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Associate: Equity Research, Autos

Bank of AmericaBank of America·Banking and Financial Services

Compensation

$28.55 - $42.85/hr

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Posted

5 days

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About the role

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.
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Aplyr's read

Bank of America is a global financial powerhouse, attracting professionals in finance, technology, and management who thrive in a dynamic and expansive environment.

Synthesized from recent postings & public sources

What's promising

  • Bank of America offers diverse career paths with roles in finance, technology, and management.
  • The company invests heavily in technology, enhancing digital banking services and cybersecurity measures.
  • Strong global presence provides employees with opportunities for international career growth.

What to watch

  • The banking industry faces regulatory challenges that can impact operations and job stability.
  • High-pressure work environment may not suit everyone, particularly in client-facing roles.
  • Limited public information about work-life balance initiatives for employees.

Why Bank of America

  • Bank of America is a leader in digital banking innovation, setting industry standards.
  • The company has a robust commitment to diversity, evident in its bilingual role requirements.
  • Offers specialized roles in niche areas like high-yield technology and telecom credit research.

Aplyr’s read is generated by AI from public sources. Was it useful?

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About Bank of America

BAC$55.16+1.14%

Bank of America is a multinational banking and financial services corporation that provides a wide range of financial products and services to individual consumers, small and middle-market businesses, and large corporations.

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