26013722-1)
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 an 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.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for performing financial and statistical analyses, conducting research, and participating in specific client and deal teams. Key responsibilities include developing client presentations and structuring and execution activities. Job expectations may include rotating through any of the multiple client management, credit management, and capital raising product areas across Global Corporate and Investment Banking in a sales function.
The CLO Primary business within Global Credit & Special Situations - Structured Products is responsible for the origination, structuring, execution, and syndication of CLO/CDO transactions. The team works with leading asset managers, insurance companies, hedge funds, and private equity firms, and partners closely with the firm's CLO trading, financing, leveraged finance, and high yield franchises.
Responsibilities:
Conducts financial analyses and prepares support documentation for client presentations
Researches products and services in the market to gain insight into marketing and sales trends
Supports the trading strategy to build effective client relationships and provide customized products and services to clients
Participates in due diligence sessions, while communicating and interacting with deal team members
Assists with sales, trading, and hedging activities and documents key findings for the team
Support and lead execution of new-issue CLO transactions for bank-affiliated and third-party issuer clients.
Build and analyze CLO cash-flow models (primarily Intex) to structure transactions and evaluate investor outcomes.
Engage with rating agencies and assist in negotiating structural and economic transaction terms.
Advise issuer clients on market conditions, pricing, and execution strategy.
Coordinate with sales and investors during live deals, including book-building, allocations, and post-pricing execution.
Support deal syndication, trade booking, and settlement processes.
Develop working knowledge of CLO legal documentation and assist in documentation review and negotiations.
Skills:
Client Management
Critical Thinking
Financial Analysis
Attention to Detail
Strong interest in structured credit and CLO products.
Quantitative and analytical skills; Intex experience preferred.
Strong communication skills and comfort interacting with clients, sales, and investors.
Prior exposure to trading, sales, structuring, risk, or capital markets roles is a plus.
Highly motivated, detail-oriented, and team-focused.
?
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
View your
"Know your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf) "
poster.
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.