Bank of America Corporation

Analyst/ Associate - Equity Research, Business & Information Services

Bank of America Corporation$110K — $175K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience; CFA certification is a plus
  • Minimum 3 years experience in sell-side or buy-side research or investment banking
  • Experience with business and information services or related sectors preferred
  • Strong skills in writing, financial modeling, and analysis of financial statements
  • Basic understanding of economics, macroeconomic factors, and policy issues
  • Credit analysis skills are beneficial
  • Exceptional verbal communication skills for articulating investment insights
  • Self-motivated and intellectually curious with a strong work ethic
  • Ability to work effectively in a collaborative team environment

Responsibilities

  • Collaborate with Senior Analyst to generate unique investment ideas and actionable research
  • Compose detailed industry reports and initiate company reports from scratch
  • Participate in the evaluation of IPOs and analyst meetings
  • Execute complex financial modeling and valuations
  • Build and maintain databases critical for research
  • Show strong industry knowledge and make sound business judgments
  • Proactively seek new information sources to enrich research
  • Monitor and analyze market and company activities, relaying insights to the analyst
  • Cultivate relationships with industry contacts and interview experts
  • Engage with sales, trading, and external clients regularly
  • Address research queries from institutional clients during market hours
  • Possibility to take on individual stock coverage based on performance

Benefits

  • Industry-leading benefits package
  • Access to paid time off
  • Resources and support for employee development
  • Opportunities to make a genuine impact
  • Contributions to sustainable business growth and community initiatives
Full Job Description
Job Description:

The Business & Information Services team covers 19 stocks across the data & information and core business services spaces. The diversity of coverage provides significant learning opportunities (different business models, end-markets) in a sector with strong investor interest. The ideal candidate will have a minimum of 3 years of sell-side or buy-side experience covering the sector or related industries including financial services or software. This candidate will work with both the Senior Analyst and team members in all aspects of the job, including idea generation, contribution to investment recommendations, industry research, modeling, writing, valuation analysis, client interaction, attending company meetings and industry conferences and much more.

Responsibilities
  • Work with Senior Analyst to develop differentiated investment ideas and actionable research for institutional investor clients
  • Write regular industry and company reports and company launch initiations from scratch
  • Participate in IPO-related vettings and analyst days
  • Perform complex financial modeling & valuation work
  • Develop databases integral to our research product
  • Demonstrate strong industry knowledge and business judgment
  • Seek out new, unusual sources of information to augment our research capabilities
  • Closely follow and understand market, industry and company specific activity, and relay to analyst when traveling
  • Build relationships and facilitate information flow with contacts at covered companies
  • Interview industry experts regarding our covered companies and industries
  • Interact regularly with sales, trading and external clients
  • Respond to research inquiries from our institutional investor clients during market hours
  • If performance on team is strong enough, take on coverage of individual stocks over time


Qualifications
  • Bachelor's degree or equivalent years of experience; CFA or other relevant professional certifications is a plus
  • Minimum 3 years experience - sell-side or buy-side (research, investment banking) preferred
  • Experience covering business and information services, financials or software preferred but not required
  • Strong writing, modeling and financial analysis skills (income statement, balance sheet, and cash flow statement in Excel)
  • Along with Finance and Accounting, should have basic understanding of economics, macroeconomic factors, international affairs, and policy/politics
  • Credit skills are a plus
  • Strong verbal communication skills with a demonstrated ability to generate differentiated investment insights and communicate complex ideas clearly
  • Self-motivated, intellectually curious, and passionate about financial markets
  • Must have strong attention to detail, ability to multi-task, and a strong work ethic
  • Must work well in a collaborative team environment


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 information

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.

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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