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:
- Bachelor’s degree or minimum 2 years of experience in financial services
- Excellent written and verbal communication skills
- Experience 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 PowerPoint
- Organizational 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 role
- Experience automating manual processes and streamlining day-to-day workflows
- Comfortable reaching out to more senior internal business partners to gather data to facilitate analyses and create presentation materials
Desired Skills:
- Familiarity with debt and/or equity capital markets
- Prior experience with credit rating agencies and their methodologies
- Understanding of banking industry regulation, especially capital and liquidity rules
- Familiarity with ESG rating agencies and their methodologies
- Understanding of the rapidly evolving global ESG initiatives and emerging developments that impact large companies like BAC
- Experience using Bloomberg, Tableau and Workiva
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - NY - New York - 1114 Avenue Of The Americas - Grace (NY1544)Pay and benefits informationPay range$94,500.00 - $139,400.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.
