Bank of America Corporation

Associate/ VP: Equity Research - Aerospace and Defense Electronics

Bank of America Corporation$110K — $225K *
Aerospace & Defense
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in business, hard sciences, or engineering preferred
  • 3-5 years in investment banking/research (equity or credit)
  • Experience in aerospace and defense or similar sectors preferred
  • Strong academic foundation in Accounting, Finance, or Engineering with a focus on financial modeling
  • Expertise in MS Word and Excel with strong writing skills
  • Proficient with industry databases and desktop/field research
  • Solid understanding of economics, international affairs, and politics

Responsibilities

  • Conduct financial data analysis to uncover opportunities and risks
  • Assist in structuring and executing transactions for financing solutions
  • Manage daily trading and sales transactions, responding to client needs
  • Develop complex financial models and prepare detailed reports
  • Coordinate team assignments and manage workflow
  • Organize and streamline operational processes
  • Provide training and career mentorship to team members

Benefits

  • Industry-leading benefits package
  • Access to paid time off
  • Resources and support for employee impact
  • Opportunities for professional growth and development
Full Job Description
Job Description:

The Aerospace and Defense team currently covers 47-listed companies across subsectors and adjacencies within the aerospace and defense sector including the commercial aircraft OEMs, defense prime contractors, the supply chain, defense services, "new" space, future air mobility plus several others. In addition to coverage of publicly traded companies, the team regularly vets a number of private companies for potential IPOs.

The candidate for the position should be intellectually curious and have a deep desire to learn and have an interest in Aerospace and Defense and the inner workings of US national security. Given the team's large and growing coverage and fast-paced nature of the aerospace and geopolitical/national security information cycle, the candidate should also have some experience with financial modeling and quantitative analysis, as well as strong verbal communication and writing skills. The ideal candidate possesses experience in aerospace/defense/industrial research. Further, the candidate should possess experience with company modeling and have a passion for following the stock market.

The candidate will work alongside their Senior Analyst and Junior Analyst peers in all aspects, from idea generation to company meetings, including but not limited to the following:
  • Perform complex financial modeling & valuation work
  • Write regular industry and company reports and company launch initiations from scratch
  • 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, value-added, and/or unusual sources of information
  • Leverage our robust network of industry contacts
  • Interact regularly with clients


Responsibilities:
  • Conducts analysis of financial data, news, and other information to identify opportunities and risks related to companies, industries, or financial instruments
  • Assists in structuring, pricing, and executing transactions to assist in developing financing solutions for existing and emerging companies
  • Attends to day-to-day sales, trading, and hedging transaction needs, responding to client inquiries, logs, and records data
  • Leads and/or supports the preparation of associated financial models and written reports, which can be complex and quantitative in nature
  • Managing resources, coordinating assignments and prioritizing team work load
  • Organizing workflow
  • Keeping the machine running day to day
  • Training and skills development
  • Career coaching and mentoring


Qualifications:
  • Bachelor's Degree or equivalent years of experience (business, hard sciences or engineering degree preferred)
  • 3-5 years of experience in investment banking and/or research (equity or credit, sell-side or buy-side)
  • Prior experience in aerospace and defense or related experience preferred
  • Major(s) and areas of academic excellence should include Accounting and Finance, specifically in financial modeling & valuation work or mathematics or engineering
  • Strong writing and spreadsheet skills. Must be an expert at MS Word and MS Excel
  • Must enjoy working in industry databases and websites, and doing desktop and field research
  • Along with Finance and Accounting financial modeling skills, should have strong understanding of economics, macroeconomic factors, international affairs, and policy/politics
  • Must have strong attention to detail, ability to multi-task, and a strong work ethic


Shift:
1st shift (United States of America)

Hours Per Week:
40

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$110,000.00 - $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
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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