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Equity Research Associate - IT Hardware & Technology Supply Chain

New York, New York

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:
This job is responsible for assisting with the recommendation process related to the buying, selling, or holding of financial securities and/or studying the role of government in the economy. Key responsibilities include performing financial and statistical analyses, conducting research, preparing reports, helping to originate, structuring and modeling transactions, and assessing market trends. Job expectations may include rotating through a specific product area or sector to gain exposure to the business.

The IT Hardware and Technology Supply Chain Research team covers 27 stocks (and growing) with high trading volume, strong investor interest, and opportunity for new coverage.

The team is looking for someone who can help tie in macro themes and megatrends in a changing technology landscape, and present them in concise written research with actionable investment ideas across our coverage universe.

The ideal candidate will have between three to four years of experience in markets and experience focusing on the technology sector. This candidate will work with both the Senior Analyst and team members in all aspects from idea generation to company meetings, and will play a critical part in providing the financial modeling and qualitative analysis to formulate investment opinions.

Responsibilities

  • Perform financial modeling & valuation work
  • Regularly write industry and company reports and initiations of coverage from scratch
  • Analyze data in market research databases
  • Respond to research inquiries from our institutional investor clients during market hours
  • Interview industry experts regarding our covered companies and industries
  • Build relationships and facilitate information flow with contacts at covered companies
  • Participate and contribute to industry conferences and events
  • Closely follow and understand stock market, industry and company specific activity, and relay to the analyst when he/she is traveling
  • Seek out new, unusual sources of information to augment our research capabilities
  • Work with Senior Analysts to develop key industry themes
  • Demonstrate strong industry knowledge and business judgment

Qualifications

  • Bachelor’s Degree or equivalent years of experience; progress towards a CFA or other relevant professional certifications is a plus
  • 3-4 years of experience focusing in equity research, buy side experience or investment banking experience
  • Strong writing and modeling skills (income statement, balance sheet, and cash flow statement in Excel).
  • Must be able to thrive in a fast-paced and intense environment.
  • Must have excellent communications skills, written and verbal
  • Must respond well to time-sensitive tasks, such as writing earnings reports and responding to clients
  • Must enjoy following the stock market and doing desktop and field research
  • Along with strong Finance and Accounting skills, 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: 

40

Learn more about this role

Full time

JR-24012898

Manages People: No

Travel: No

New York pay and benefits information

New York pay range:

$130,000 - $160,000 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.

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036