Vice President; Structurer - BofA Securities, Inc.

Drive the research, development, and implementation of strategies offered by the bank under the Investible Indices Equity Mandate. Perform advanced analysis, design, and scoring of Hedging strategies and systematic Hedge Portfolios to deliver targeted protection given expected market downturn scenarios while optimizing for costs. Market systematic strategies to Pension Funds, Asset Managers, Family Offices, and Insurance Carriers across regions. Develop and maintain coding tools and models for backtesting, economics/market risk analysis, and process automation. Educate sales and clients on the existing offering and new strategies. Research, design, and implement Equity Volatility Alpha (including yield generation strategies), relative value, and Hedging Strategies (including systematic downside protection) using index options, single stock options, VIX options, and futures and parameterization/fitting techniques including Volatility surface calibration using internal marks. Research, design, and implement systematic strategies for use in FIA and RILA products. Design Quantitative Asset Allocation strategies including Equal Risk Contribution, Black Litterman, Hierarchical Clustering, and Rearrangement Algorithm within both the multi-asset and single-stock space. Explore and incorporate Machine Learning and Artificial Intelligence algorithms including Discriminant Analysis, Agglomerative and Hierarchical Clustering, Natural Language Processing, and Deep Learning Networks into the Investible Indices quantitative strategies suite targeting more efficient stock selection, regime changes identification, and enhanced asset allocation. Perform Risk, Liquidity, regulatory, and compliance analysis for new investable indices including Value-At-Risk, Option Greeks, portfolio stress-tests, percentage traded volume, expected marketimpact, and Comprehensive Capital Analysis and Review (CCAR). Remote work may be permitted within a commutable distance from the worksite.Master's degree or equivalent in Finance, Statistics, Mathematics, Engineering (any) or related; and 3 years of experience in the job offered or a related quantitative occupation. Must include 3 years of experience in each of the following: Researching, designing and implementing of Equity Volatility Alpha (including yield generation strategies), relative value, and Hedging Strategies (including systematic downside protection) using index options, single stock options, VIX options and futures and parameterization /fitting techniques including Volatility surface calibration using internal marks; Researching, designing and implementing systematic strategies for use in FIA and RILA products; Designing Quantitative Asset Allocation strategies including Equal Risk Contribution, Black Litterman, Hierarchical Clustering, and Rearrangement Algorithm within both the multi-asset and single-stock space; Exploring and incorporating Machine Learning and Artificial Intelligence algorithms including Discriminant Analysis, Agglomerative and Hierarchical Clustering, Natural Language Processing, and Deep Learning Networks into the Investible Indices quantitative strategies suite targeting more efficient stock selection, regime changes identification, and enhanced asset allocation; and, Performing Risk, Liquidity, regulatory, and compliance analysis for new investable indices including Value-At-Risk, Option Greeks, portfolio stress-tests, percentage traded volume, expected market-impact, and Comprehensive Capital Analysis and Review (CCAR).Req# 24043518. If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com & reference the job title of the role & requisition number. No phone calls. EOE.
Minimum Salary: 225000.00
Maximum Salary: 235000.00
Salary Unit: Yearly