Analyst/Associate, Structured Product Valuation New York, New York **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. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! _P_ _riceServe – Fixed Income Securities Pricing_ . PriceServe is a fast growing business at Merrill that helps to value clients’ portfolios. Customers (including hedge funds, money managers, mutual funds, banks and insurance companies) pay PriceServe to provide high-quality, informed valuations for securities and loans in their portfolio. The need for transparency and disclosure has become increasingly important to institutional investors. PriceServe uses fundamental analysis and in-depth understanding of deal structure on ABS/RMBS/CLOs along with market color in its valuations. Evaluators work closely with Trading and Research to provide customized solutions to our clients. **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. **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 + Evaluate valuations for Mortgage-backed securities, Asset-backed securities, Structured Products, CLOs, and Corporate credit, with an emphasis on harder-to-value securities + Work with the structured product trading desks to gather trading prices, spreads, and other pricing data + Develop understanding of deal and waterfall structure and collateral risks and attributes + Select appropriate prepayment and default scenarios to correctly value securities and run cash flows on securities + Discuss assumptions and cash flows with clients and respond to client pricing disagreements + Gather and organize market data to be used in bond valuation work + Utilize research and research models to analyze loss and prepayment assumptions + Develop procedures to meet deadlines and to facilitate client delivery and quality control + Pursue missing or incomplete data from research and trading desks **Skills:** + Strong analytical experience + Interest in Fixed Income securities + Some experience with Bloomberg + Highly proficient in using Microsoft Excel, strong preference for VBA and other automation skills + Ability to work under a time pressure and to meet stringent deadlines + Ability to understand a financial offering circular and trustee report + Causation Analysis + Client Management + Critical Thinking + Research Analysis + Risk Analytics + Financial Forecasting and Modeling + Presentation Skills + Research **Minimum Education Requirement:** Bachelor’s degree in related field or equivalent work experience **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. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . 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. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . 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.