Investment Banking Associate, Financial Institutions Group, Global Investment Banking, Sydney

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!

Our Business Global Investment Banking focuses on building long-term relationships with large corporations, financial sponsors, as well as emerging disruptive growth companies. We have cultivated a ‘best in class’ reputation by providing strong advisory expertise and capitalizing on powerful M&A, equity and debt (including leverage finance) product expertise to deliver integrated financial solutions. In Australia, BofA Securities consistently ranks as a leading M&A adviser.

The Financial Institutions franchise provides strategic advisory and financing services to corporate and financial sponsor clients in the banking, insurance, wealth management, non-bank financials and fintech sectors.

The Financial Institutions team has consistently been one of the leading sector teams in Australian investment banking and was the #1 financial institutions M&A advisor in 2025.  In addition, over the past six months the team has advised on the following announced transactions: Bain Capital’s proposed acquisition of Perpetual’s Wealth Management division, Zurich’s proposed acquisition of ClearView, Westpac’s proposed sale of its RAMS loan portfolio and Medibank’s proposed acquisition of Better Medical.  

Job Description

• Ability to operate as client / project / deal team lead / team member, leading/supporting client relationships, driving the work product and transaction processes
• Participate in the execution of M&A transactions and equity and debt financing
• Perform in-depth financial, valuation, due diligence and industry analysis
• Lead marketing presentations and live deal material
• Participate in or lead client meetings
• Generate ideas and opportunities for new and existing clients, across the sector
• Train and mentor junior bankers (analysts) as they develop core investment banking skill sets
• Work with teams consisting of professionals drawn from across the business, including other bankers within your group, experts in other areas of the firm and colleagues from around the globe

Requirements:

• Investment Banking experience either as part of an industry coverage team or M&A product team
• Outstanding academic achievement
• A bachelor's degree plus 2+ years of investment banking, corporate finance, M&A, modelling/valuation or consulting experience
• Effective verbal and written communication skills

Disclaimer: Apart from Bank of America, National Association, Australian Branch, none of Bank of America’s legal entities are Authorized Deposit-taking Institutions authorized under the Banking Act 1959 of Australia nor regulated by the Australian Prudential Regulation Authority