Equity Research Analyst/Associate- Payments, Processors & IT Services

Posted Yesterday
Be an Early Applicant
New York, NY, USA
In-Office
110K-175K Annually
Junior
Big Data • Fintech • Mobile • Payments • Financial Services • Data Privacy
The Role
Conduct complex financial modeling and valuation, write industry and company reports and initiations, support IPO vettings and analyst days, develop research databases, build industry contacts, attend client meetings and events, follow market and company activity, and collaborate with senior analysts to develop key industry themes.
Summary Generated by Built In

Job Description:

The Payments, Processors & IT Services research team covers roughly 30 stocks including major companies in the Payments sector (including Visa, Mastercard, PayPal, and Square) and in the IT Services sector (such as Accenture and Cognizant). We have also recent added coverage of multiple high-growth small/mid-cap names who have disruptive potential.

Responsibilities

  • Perform complex financial modeling & valuation work
  • Write regular industry and company reports and company launch initiations from scratch
  • Participate in IPO-related vettings and analyst days
  • 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, and relay to analyst when traveling
  • Seek out new, unusual sources of information
  • Leverage our robust network of industry contacts
  • Interact regularly with clients

Qualifications

  • Bachelor’s Degree or equivalent years of experience
  • A minimum of 1-2 years of experience – sell-side or buy-side (research, investment banking) experience preferred but not required
  • Credit skills is a plus
  • Must be an expert at MS Word and MS Excel/strong modeling skills
  • Must be able to thrive in a fast-paced and intense environment.
  • Along with Finance and Accounting, should have basic understanding of economics, macroeconomic factors, international affairs, and policy/politics
  • Must have excellent communication skills, written and verbal
  • Must have strong attention to detail, ability to multi-task
  • Must work well in a collaborative team environment
  • Must have strong intellectual curiosity

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$110,000.00 - $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 years of experience
  • 1-2 years of relevant experience
  • Sell-side or buy-side (research, investment banking) experience
  • Credit skills
  • Expert at MS Word
  • Expert at MS Excel and strong financial modeling skills
  • Basic understanding of Finance, Accounting, Economics, macroeconomic factors, international affairs, and policy/politics
  • Excellent written and verbal communication skills
  • Strong attention to detail and ability to multi-task
  • Ability to thrive in a fast-paced and intense environment
  • Ability to work well in a collaborative team environment
  • Strong intellectual curiosity

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 Pay practices are framed as structured and backed by regular pay-equity analysis, which creates a sense of consistency even when higher pay is desired.
  • Pay Growth & Progression A high U.S. hourly pay floor of $25/hour is positioned as a meaningful baseline for frontline and support roles, improving perceived competitiveness at the lower end.
  • Parental & Family Support Parental leave, family-planning reimbursement, backup care, and “Life Event Services” are presented as substantial supports that strengthen the overall rewards package.

Bank of America Insights

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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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