Analyst/ Associate – Equity Research , REITs

Bank of America; New York (NY); On-site; USD 110,000 - 175,000; Full time

Job summary

Bank of America is seeking an Equity Research Analyst/Associate focused on REITs to work with the US REIT team in New York. You will gain deep understanding of property sectors, perform valuations, and prepare industry and company reports.

The role requires 0–3 years of experience, a finance/economics background, and strong writing and Excel skills. Collaboration with senior analysts and interaction with clients are core parts of the job.

Qualifications

• Bachelor’s Degree or equivalent years of experience.
• 0-3 years working experience.
• Interest in US commercial real estate.
• Basic understanding of economics, macroeconomic factors and policy/politics.
• Solid writing and spreadsheet skills.
• Excellent communication skills, written and verbal.
• Ability to thrive in a fast-paced and intense environment while maintaining a positive attitude.
• Must work well in a collaborative team environment.
• Major(s), Minor(s) in Accounting, Economics and/or Finance preferred but not required.
• Must have strong attention to detail and organizational skills.

Responsibilities

• Gain deep understanding of property sectors and REITs under coverage.
• Perform financial modeling & valuation work.
• Write regular industry and company reports including initiations.
• Develop databases integral to our research product.
• Demonstrate strong industry knowledge and business judgment.
• Interact regularly with clients, institutional salesforces and REIT traders.

Skills

Financial modeling

Industry analysis

Written communication

Team collaboration

Stock research

REIT knowledge

Education

Bachelor’s degree or equivalent

Tools

Industry databases

Web research

Financial databases

Job description

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role‑specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact.

Equity Research - Analyst/ Associate – REITs Analyst/ Associate spot on top-ranked Bank of America equity research US REIT team. Initial focus on office and net lease REITs. The candidate will work alongside the Senior Analyst and other Junior Analysts on the team.

Key aspects of role include, but are not limited to:

• Gain deep understanding of property sectors and REITs under coverage
• Perform financial modeling & valuation work
• Write regular industry and company reports including initiations
• Demonstrate strong critical thinking skills and an interest in the market and stock picking
• Develop databases integral to our research product
• Demonstrate strong industry knowledge and business judgment
• Work with Senior Analysts to develop key industry themes
• Build relationships and facilitate information flow with contacts at covered companies and industry contacts
• Participate and contribute to client meetings and events including property tours with investors, companies and industry contacts
• Attend meetings and interact with key opinion leaders
• Closely follow and understand market, industry and company specific activity, and relay to analyst when traveling
• Seek out new, value-added, and/or unusual sources of information
• Leverage our robust network of industry contacts
• Interact regularly with clients, institutional salesforce and REIT traders

Qualifications:

• Bachelor’s Degree or equivalent years of experience
• 0-3 years working experience
• Interest in US commercial real estate
• Along with Finance and Accounting (Modeling skills), should have basic understanding of economics, macroeconomic factors and policy/politics
• Ability to thrive in a fast-paced and intense environment while maintaining a positive attitude
• Must work well in a collaborative team environment
• Interest in researching and writing in-depth industry / company reports
• Major(s), Minor(s) and areas of academic excellence in Accounting, Economics and/or Finance (or a related major) preferred but not required
• Solid writing and spreadsheet skills
• Must enjoy working in industry databases and websites, and doing desktop and field research
• Must have excellent communication skills, written and verbal
• Must have strong attention to detail and organizational skills, and ability to multi-task

Shift: 1st shift (United States of America)

Hours Per Week: 40

Pay Transparency details US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay range $110,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference.

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Global Impact

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Opportunity and Inclusion

Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success.

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Pay Transparency

Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency