What are the responsibilities and job description for the Securitization Analyst position at Bank of America?
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 a diverse and 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 preparing support documentation and client presentation materials. Key responsibilities include supporting with the development of 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.
Responsibilities:
- Supporting RESF associates in all aspects of deal execution / securitization including creating and managing asset level collateral data, loan cash flows, loan descriptions, document disclosures
- Working with RESF’s underwriting, origination and closing teams, coordinating with sales and trading, legal, rating agencies, servicers, service providers, deal partners and investors throughout the deal preparation, marketing and closing process. Preparing internal credit and risk memos and marketing materials
- Monitoring existing loan exposure, loan pipeline and completing weekly and monthly management reports
- 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
Additional responsibilities include:
- Assist in the warehousing of loans through coordinating all due diligence materials including operating statements and third party reports
- Model real estate cash flow projections, valuation and re-underwriting loans for warehouse lines
Skills:
- Direct securitization or other similar capital markets experience is required
- Financial Analysis
- Regulatory Compliance
- Attention to Detail
- Causation Analysis
- Customer and Client Focus
- Interpret Relevant Laws, Rules, and Regulations
- Research Analysis
- Financial Forecasting and Modeling
- Presentation Skills
- Research
- Risk Analytics
Shift:
1st shift (United States of America)Hours Per Week:
40
