Associate: Equity Research, Autos

Posted 10 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
130K-175K Annually
Mid level
Big Data • Fintech • Mobile • Payments • Financial Services • Data Privacy
The Role
Conduct financial modeling and valuation for US automotive companies, produce industry and company research reports, maintain databases, support client interactions, attend conferences and plant tours, and respond to investor inquiries while collaborating with senior analysts to develop themes and investment ideas.
Summary Generated by Built In

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.

Skills Required

  • Bachelor's degree or equivalent experience
  • 1-3+ years' experience in accounting, corporate finance, research, banking or consulting
  • Strong financial modeling and analysis skills (income statement, balance sheet, cash flow in Excel)
  • Ability to create and interpret charts, diagrams, tables and data visualizations
  • Strong attention to detail
  • Knowledge of statistics and/or data analytics/data science techniques
  • Progress toward CFA or other relevant professional certification
  • General interest in the stock market and financial markets
  • Excellent written and verbal communication skills
  • Ability to work well in a fast-paced, 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.

  • 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.
  • 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.
  • 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.

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The Company
HQ: Charlotte, NC
208,000 Employees
Year Founded: 1784

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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