Posted:
4/1/2024, 5:00:00 PM
Location(s):
New York, New York, United States ⋅ New York, United States
Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior
Field(s):
Sales & Account Management
Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Job Description:
The New Issue Capital Markets Product Diligence Specialist will help conduct issuer due diligence. Additionally, the individual will be responsible for assisting with the origination and marketing process for the broader ISG Capital Markets New Issue business (e.g., Closed End Funds, Debt New Issue, Equity New Issue, Private Placements and Unit Investment Trusts).
The role requires analytical work, relationship management, and a strong understanding of capital markets and underwriting processes. Prior experience as an investment or corporate banker with capital markets diligence experience, especially covering and conducting diligence on banks and financial institutions, is preferred. Acts as the senior product representative on a client team and is solely responsible for all product transactions with key clients. Negotiates fee structures. Has extensive, in-depth knowledge of product functions and can operate independently in handling transactions. Strong client relationship skills used to control and coordinate all aspects of a transaction, from marketing and documentation to closing.
Specific responsibilities consist of analyzing public earnings announcements, financial statements and news and private material on issuers and preparing materials for GWIM’s committees to review and approve individual issuers. Additional responsibilities include interfacing directly with advisors around deal questions, general market color and investment characteristics on broader New Issue offerings. The role also requires live deal support, management reporting, FA support, marketing and sales skills, order entry support, and some ad hoc reporting and administrative tasks.
Skills:
Minimum Education Requirement: Bachelor's Degree required or equivalent work experience
Shift:
1st shift (United States of America)Hours Per Week:
40Website: https://bankofamerica.com/
Headquarter Location: Charlotte, North Carolina, United States
Employee Count: 10001+
Year Founded: 2007
Last Funding Type: Seed
Industries: Asset Management ⋅ Banking ⋅ Finance ⋅ Financial Services ⋅ FinTech