investment banking Investment banking is an advisory-based financial service for institutional investors, corporations, governments, and similar clients. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by und ...

, a structurer Joris Luyendijk (2012)
Interview: Head of Structuring equity-derivatives
''theguardian.com'' is the finance professional responsible for designing structured products. Their solution will typically deliver a bespoke hedge, "yield enhancement", or other feature, as appropriate to the client's needs, and must inhere relevant regulatory and accounting considerations; see . The role is usually quantitative, straddling that of sales and trading and front-office quantitative analyst. The structurer's main analytic task is to determine how the pay rules in question will distribute

cash flow Cash flow, in general, refers to payments made into or out of a business, project, or financial product. It can also refer more specifically to a real or virtual movement of money. *Cash flow, in its narrow sense, is a payment (in a currency), es ...

s for a deal; to do so, they will typically build computer models to simulate these subsequent payments, thereby also estimating how collateral payments affect the cash flows. The above is preliminary to deal settlement; thereafter it will be in the hands of the Bond administration to apply the rules as described in the deal

legal document Legal instrument is a legal term of art that is used for any formally executed written document that can be formally attributed to its author, records and formally expresses a legally enforceable act, process, or contractual duty, obligation, o ...

References

Finance occupations Financial analysts Investment banking Structured finance {{Econ-stub