Associate/Vice President – Equity Capital Markets – Strategic Equity Solutions

Job Description

BofA Securities Inc. is an industry leader in Equity Capital Markets (“ECM”). Associate or VP in ECM will partner with Strategic Equity Solutions Group, Syndicate, and Origination team members as well as Investment Banking, Equity Trading, Legal (both internal & external), Compliance, Technology, FINRA (and other regulatory agencies), Client Services, Settlement Operations, Risk, DTCC, and Transfer Agents to coordinate the issuance of equity and convertible securities (Initial Public Offerings, Convertible Securities, At-The-Market (“ATM”) sales, Buybacks, Derivatives and Secondary Issuances).

Position will be based in New York, NY.

Responsibilities

• Create and maintain critical deal information in our bookbuilding system for communication and distribution to other broker dealers and regulatory agencies.
• Front office contact with clients on all transactions. Reporting, booking and settlements.
• Overseeing all aspects of Client to Operations functions. From account opening to trading and settlements.
• The Associate will coordinate directly with Corporate clients to advise on and determine settlement and reporting preferences and requirements.
• Create manual confirmations specific to client’s requirements and release these to clients daily.
• Collaborate with outside counsel and Corporate clients on SEC Filings and cleanup of shares for Restricted Stock Sales.
• Maintain and distribute electronic prospectuses, ECC Memos and other pertinent deal documents.
• Responsible for FINRA and/or SEC regulatory communications.
• Responsible for insuring all regulatory requirements (eg. 5131, QIB, 159) are being met on each marketed transaction.
• The Associate will be responsible for partnering with banking and/or ECM origination to assist with client and account onboarding for all new clients. This includes collecting relevant paperwork, completing all KYC checks, and opening and maintaining client accounts.

Qualifications

• 2-3 years of relevant ECM Syndicate Operations experience preferred.
• Working knowledge of equity securities, share/cash settlement, and product knowledge of equities, convertibles and derivatives.
• Familiarity with relevant compliance rules – i.e. QIB certification; 144A/Reg S; Reg M, Rule 5131, and Rule 2111 (Suitability); - and Prospectus Delivery requirements are also preferred.
• Knowledge of various financial products.
• Knowledge of DTC, Middle & Back Office Background.
• Advanced Excel proficiency required, PowerPoint / Word proficiency preferred.
• Applicant should demonstrate assertiveness, initiative, and strong work ethic within a team framework.
• Self-motivated and possesses the ability to learn quickly and take on new responsibilities.
• Team-building capabilities both internally and externally, in the US and globally.

Skills

• Series 7, 63 Registrations Preferred.