Bank of America Corporation

Senior Product Specialist - Ratings Advisory

Bank of America Corporation$275K — $350K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Deep knowledge of rating agency methodologies and credit implications of financial decisions.
  • Strong analytical and financial modeling skills for complex credit scenarios.
  • Proven experience managing multiple projects in a high-volume environment.
  • Excellent communication and relationship management abilities, suitable for advising executives.
  • Extensive credit industry experience is mandatory.

Responsibilities

  • Analyze credit across the full spectrum, acting as an internal proxy for rating agencies.
  • Advise senior management on the ratings implications of financial actions and policies.
  • Support various transactions, customizing ratings analysis for each type.
  • Manage several client relationships and projects simultaneously with high analytical standards.
  • Develop and present ratings strategies and agency positioning to clients.
  • Act as the primary contact with rating agencies, advocating for clients' credit stories.
  • Collaborate with internal teams to structure finance solutions that optimize ratings outcomes.
  • Promote firm's capital market products to advisory clients, identifying relevant opportunities.
  • Monitor agency methodology updates and sector trends, communicating insights to clients.

Benefits

  • Industry-leading benefits package.
  • Access to paid time off.
  • Support and resources for employee impact and growth.
  • Incentive program based on performance and contributions.
Full Job Description
Job Description:

Role Overview:
Senior member of the Ratings Advisory team responsible for advising corporate issuers across the full credit spectrum - from high-grade through crossover and high-yield - on the ratings implications of their financing and strategic decisions. The role combines rigorous credit analysis, agency relationship management, and cross-product capital markets partnership, and requires the ability to manage several client engagements and live transactions simultaneously in a fast-paced deal environment.

Key Responsibilities:
• Analyze corporate credit across investment-grade, crossover, and high-yield issuers, acting as an internal proxy for the credit rating agencies (Moody's, S&P and Fitch) during deal reviews, ratings assessments, and pitch preparation.
• Advise senior executive management - including CFOs and boards - of both new and seasoned corporate capital markets issuers on the ratings implications of new debt and equity issuances, merger and acquisition activity, shareholder enhancement strategies, and shifts in corporate financial policy.
• Support a broad range of transaction types, from large, transformational M&A and leveraged buyouts to recapitalizations, dividend recaps, refinancings, liability management exercises, and hybrid and structured capital solutions, tailoring the ratings analysis to each situation.
• Manage multiple client relationships and live projects concurrently, prioritizing across competing deal timelines while maintaining a high standard of analytical rigor and responsiveness.
• Develop and present ratings strategy, agency positioning, and rating-outcome scenarios, and lead clients through the ratings process - including preparing rating agency presentations, coaching management teams, and accompanying clients to agency meetings.
• Serve as the primary interface with the rating agencies on behalf of clients, building and maintaining agency relationships and advocating for the client's credit story throughout the ratings process.
• Work with clients and internal deal teams - including capital markets, coverage, M&A and product partners - to structure solutions that best meet the client's corporate finance objectives while optimizing ratings outcomes.
• Play an active role in cross-selling the firm's capital markets products to ratings advisory clients, identifying financing, hedging, and balance-sheet opportunities that align with each issuer's ratings goals.
• Interface with clients across the full engagement lifecycle - during new business pitches, throughout the ratings process, and after a transaction has closed - to answer ongoing questions about their ratings, agency methodology changes, and interactions with the rating agencies.
• Monitor rating agency methodology updates, sector trends, and peer developments, and proactively communicate relevant implications to clients and internal teams.

Qualifications / Attributes:
• Deep understanding of rating agency methodologies and the credit implications of capital structure, M&A, and financial policy decisions across the full credit spectrum.
• Strong analytical and financial modeling skills, with the ability to translate complex credit analysis into clear, actionable advice for senior client stakeholders.
• Proven ability to manage multiple projects and deadlines simultaneously in a high-volume environment.
• Excellent communication and relationship management skills, with the credibility to advise executive management and engage directly with the rating agencies.
• Extensive credit experience required

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

$275,000.00 - $350,000.00 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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