I believe at Bank of America Structured Finance is situated under the Global Markets umbrella.
In terms of compensation, is it in line with the IB groups at BofA or is it lower (already at the junior level)?
Thank you
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Based on the most helpful WSO content, here is the relevant information regarding compensation at Bank of America:
While the specific compensation for Structured Finance under the Global Markets umbrella isn't detailed in the knowledge base, the provided figures give a comprehensive view of the compensation structure for various roles within the Investment Banking division at BofA. This can serve as a benchmark for understanding how competitive the compensation might be in related groups.
If you need more specific details about Structured Finance compensation, it might be beneficial to look at additional resources or threads on WSO.
Sources: BofA raises junior banker base salaries by at least 10%., Compensation Structure at the mid-management level in Corporate Development / Strategy / Finance, Best Debt, Equity, & Structured Finance Groups in NYC, Which Offer? IBD Originations: Structured Finance or Public Finance?, How are the TMT groups at “lesser” BBs?
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