Analyst-Leveraged Acquisition Finance

Bank of America; New York (NY); On-site; USD 110,000 - 125,000; Full time

Benefits offered by this job

Discretionary incentive eligibility

Benefits eligible

Job summary

Bank of America, a leading financial services firm, seeks an Analyst for the Leveraged Acquisition Finance team to underwrite and model complex transactions, assessing risk and profitability. You will collaborate with risk, ratings, investment banking, and capital markets to execute live deals.

The role emphasizes multi‑deal management, financial analysis, and due diligence with sponsors and corporate clients, within a supportive, inclusive in‑office culture in New York.

Qualifications

• Experience in financial analysis and financial modeling within leveraged finance, capital markets, investment banking, private credit, private equity, or similar analytical environments.
• Hands-on experience building financial models and explaining key assumptions and outputs to leadership.
• Experience quantifying downside risk on a pro forma basis using financial statements and due diligence findings.
• Exposure to leveraged finance and private credit concepts including cash flow analysis and debt structures.
• Working knowledge of LBO modeling and bottoms-up model building.

Responsibilities

• Underwrite, analyze, negotiate, approve and close new transactions while adhering to policies.
• Analyze client financial performance against history, projections, and industry standards.
• Evaluate risk-adjusted profitability to guide capital allocation decisions.
• Build granular multi-scenario LBO and DCF models from historical data and due diligence findings.
• Conduct due diligence with Sponsor and Corporate clients.
• Create ad-hoc PowerPoint analyses to support live deals and investments.

Skills

Analytical Thinking

Financial Analysis

Financial Forecasting and Modeling

Profitability Analysis

Research Analysis

Attention to Detail

Business Acumen

Credit and Risk Assessment

Underwriting

Written Communications

Collaboration

Critical Thinking

Prioritization

Education

Bachelor’s degree in finance, accounting, economics, or related field

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.

Job Description: Analyst role for the Leveraged Acquisition Finance team, which advises, underwrites, and executes both broadly syndicated event-driven leveraged finance transactions and investments for Bank of America’s $25 billion private credit investment strategy. The Leveraged Acquisition Finance team is an integral part of the firm’s leveraged finance practice, partnering with leveraged finance origination and syndicate desks to structure and decision financings for corporate M&A and LBOs. Key responsibilities include financial modeling, fundamental credit analysis, deep due diligence, writing investment committee approval memos, and collaborating with key internal stakeholders such as risk, ratings, investment banking, and capital markets teams to successfully execute live deals.

Responsibilities:

• Responsibility for the underwriting, risk / reward analysis, negotiation, approval and closing of new transactions, while adhering to all relevant policies and procedures
• Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
• Builds granular multi-scenario LBO and DCF projection models based on historical performance, industry forecasts, and other due diligence findings
• Conducts due diligence with Sponsor and Corporate clients
• Creation of ad-hoc PowerPoint-based analyses in support of live deals and investments

Required Qualifications:

• Experience in financial analysis and financial modeling within leveraged finance, capital markets, investment banking, private credit, private equity, or similar analytical environments
• Hands‑on experience building financial models, with the ability to explain key assumptions, outputs, and downside considerations to executive level leadership
• Experience quantifying downside risk on a pro forma basis using financial statements, consulting reports, client projections, and transaction‑level due diligence
• Exposure to leveraged finance and private credit investing concepts, including cash flow analysis, leverage, and varied debt structures
• Working knowledge of LBO modeling, including ability to do a bottoms‑up build of a model, familiarity with structure, key drivers, and sensitivities
• Able to efficiently work on multiple live deals simultaneously with minimal oversight

Desired Qualifications:

• Bachelor’s degree in finance, accounting, economics, or a related field
• Prior experience with leveraged loan, acquisition financing, or private credit transactions
• Experience working on live deals in investment banking, private credit, or capital markets
• Experience conducting complex investment return analyses
• Ability to independently navigate credit agreements and other relevant debt documents
• Proficiency in explaining complex deal and debt‑related concepts clearly and concisely to stakeholders, and clients as necessary

Skills:

• Analytical Thinking
• Financial Analysis
• Financial Forecasting and Modeling
• Profitability Analysis
• Research Analysis
• Attention to Detail
• Business Acumen
• Credit and Risk Assessment
• Underwriting
• Written Communications
• Collaboration
• Critical Thinking
• Prioritization

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 - $125,000.00 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‑faced 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.

Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve.

Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates.

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.

Our Values Learn about our four values that represent what we believe.

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