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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
The analyst would have the opportunity to work in the top ranked team for RMBS and CLO Research. The team has been ranked 1st multiple years in a row in various investor surveys. Since 2021, the RMBS, CLO & Securitized Products team have been ranked 1st in the Extel/Institutional Investors Survey Rankings, Awarded Best Research by the LSTA / Deal Catalyst since they started the awards process in 2022 and the Most Helpful Research desk in the Greenwich survey.
Research Analysts are responsible for monitoring market statistics, conducting primary research individual sectors they cover, writing franchise pieces and servicing institutional clients. Sample responsibilities and projects include:
- Conducting in-depth sector and market research on Housing, Corporate Credit and mortgage trends
- Track borrower performance in RMBS & CLO deals, track issuance trends in the sector & highlight pertinent observations
- Perform statistical analysis using SQL, analyze collateral quality metrics and cash flow distributions to formulate broad-based market recommendations
- Publishing sector updates on a regular basis and assist teams in producing weekly, monthly, and quarterly research publications
- Prepare presentation/marketing materials for senior associates/clients on an ad-hoc basis
- Initiating and building relationships with clients and within the bank to develop a network of contacts appropriate to the industry, country or asset market covered
- Visit & discuss strategies in Client meetings and respond to requests on data, strategy and market insights
Qualifications
- Bachelor’s degree required (Computer Science, Statistics, Economics, or Finance background not necessary but a plus)
- SQL, Excel and Python skills or prior experience with similar data processing languages a plus
- Good written and verbal communication skills
- Strong attention to detail; exercise strong quality control over own work
- Ability & willingness to work hard
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
- SQL, Excel, and Python or similar data-processing language experience
- Strong written and verbal communication skills
- Strong attention to detail and quality control
- Ability and willingness to work hard
- Background in Computer Science, Statistics, Economics, or Finance
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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Healthcare Strength — Health coverage is described as comprehensive, with medical, dental, vision, virtual care via Teladoc, wellness programs, and specialized support for cancer and menopause. Wellness credits and an always‑on EAP with in‑person sessions add to the depth of care.
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Parental & Family Support — New parents can access up to 26 weeks of leave, including 16 weeks fully paid for eligible teammates, alongside back‑up child and adult care. Family‑building resources and reimbursements (e.g., fertility, adoption, surrogacy) and a dedicated Life Event Services team extend support across life stages.
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Equity Value & Accessibility — Broad‑based equity through the Sharing Success program, including $1B in stock to nearly all non‑executive employees in January 2026, is intended to foster an ownership mindset. Stock awards (including RSUs) are a recurring component that aligns employees’ interests with shareholders.
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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