Job Description:
The North American Banks Research team covers 40+ stocks across the US and Canada with over $4 trillion in market capitalization, including US large- and mid-cap banks, Canadian banks, and M&A boutiques. The team is looking for someone with intellectual curiosity and the aptitude to ramp quickly in a fast-evolving banking sector, undergoing secular shifts tied to stablecoins and digital assets, AI, and a shifting regulatory backdrop.
The ideal candidate will have 2–4 years of experience, preferably at a bank in financial reporting or on the sell-side covering banking or financial services. This role provides an opportunity to work with top-ranked analysts across all aspects of the research process—from idea generation to company meetings—and plays a critical role in financial modeling, qualitative analysis, and writing research reports.
Responsibilities:
- Conducts analysis of company financial data, news, and other information to identify opportunities and risks related to companies, industries, or financial instruments
- Attends to day-to-day sales, trading, and hedging transaction needs, responding to client inquiries, logs, and records data
- Assists with the preparation of associated financial models and written reports
- Perform complex financial modeling & valuation work
- Write regular industry and company reports and company launch initiations from scratch
- Develop databases integral to our research product
- Demonstrate strong industry knowledge and business judgment
- 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
- Seek out new, unusual sources of information
- Interact regularly with clients
Qualifications
- Bachelor’s Degree or equivalent years of experience, CFA preferred
- 2-4 years of experience focusing in equity research, buy side experience or investment banking experience
- Strong writing and modeling skills. Must be an expert at MS Word and MS Excel, using AI tools
- Must be able to thrive in a fast-paced and intense environment.
- Must have excellent communications skills, written and verbal
- Must enjoy following the stock market and doing desktop and field research
- Along with Finance and Accounting, should have basic understanding of economics, macroeconomic factors, international affairs, and policy/politics
- Must have strong attention to detail, ability to multi-task
- Must work well in a collaborative team environment
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$110,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.Skills Required
- Bachelor's degree or equivalent years of experience
- CFA
- 2-4 years experience in equity research, buy-side, or investment banking
- Strong writing skills
- Expert-level Microsoft Excel skills
- Expert-level Microsoft Word skills
- Experience using AI tools
- Advanced financial modeling and valuation experience
- Ability to write industry and company research reports and initiations
- Strong attention to detail and ability to multi-task
- Excellent verbal and written communication skills
- Interest in following the stock market and conducting desktop and field research
- Basic understanding of finance, accounting, economics, macroeconomic factors, international affairs, and policy/politics
- Ability to work well in a collaborative team environment
Bank of America Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bank of America and has not been reviewed or approved by Bank of America.
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Fair & Transparent Compensation — The $25/hour U.S. minimum wage, reaffirmed in recent company materials, sets a clear compensation floor that lifts entry-level and operations pay. Public salary information and disclosures provide visible benchmarks for pay across roles.
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Parental & Family Support — Parental leave extends up to 26 weeks with 16 weeks fully paid for eligible teammates, alongside backup child and adult care and a dedicated Life Event Services team. Family-building assistance offers up to a $20,000 lifetime reimbursement and bereavement leave provides 20 paid days for loss of a spouse, partner, or child.
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Retirement Support — Retirement programs include a 401(k) match up to 5% of eligible pay plus an additional 2–3% annual company contribution based on service. These employer contributions add meaningful long-term value beyond base pay.
Bank of America Insights
What We Do
We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth. Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
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