Bank of America Corporation

Associate: Equity Research, Autos

Bank of America Corporation$130K — $175K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent experience; CFA progress is a plus
  • 1-3+ years' experience in accounting, corporate finance, research, banking or consulting
  • Strong modeling and financial analysis skills
  • Ability to comprehend and create charts and data visualizations
  • Strong attention to detail
  • Knowledge of statistics or data analytics is a plus
  • Interest in the stock market or financial markets
  • Excellent communication skills, both written and verbal

Responsibilities

  • Perform complex financial modeling and valuation work
  • Write industry and company reports and launch initiations from scratch
  • Analyze market research database data
  • Demonstrate strong industry knowledge and business judgment
  • Interview industry experts about covered companies and sectors
  • Collaborate with Senior Analysts to develop key industry themes
  • Build relationships and facilitate information flow with industry contacts
  • Contribute to client meetings and events
  • Engage with key opinion leaders at meetings
  • Monitor market and company activity during travel and relay insights to analysts
  • Explore new information sources to enhance research efforts
  • Respond to research inquiries from institutional investor clients

Benefits

  • Industry-leading benefits
  • Access to paid time off
  • Resources and support for employee growth
  • Contribution to sustainable business growth and community impact
Full Job Description
Job Description:

The candidate will work alongside senior employees covering the US Automotive value chain. Ultimately, they will be responsible for all aspects of the job, including idea generation, industry research, client interaction, database creation/management, modeling, writing, valuation analysis, marketing materials, client interaction, conferences, plant tours, field trips, and much more. Key elements of the role to begin will include database maintenance/creation, marketing materials updating, maintenance report writing (weekly update, monthly sales/inventory, earnings preview/reviews), and modeling, although this will be naturally expanded with self-starter initiative and the dynamic role itself.

Responsibilities
  • Perform complex financial modeling & valuation work
  • Write regular industry and company reports and company launch initiations from scratch
  • Analyze data in market research databases
  • Demonstrate strong industry knowledge and business judgment
  • Interview industry experts regarding our covered companies and industries
  • 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 to augment our research capabilities
  • Respond to research inquiries from our institutional investor clients during market hours


Qualifications
  • Bachelor's Degree or equivalent years of experience; progress towards a CFA or other relevant professional certifications is a plus
  • 1-3+ years' experience in accounting, corporate finance, research, banking or consulting
  • Strong modeling and financial analysis skills (income statement, balance sheet, and cash flow statement in Excel)
  • Ability to comprehend and create charts, diagrams, tables and other data visualizations
  • Strong attention to detail
  • Knowledge of statistics and/or data analytics/data science techniques a plus
  • General interest in the stock market and/or financial markets
  • Must work well in a fast-paced, intense and collaborative team environment
  • Must have excellent communication skills, written and verbal
  • 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

$130,000.00 - $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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