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Bank of America
New York, New York, United States
(on-site)
Posted
19 hours ago
Bank of America
New York, New York, United States
(on-site)
Job Function
Financial Services
Associate, Global Credit and Special Situations-Structured Products
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Associate, Global Credit and Special Situations-Structured Products
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
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
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$175,000.00 - $175,000.00 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.
Job ID: 83276052
Investing in our teammates’ wellness and long-term career growth.
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