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!
Job Description:
Investor Relations Senior Analyst-Primarily responsible for reporting and analyzing internal financial information and statements and preparing them for external customer, client and media release. Works closely with the corporate analytics organization to build, model and create internal and external financial results and statements.
The Investor Relations Associate is a member of the Rating Agency & Fixed Income Investor Relations team in the Chief Financial Officer (CFO) Group’s Treasury organization. This small but critical team serve as the primary relationship managers for analysts at credit rating agencies (e.g., Moody’s, S&P, and Fitch), as well as the growing number of ESG rating agencies. It also serves as the primary point of contact for fixed income investors who own BAC’s large footprint of unsecured debt and preferred stock, as well as other stakeholders who are interested in BAC’s creditworthiness. This dynamic role provides exposure to all of BAC’s lines of business and external reporting, which can enable the associate to build an enterprise-wide perspective.
Responsibilities:
This individual will primarily support the ongoing facilitation and enhancement of Bank of America’s active, transparent dialogue with credit rating agencies, institutional fixed income investors, clients, and counterparties, including assisting in the coordination of meetings between those stakeholders and BAC executive management. A successful candidate will be expected to analyze financial reports and identify and incorporate relevant information into the creation of compelling presentation materials. An emphasis on innovative analysis combined with an active dialogue helps ensure that the rating agency analysts and fixed income investors continue to recognize BAC’s progress in delivering responsible growth.
In addition to contributing to the team’s formal outreach efforts, the IR Associate must develop a strong understanding of BAC’s overall financial position, business strategy, and competitor landscape to capably assist in addressing inquiries from rating agency analysts and fixed income investors. Of note, the associate will be expected to become a subject matter expert in the detailed methodologies used by the rating agencies to determine BAC’s credit ratings, as well as to build an understanding of the underpinnings of ESG ratings.
A successful IR Associate will also need to develop business partner relationships within the broader Investor Relations team, key groups within Corporate Treasury, Global Risk Management, Business Financial Officers, SEC Reporting, Corporate Legal and various other subject matter experts across BAC. This role is ideally located in New York (although exceptional candidates in Charlotte may be considered) and requires work with colleagues in other locations. The ideal candidate is personable, self-motivated, intellectually curious, proactive, detail oriented and collaborative. They must exhibit a strong drive to deliver work on time and to a high quality, accuracy and aesthetic standard.
Required Skills:
Excellent written and verbal communication skillsMinimum 2 years of experience in financial servicesExperience sourcing, interpreting, analyzing and manipulating financial statements and related data of financial institutions to draw relevant competitor comparisons and conclusions (10Q-10K, Call Reports, FFIEC 101, Pillar 3, etc.)Strong skills with Excel, Word and PowerPointOrganizational and teamwork skills and the ability to juggle multiple tasks and responsibilities, including willingness and flexibility to work evenings and weekends, as will occasionally be required by the roleExperience automating manual processes and streamlining day-to-day workflowsComfortable reaching out to more senior internal business partners to gather data to facilitate analyses and create presentation materialsDesired Skills:
Bachelor’s degreeFamiliarity with debt and/or equity capital marketsPrior experience with credit rating agencies and their methodologiesUnderstanding of banking industry regulation, especially capital and liquidity rulesFamiliarity with ESG rating agencies and their methodologiesUnderstanding of the rapidly evolving global ESG initiatives and emerging developments that impact large companies like BACExperience using Bloomberg, Tableau and WorkivaMinimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)Hours Per Week:
40