Associate, Financial Institutions, Global Research, Australia

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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

The Team

The Australian Equities Research Team focuses on producing high quality and insightful research on listed companies and industry sectors in the Australian region, as well as on global thematic trends impacting sectors under coverage. The team looks to build long-term relationships with, and provide research and analysis to, regional and global institutional investment firms, listed and unlisted companies and key industry players. We require an Associate to join the Australian Financials team.

The Role 

An opportunity exists for a Research Analyst to join our well rated and dynamic Australian Research team, supporting the analysts covering the Australian Financials sectors. This role is based in Sydney.

Responsibilities

• Maintain a detailed knowledge of the Australian Financials (primarily Banks) industry.
• Build, maintain and update company models and statistics databases;
• Writing reports on individual companies and the market sectors;
• Responding to client requests for data and information;
• Assisting in the design and preparation of analyst marketing materials;
• Collaborating with domestic, regional and global colleagues on research projects;
• Developing relationships and interacting with colleagues in research, equity sales and trading, as well as institutional clients, investor relations, company management and other industry participants;
• Be responsible for the specific analysis of individual companies and their equities within the Australian Financials sector;
• Produce regular reports summarising findings and predictions, as well as responsibility for the sector news flow and contributing to overall sector views/pieces;
• Develop financial models and interpret data and analysis on market, economic and political events.

Preferred Background and qualifications/skills

• Excellent academic record with a degree in Finance, Accounting or related field;
• 2-3 years of relevant work experience – preferably in a banking, sell-side equity research, buy-side or related field;
• Excellent financial modelling skills and a solid grounding in financial/accounting fundamentals;
• Ability to interpret and analyse company’s financial statements, announcements and industry news in order to write research report from the findings;
• Meticulous attention to detail, self-driven to deliver results and willingness to take responsibility for the outcomes are essential for the role;
• Highly motivated, proactive, curious and a high level of enthusiasm for equity research;
• Demonstrated ability to think logically and creatively, generate ideas and exercise good judgment.