Bank of America Corporation

Associate, Corporate Banking - Subsidiaries (Korean fluency)

Bank of America Corporation • $175K — $225K *
New York, NY 10025In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Fluency in Korean for effective communication with clients and teams.
  • Several years of experience in financial services or related fields.
  • Bachelor’s degree with strong academic performance; MBA preferred.
  • Exceptional quantitative and analytical skills, with a focus on detail and client relations.
  • Strong written and verbal communication skills, with strategic and creative thinking abilities.
  • Expertise in building complex Excel financial models, particularly for capital structures.
  • Solid understanding of accounting principles and their integration into financial modeling.

Responsibilities

  • Conduct financial analyses such as mergers and acquisitions assessments and credit quality evaluations.
  • Develop and maintain sophisticated financial models for client presentations and internal memos.
  • Review and analyze credit agreements to assess compliance with covenants and restrictions.
  • Gain expertise in covered industries and perform comprehensive company research.
  • Lead internal processes and coordinate with team members across various product groups.
  • Assist in executing financial transactions, including capital markets and credit facilities.
  • Participate in client meetings and identify opportunities for cross-selling services.

Benefits

  • Industry-leading benefits package.
  • Access to paid time off for work-life balance.
  • Support resources available to employees for impactful contributions.
  • Opportunity to participate in an annual discretionary incentive program.
Full Job Description
Job Description:

We are looking for an experienced Corporate Banking Associate. 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. This includes a very robust understanding of integrated M&A and cash flow financing Excel modelling.
  • Review credit agreements and indentures to analyze covenants, baskets and other relevant restrictions.
  • Expected to develop 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.


Required Skills & Qualifications
  • Cultural & Linguistic Fluency: Native or professional proficiency in Korean language is required to facilitate seamless communication with parent-company headquarters and U.S. subsidiary leadership.
  • Must have several years of relevant work experience in financial services (i.e. banking, capital markets, enterprise credit, commercial banking, etc.)
  • Bachelor's degree with outstanding academic qualifications, MBA preferred.
  • 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.
  • Must be able to build and modulate integrated/dynamic Excel financial models as well as modelling of complex capital structures. This is a critical skill of the Associate role.
  • Strong understanding of accounting fundamentals and how they are applied in the context of Excel modelling.
  • 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.


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

$175,000.00 - $225,000.00 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
Finance & Insurance
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ
BAC
* Ladders Estimates

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