Equity Research Analyst/Associate - Consumer Finance

Bank of America; New York (NY); Sur place; USD 110 000 - 175 000; Plein temps

Résumé du poste

Bank of America is seeking an analyst for its Consumer Finance research team in New York. You will work closely with the Senior Analyst to develop investment ideas, conduct industry and company research, build and maintain financial models, and author research reports for investors and management teams.

Ideal candidates have 1–2 years of equity research experience, strong modeling skills, and excellent communication.

Qualifications

• Bachelor’s degree or equivalent years of experience.
• 1–2 years of sell-side or buy-side research experience preferred.
• Credit knowledge is a plus.
• Strong MS Word and MS Excel with solid modeling skills.
• Excellent written and verbal communication.
• Ability to multi-task in a fast-paced environment.
• Understanding of economics, macroeconomic factors, international affairs, and policy/politics.

Responsabilités

• Perform complex financial modeling and valuation work.
• Write industry and company reports and launch initiations from scratch.
• Participate in IPO-related vetting and analyst days.
• 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 with contacts at covered companies.
• Participate in client meetings and events.
• Attend meetings and interact with key opinion leaders.
• Follow market and company activity and relay to analysts.

Connaissances

MS Word

Excel modeling

Communication

Attention to detail

Formation

Bachelor’s degree or equivalent

Outils

MS Word

MS Excel

Description du poste

Job Description:

The Consumer Finance research team covers approximately 16 companies spanning credit cards (American Express, Capital One, Synchrony), fintech and personal lending (SoFi, OneMain), and mortgages (Rocket). In partnership with the Payments research team, the group provides broad sector exposure, significant learning opportunities, and direct engagement with topics of high investor interest.

The candidate should have a strong desire to learn and be intellectually curious. Strong verbal and written communication skills are essential. The candidate will work closely with the Senior Analyst and broader team to develop investment ideas, conduct industry and company research, build and maintain financial models, author research reports, and engage with investors and management teams. Relevant experience in equity research is preferred.

Responsibilities

• Perform complex financial modeling & valuation work
• Write regular industry and company reports and company launch initiations from scratch
• Participate in IPO-related vetting's and analyst days
• 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
• Participate and contribute to client meetings and events
• 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, unusual sources of information
• Leverage our robust network of industry contacts
• Interact regularly with clients

Qualifications

• Bachelor’s Degree or equivalent years of experience
• A minimum of 1-2 years of experience – sell-side or buy-side (research, investment banking) experience preferred but not required
• Credit skills is a plus
• Must be an expert at MS Word and MS Excel/strong modeling skills
• Must be able to thrive in a fast-paced and intense environment.
• Along with Finance and Accounting, should have basic understanding of economics, macroeconomic factors, international affairs, and policy/politics
• Must have excellent communication skills, written andverbal
• Must have strong attention to detail, ability to multi-task
• Must work well in a collaborative team environment
• Must have strong intellectual curiosity

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.