Vice President; Rates & Currencies Solutions
Bank of America N.A. - New York City, NY
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DUTIES: Provide interest rate and currency risk management advice to large cap clients in the Industrials sector, including considerations for derivative hedge accounting treatment. Perform comprehensive in-depth financial research on companies, sectors, new issue market, general market conditions and trade ideas. Prepare client pitch materials, fixed / floating capital structure analysis, and value-at-risk analysis via various analytical methods, including Monte-Carlo Simulation. Enhance client relationships through in-person meetings, market updates, client events. Collaborate with teams across the entire Bank of America platform to enhance the overall client dialogue and partner on strategic opportunities around M&A, divestitures and financings. Perform comprehensive value-at-risk, efficient frontier, and Monte-Carlo simulation analysis, using implied volatility metrics for both interest rate and foreign exchange, in order to identify exposures and optimize capital structures through interest rate derivative solutions. Prepare recommendations on timing, size and structure of interest rate derivative transactions, and ensure compliance with the latest derivative hedge accounting guidelines, for US corporate clients in the Industrials sector. Create and present bespoke client materials, approval memos, and marketing documents, as well as help corporate clients prepare board presentations. Pitch and execute interest rate derivative transactions for large cap corporates, including products such as single-currency swaps, option and collar structures, cross-currency swaps, and other bespoke complex derivative trades. Develop and establish client relationships (mostly at Treasurer and CFO level) by originating new risk management solutions and advising on global market, economic data, and liquidity considerations.REQUIREMENTS: Bachelor's degree or equivalent in Business Administration, Finance, Economics or related. 5 years of progressively responsible experience in the job offered or a related finance occupation. Performing comprehensive value-at-risk, efficient frontier, and Monte-Carlo simulation analysis, using implied volatility metrics for both interest rate and foreign exchange, in order to identify exposures and optimize capital structures through interest rate derivative solutions; Preparing recommendations on timing, size and structure of interest rate derivative transactions, and ensuring compliance with the latest derivative hedge accounting guidelines, for US corporate clients in the Industrials sector. Creating and presenting bespoke client materials, approval memos, and marketing documents, as well as helping corporate clients prepare board presentations; Pitching and executing interest rate derivative transactions for large cap corporates, including products such as single-currency swaps, option and collar structures, cross-currency swaps, and other bespoke complex derivative trades. Developing and establishing client relationships (mostly at Treasurer and CFO level) by originating new risk management solutions and advising on global market, economic data, and liquidity considerations. Up to 25% domestic travel, as necessary. Minimum Salary: 275,000 Maximum Salary: 275,000 Salary Unit: Yearly
Created: 2024-11-02