Paul Hansen has joined Bank of America Merrill Lynch Canada as head of the country’s structured solutions group, the bank said Tuesday.

Hansen has been brought on to oversee the array of retail structured products at BAML Canada.

“Paul is joining us at a time when market volatility is causing investors to reevaluate their risk tolerance,” says Lynn Patterson, president and country head of BAML Canada.

“He will be in charge of developing innovative tools to help Canadian clients achieve their investment goals.”‪

‪Hansen reports jointly to Patterson and Liam O’Neil, who heads the structured solutions group in the Americas out of New York.

Before joining BAML, Hansen was at CIBC from 2000 to 2009. During that time he held senior positions in structured products structuring and distribution.

‪Prior to that, Hanse earned his CA designation while at Arthur Andersen LLP, where he was a risk management consultant for derivatives groups at financial institutions.