Bank of America is looking to help investors make informed investment decisions by providing them with detailed comparative analysis and structured, rated, and priced securities. The role involves explaining modeling assumptions and results to clients, reviewing modeling assumptions in offering documents, and implementing rating agency methodology guidelines.
Requirements
- Interpreting and analyzing legal documents on complex financial structures for cashflow modeling purposes;
- Implementing rating agency methodology guidelines for securities issued from new and existing securitization platforms;
- Utilizing SQL Server to write SQL queries to stratify data and effectively convey changes in asset characteristics and loan level data;
- Utilizing cashflow modeling tools and VBA to design and integrate new features and analytics for financial products to meet financial modeling requirements;
- Building financial models to perform indepth analysis of underlying assets, liability structure and assess the impact on ratings of various securities under various stress scenarios (prepayments, defaults, loss timing assumptions).
Responsibilities
- Use Intex DealMaker, creating a model that will be distributed to Investors to assist them with their investment decisions.
- Perform Structure, rating, and pricing securities for issuer clients.
- Review modeling assumptions in offering documents and tie‐out with accountants.
- Interpret and analyze legal documents on complex financial structures for cashflow modeling purposes.
- Implement rating agency methodology guidelines for securities issued from new and existing securitization platforms.
- Utilize SQL Server to write SQL queries to stratify data and effectively convey changes in asset characteristics and loan level data.
- Utilize cashflow modeling tools and VBA to design and integrate new features and analytics for financial products to meet financial modeling requirements.
Other
- Bachelor's degree or equivalent in Information Technology, Engineering (any), Mathematics or related
- 5 years of progressively responsible experience in the job offered or a related Quantitative occupation.
- Must have 5 years of progressively responsible experience in the job offered or a related quantitative occupation.
- Interact with both issuer and investor clients to explain modeling assumptions and results.
- Remote work may be permitted within a commutable distance from the worksite.
