Equity Research Analyst/Associate- Transportation & Shipping

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!

Job Description:

Equity Research Analyst/Associate- Transportation & Shipping

The Airfreight & Surface Transportation and Shipping team covers nearly 30 stocks, spanning railroads, truckers, airfreight companies (UPS, FedEx), less-than-truckload carriers (such as Old Dominion Freight Line, XPO), freight forwarders/truck brokers, railroad equipment manufacturers, and international shipping companies. 

The team is known for its ability to synthesize data to help institutional investors with valuation and industry background thoughts.  We have proprietary surveys that provide real time market data unmatched in the industry. 

The candidate 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, conferences, plant tours, and much more.  The role will be naturally expanded through 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; MBA and/or progress towards a CFA or other relevant professional certifications is a plus
• Minimum 1-5 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

Skills:

• Business Intelligence
• Financial Analysis
• Financial Forecasting and Modeling
• Financial Management
• Profitability Analysis
• Data and Trend Analysis
• Price Verification and Valuation
• Research
• Research Analysis
• Technical Documentation

Shift:

Hours Per Week: