Securitized Product Analyst

Bank of America

Bank of America

IT, Product
Boston, MA, USA · United States · Remote
Posted on Friday, July 5, 2024

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:
Responsible for contributing to the development of Economic and Investment outlook/advice and recommendations to investment professional, clients and prospects; asset class research (i.e. country, commodity, sector and industry research, impact of macro environment on asset classes, white papers); contribute to the development of Investment themes and content for strategic insight reports; research profit patterns and valuations across industries merging top-down and bottom-up approaches; data gathering/assist in performing valuation and other modeling and statistical analysis for various investment and wealth management applications.

Securitized Products Analyst

Role Responsibilities

  • Support the overall management and surveillance of the CIO Fixed Income Team’s structured product exposures across agency-MBS, ABS, and CMBS sectors.
  • Work with senior analysts and portfolio managers to implement a research-focused process to help drive team investment discussions on issue selection and sector positioning, incorporating key data and thorough relative value analysis across the securitized space.
  • Generate high-conviction investment recommendations and communicate ideas to investment teams via presentations and internal meetings on a regular basis – ensure that team’s top ideas are reflected in portfolio positioning to drive positive excess returns versus benchmarks.
  • Assist in the securitized trading process by identifying individual CUSIPs from broker inventories and coordinating with internal traders and external counterparties.
  • Monitor existing portfolio positions on a real-time basis, updating team on any significant change in investment viewpoints or market moves.
  • Perform in-depth research and analysis on the U.S. housing and securitized markets.
  • Provide input and help drive improvements and enhancements to the team’s data and reports for structured products.
  • Maintain key industry relationships and leverage stakeholders/partners both internally and externally (i.e., sell side analysts, rating agencies, etc.).
  • Attend industry conferences – report key findings back to investment team.
  • Collaborate with teams across the CIO and Investment Solutions Group (ISG) and regularly contribute to CIO team thought leadership content.

Required Qualifications

  • 3-5 years of relevant Fixed Income experience in structured products research/trading, preferably as a research associate or junior analyst working under a senior analyst.
  • Fundamental knowledge of the securitized space and an understanding of key trends, sector valuations, drivers, etc.
  • Bachelor’s degree required.
  • Analytical mindset and strong financial modeling skills – ability to quickly synthesize market data and provide thoughtful insights on complicated topics/trends.
  • Self-starter with an ability to manage time effectively and independently with a proactive approach to managing multiple workflows.
  • Team-oriented mindset, ready to contribute ideas to enhance the investment process.
  • Very strong written and verbal communications skills.

Desired Qualifications:

  • Progress towards CFA and/or CAIA is a plus.

Minimum Education Requirement: Bachelors degree required


1st shift (United States of America)

Hours Per Week: