Associate

Job Description

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 financial structuring and transaction execution activities.
Assist in performing business development and/or financial product advisory.
Actively participating on client and deal teams.
Participate in due diligence sessions and client meetings.
Execute and advise on various M&A, initial public offerings, follow-ons, mandatory convertibles and exchangeable debt offerings, spin offs/split offs, debt-for-equity exchanges, recapitalizations, and private placements.
Develop and maintain financial models to analyze trends, including discounted cash flow, leverage buyout, cost of capital analysis, merger models, ability-to-pay, value-creation, operating models, and 3-statement models.
Perform comprehensive valuation analysis using comparable companies and precedent transactions.
Conduct research using FactSet, Capital IQ, Bloomberg, Thomson, and Factiva to analyze market data and competitive dynamics.
Review work of analysts and coordinate with deal team members across other groups within the bank to help in deal execution.
Develop and maintain financial models to analyze trends, including cash flow, leveraged buyout, cost of capital analysis, ability-to-pay, value-creation, operating models, and statement models.
Research and analyzing trends across sectors and capital structures.
Prepare client presentation materials, internal approval memos, and marketing documents such as roadshow materials, confidential information memorandums, and rating agency presentations to execute transactions.
Use key transaction terms including negative covenants as they pertain to high-yield bonds and leveraged loans.
Conduct research using Bloomberg, Moody’s, S&P, LCD comps, and other financial databases to analyze market data and competitive dynamics.
Required Skills & Experience:

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:
Developing and maintaining financial models to analyze trends, including cash flow, leveraged buyout, cost of capital analysis, ability-to-pay, value-creation, operating models, and statement models;
Performing comprehensive valuation analysis using comparable companies and precedent transactions;
Researching and analyzing trends across sectors and capital structures;
Preparing client presentation materials, internal approval memos, and marketing documents such as roadshow materials, confidential information memorandums, and rating agency presentations to execute transactions;
Using key transaction terms including negative covenants as they pertain to high-yield bonds and leveraged loans; and,
Conducting research using Bloomberg, Moody’s, S&P, LCD comps, and other financial databases to analyze market data and competitive dynamics.
Up to 15% domestic travel as necessary.
If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com 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