Analyst - GBS - R
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 an 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!
Global Business Services
Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.
Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.
In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.
Process Overview:
Asset Finance desk within GSFG primarily focuses on tax equity and debt financing focused on clean energy and power projects and select other sustainability assets, leveraging both proven and innovative technologies
Job Description*
GSFG is focused on advising clients on strategies to successfully meet their sustainability goals including Net Zero and Carbon Neutrality, and Social & Inclusive Development
Responsibilities*
Preparing financial models on tax equity and debt financings in renewable energy sectors such as Solar, Wind and other non-renewable low carbon sectors such as Natural Gas with specific focus on Project Finance
Preparing deal related Memos such as Prioritization Memo, Endorsement Committee Memo, Screening Memo, Sponsorship Committee Memo and Credit Approval Memo for live deals at various stages of the debt and tax equity transactions
Executing detailed and structured research in on potential opportunities and new topics in Sustainable Finance
Research macro and sector emission profiles and decarbonization trends, analyze and update company decarbonization trends
Create presentations, including sector tear sheets and peer benchmarking
Perform due diligence and research sustainability targets and decarbonization strategies
Track and research ESG marketplace data and company filings
Working on market updates documents which include latest happenings, new deals and trends for Sustainable Finance encompassing United Nations Sustainable Development Goals
Communicate and interact with senior team members
Requirements
Education: CFA/MBA in Finance
Exp Range: Candidates with 12 – 36 months of total relevant experience preferably in Project Finance with focus on Renewables
Foundational Skills:
Excellent verbal and written communication skills and effective interpersonal skills, MS Office
A strong interest in Global Financial Markets
Interest in the emerging ESG and Sustainability domain
Basic Financial Modelling skills and Advanced Microsoft Office skills
Attention to detail and Formatting skills
Desired skills*
Professional work experience in Equity Modelling or Project Finance in Renewables Sector
Work Timings:
11 AM – 8 PM (Flexibility for working in shifts as per business requirements is a prerequisite)
Job Location
Mumbai