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Fixed Income Credit Research Analyst

Bank of America

Bank of America

IT
Boston, MA, USA · United States · Remote
Posted on Tuesday, May 21, 2024

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!

The Investment Analyst, a role within the Chief Investment Office (CIO), will be directly responsible for maintaining formal research coverage of issuers across several non-Financial sectors and providing high conviction investment recommendations in support of the CIO Fixed Income Team SMA solutions. The ideal candidate should have strong financial statement analysis and presentation skills in addition to experience in financial markets and fundamental research specifically – either in credit or equities.

Responsibilities

  • Maintain research coverage of approximately 50-60 issuers/credits across several non-Financial sectors (specific sector coverage is TBD and also dependent upon candidate experience)
  • Become a subject matter expert on sectors under coverage, communicating relevant themes, issues, developments, and investment implications to the broader CIO Fixed Income Team
  • Conduct in-depth financial statement/fundamental analysis, incorporating key sector trends, top-down firm macro-economic views, and thorough relative valuation analysis across a range of maturities
  • Communicate sector and issuer recommendations to analysts, traders, and PM teams – continue surveillance on trade recommendations and update the CIO on an as needed basis
  • Maintain detailed financial models for issuers which includes pro-forma projections where necessary
  • Attend industry conferences and meet regularly/maintain relationships with company management teams and other key partners including sell side analysts, ratings agencies, industry experts, etc.
  • Collaborate with teams across the CIO and Investment Solutions Group (ISG). Interact with partners and key stakeholders across the Private Bank and Merrill Lynch
  • Regularly contribute to CIO team thought leadership content

Required Qualifications

  • 3-5 years of relevant Fixed Income experience, preferably as a research associate or junior credit analyst
  • Bachelor’s degree required
  • Analytical mindset and strong financial modeling skills – ability to quickly synthesize data and provide thoughtful insights on complicated topics/trends
  • Self-starter with an ability to manage time effectively and independently with a proactive approach managing work flow
  • Very strong written and verbal communications skills
  • Team-oriented mindset, ready to contribute ideas to enhance the investment process

Desired Qualifications

  • Prefer individuals with CFA or progress towards CFA

Shift:

1st shift (United States of America)

Hours Per Week:

40

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