Associate - GIB

Posted:
11/14/2024, 4:00:00 PM

Location(s):
New York, United States ⋅ New York, New York, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

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!

RESPONSIBILITIES:

  • Perform various types of financial and valuation analyses to evaluate mergers, acquisitions, debt, equity, and other capital raising transactions using valuation methodologies including comparable companies, precedent transactions, LBO, and DCF.

  • Contributing to the preparation and review of materials used in the bank’s financing and advising role for clients, including investment memoranda, management presentations, financial models, and pitchbooks.

  • Develop relationships with new and existing clients in order to expand the business.

  • Perform due diligence, research, analysis, and documentation of live transactions.

  • Conduct company and industry research to support financial advisory.

  • Contribute to several projects at once and work effectively as an individual and as part of a team.

  • Create other types of presentations for clients and internal purposes.

  • Conduct Financial Institutions industry-specific, asset/credit quality analysis, capital adequacy analysis, and capital impacts analysis.

  • Conduct other corporate finance analyses, including WACC, value creation, accretion/dilution, deleveraging, rating, and sensitivity analyses, LBO, DCF, precedent transactions, and public comps (including implied returns analyses and sensitivities).

  • Conduct in-depth competitive market and market size analyses, including brokers’ benchmarking, peers’ financial and operating benchmarking, and market size appraisal.

  • Conduct synergies valuation and analysis. Conduct research using Factset, Capital IQ, Bloomberg, Thomson Reuters, and Factiva to analyze market data and competitive dynamics.

  • Remote work may be permitted within a commutable distance from the worksite.

REQUIREMENTS:

  • Bachelor's degree or equivalent in Business Administration, Finance, Economics, or related; and

  • 2 years of experience in the job offered or a related finance occupation.

  • Must include 2 years of experience in each of the following:

  • Conducting Financial Institutions industry-specific, asset/credit quality analysis, capital adequacy analysis, and capital impacts analysis;

  • Conducting other corporate finance analyses, including WACC, value creation, accretion/dilution, deleveraging, rating, and sensitivity analyses, LBO, DCF, precedent transactions, and public comps (including implied returns analyses and sensitivities);

  • Conducting in-depth competitive market and market size analyses, including brokers’ benchmarking, peers’ financial and operating benchmarking, and market size appraisal;

  • Conducting synergies valuation and analysis; and,

  • Conducting research using Factset, Capital IQ, Bloomberg, Thomson Reuters, and Factiva to analyze market data and competitive dynamics.

If interested apply online at www.bankofamerica.com/careers or email your resume to [email protected] and reference the job title of the role and requisition number.

EMPLOYER:  BofA Securities, Inc.

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

$225,000.00 - $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.