Analyst/ Associate: Equity Research, North American Banks Job at Bank of America

Overview

Analyst / Associate: Equity Research, North American Banks. This role analyzes financial services companies with a global footprint and supports making stock recommendations to generate alpha. Key responsibilities include performing financial and statistical analyses, conducting research, preparing reports, assisting with structuring and modeling transactions, and assessing market trends.

The North American Banks Research team covers 40+ stocks across the US and Canada with over $2 trillion in market capitalization. The team seeks someone with the intellectual curiosity and aptitude to ramp up in a fast-evolving banking sector, which is undergoing secular shifts tied to digital assets, AI, and a shifting regulatory backdrop. The ideal candidate will have 1–4 years of experience in markets or experience focusing on the banking (or financial services) sector. This person will work with Senior Analysts and team members in all aspects from idea generation to company meetings, and will play a critical part in providing financial modeling and qualitative analysis to formulate investment opinions.

Responsibilities

• Assists in structuring, pricing, and executing transactions to help develop financing solutions for existing and emerging companies
• Conducts analysis of company financial data, news, and other information to identify opportunities and risks related to companies, industries, or financial instruments
• Addresses day-to-day sales, trading, and hedging transaction needs, responds to client inquiries, logs, and records data
• Assists with the preparation of associated financial models and written reports
• Performs complex financial modeling and valuation work
• Writes regular industry and company reports and company launch initiations from scratch
• Develops databases integral to our research product
• Demonstrates strong industry knowledge and business judgment
• Works with Senior Analysts to develop key industry themes
• Builds relationships and facilitates information flow with contacts at covered companies
• Participates in client meetings and events
• Attends meetings and interacts with key opinion leaders
• Closely follows and understands market, industry, and company-specific activity
• Seeks out new, unusual sources of information
• Interacts regularly with clients

Qualifications

• Bachelor’s Degree or equivalent years of experience
• 1–4 years of experience focusing in equity research, wholesale credit, buy-side experience, or investment banking
• Strong writing and modeling skills; proficient in MS Word and MS Excel
• Ability to thrive in a fast-paced and intense environment
• Excellent communications skills, written and verbal
• Enjoy following the stock market and conducting desktop and field research
• Basic understanding of economics, macroeconomic factors, international affairs, and policy/politics
• Strong attention to detail and ability to multi-task
• Works well in a collaborative team environment

Age requirement: Must be at least 18 years of age.

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