Corporate Banking Analyst - Subsidiaries

Bank of America; New York (NY); On-site; USD 70,000 - 110,000; Full time

Job summary

A leading financial institution is seeking a Corporate Banking Analyst in New York. The successful candidate will support senior bankers, manage financial analyses, and conduct industry research for top-tier clients. This role offers an opportunity to build expertise while contributing to significant financial transactions in an inclusive workplace.

Benefits

Industry-leading benefits

Access to paid time off

Support for financial wellness

Incentive eligibility

Professional development opportunities

Qualifications

• At least one year of banking or credit underwriting experience.
• Strong quantitative, analytical, and client-focused skills.
• Bachelor’s degree with outstanding academic qualifications.

Responsibilities

• Perform financial analyses including merger and acquisition analysis.
• Develop and maintain complex financial models.
• Review credit agreements to analyze conditions.

Skills

Quantitative skills

Analytical skills

Client focus

Strategic thinking

Effective communication

Leadership

Initiative

Ability to learn quickly

Education

Bachelor’s degree

Job description

Corporate Banking Analyst - Subsidiaries page is loaded

Corporate Banking Analyst - Subsidiaries

Apply locations New York time type Full time posted on Posted 10 Days Ago job requisition id 25024722

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Business Overview

Bank of America is a global leader in wealth management, corporate and investment banking, and trading across a broad range of asset classes, serving corporations, governments, institutions, and individuals around the world. Global Corporate & Investment Banking focuses on building long-term relationships with more than 5,000 large U.S. and multinational corporations, financial institutions, and financial sponsors. We provide strong support to our global client base with advisory expertise, capitalizing on powerful corporate & investment banking, M&A, payment solutions, risk management and capital markets to deliver integrated financial solutions.

The Global Corporate Banking Subsidiaries team (CBKS), as part of Corporate Banking, brings together corporate bankers globally to fully integrate our Corporate Banking product capabilities with our global clients. CBKS focuses on building long-term relationships and maximizing growth potential with our largest corporate clients outside of their home markets. Our team is dedicated to understanding the unique competitive and operating environments of our clients internationally, and to building strong and enduring client relationships. This growing business is organized based on both industry as well as the domicile of our clients.

Job Description

We are looking for an experienced Banking Analyst. As an active team member, this individual would assist coverage bankers in the delivery of the full breadth of products and services to clients and prospects. This role will provide the successful candidate with the opportunity for exposure to some of the largest and most advanced global companies. This role encompasses the following responsibilities:

• Perform various financial analyses, including merger/acquisition analysis, capital structure analysis and assessment of credit quality.
• Develop and maintain complex financial models that are used in the preparation of client materials and internal approval memos.
• Review credit agreements and indentures to analyze covenants, baskets and other relevant restrictions.
• Expected to develop an expertise in the industries that he/she covers and conduct in depth company research.
• Be able to navigate and lead internal processes.
• Assist with the execution of various financial transactions, whether capital markets, credit facilities or transactional services.
• Communicate and interact with both core and extended client team members from various product groups to build comprehensive client presentations and ensure seamless client delivery.
• Participate in client meetings, portfolio planning sessions and product partner meetings and be able to identify cross-sell opportunities.

Qualifications

• At least one year of credit underwriting or banking experience and/or at least one year of work experience at Bank of America/Merrill Lynch.
• Must have a combination of strong quantitative/analytical skills, attention to detail and client focus.
• Strategic and creative thinking; distinguished written and verbal communications skills
• Assertiveness, initiative, leadership, strong work ethic
• Required to manage multiple projects at the same time and work effectively both individually and as part of a team.
• Ability to learn quickly and take on new responsibilities.
• Dedication to building a career in corporate banking.
• Bachelor’s degree with outstanding academic qualifications.

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 and benefits informationPay range$70,000.00 - $110,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.

About Us

Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity.

Regardless of the position you are interested in, the starting points to building your resume are the same:
1.Determine the job or types of jobs you want to do and research their responsibilities and qualifications.
2.Think about why you can do the job and make a list of your skills that are relative to the job.
3.Identify experiences or accomplishments that show your proficiency in the skills required for the job.
4.Summarize your abilities, accomplishments and skills into a brief, concise document.

Considerations when writing a resume
•Do be brief. Resumes should be 1-2 pages in length.
•Do be upbeat and active in your wording.
•Do emphasize what you have done clearly and concretely.
•Do be neat and well organized.
•Do have others proofread and critique your resume. Spell check. Make it error free.
•Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible.
•Don't be dishonest, always tell the truth about yourself in the most flattering light.
•Don't include salary history or requirements.
•Don't include references.
•Don't include accomplishments that do not support your professional goals.
• Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.)
•Don't use italics, underlining, shadows or other fancy treatments.

Seven steps to a successful interview
1.Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview?
2.Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available?
3.Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight.
4.Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down.
5.Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks.
6.Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease.
7.Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage.