Associate - Corporate Banking (FIG)

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

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

Job Description

We are looking for an experienced banking Associate. As an active team member, this individual would assist coverage bankers in the delivery of the full breadth of products and services to clients and prospects. This role will provide the successful candidate with the opportunity for exposure to some of the largest and most advanced global companies. This role encompasses the following responsibilities:

• Prepare pitchbooks, meeting materials, research reports and other client presentations
• Perform various financial analyses, including ratings analysis, capital structure & benchmarking analysis, assessment of credit quality and acquisition capacity
• Develop and maintain complex financial models that are used in the preparation of client materials and internal approval memos
• Navigate and lead internal processes including credit approvals, capital commitments, and anti-money laundering / know your customer assignments
• Work with in-country, regional, global banking and credit teams to deliver the firm globally
• Participate in client meetings, portfolio planning sessions and be able to identify cross-sell opportunities
• Review credit agreements and indentures to analyze covenants, baskets and other relevant restrictions
• Develop expertise in the industries that he/she covers and conduct in depth company research
• Assist with the execution of various financial transactions, whether capital markets, credit facilities or transactional services
• Communicate and interact with both core and extended client team members from various product groups to build comprehensive client presentations and ensure seamless client delivery

Qualifications

• Bachelor’s degree with outstanding academic qualifications
• Must have a combination of strong quantitative/analytical skills, attention to detail and client focus
• Strategic and creative thinking; distinguished written and verbal communications skills
• Assertiveness, initiative, leadership, strong work ethic
• Ability to manage multiple projects at the same time and work effectively both individually and as part of a team
• Capacity to learn quickly and take on new responsibilities
• Desire to deliver global banking solutions to sophisticated client base
• Dedication to building a career in corporate banking
• At least one year of GCIB credit underwriting experience at Bank of America

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$175,000.00 - $175,000.00 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.

Salary : $175,000