Equity Research Associate- Semiconductors

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:

This job is responsible for assisting with the recommendation process related to the buying, selling, or holding of financial securities and/or studying the role of government in the economy. Key responsibilities include performing financial and statistical analyses, conducting research, preparing reports, helping to originate, structuring and modeling transactions, and assessing market trends.

The Semiconductors team covers a wide range of companies involved in the design and manufacturing of chips that serve the cloud computing, AI, automotive, networking and industrial markets.

This is an exciting role that offers an opportunity to learn about cutting edge technology, and to collaborate with a wide range of BofA global teams. The ideal candidate will have an interest/passion for working in the technology industry, modelling skills and desire to work in a collegial and collaborative team environment.

Responsibilities:

• Conducts analysis of financial data, news, and other information to identify opportunities and risks related to companies, industries, or financial instruments
• Assists in structuring, pricing, and executing transactions to assist in developing financing solutions for existing and emerging companies
• Attends to day-to-day sales, trading, and hedging transaction needs, responding to client inquiries, logs, and records data
• Leads and/or supports the preparation of associated financial models and written reports, which can be complex and quantitative in nature
• Perform financial modeling & valuation work
• Update, analyze and compile complicated datasets in databases using Excel
• Derive key insights from data trends and analysis
• Monitor, compile, and summarize/model key industry news and developments
• Seek out new, unusual sources of information to augment our research capabilities/insights
• Write and update company and industry data reports and trends
• Closely follow and understand stock market, industry and company specific activity, and relay to the analyst when he/she is traveling
• Develop industry knowledge and business judgment over time

Qualifications

• Bachelor’s Degree or equivalent years of experience. Progress towards a CFA or other relevant professional certifications is a plus
• Experience in accounting, corporate finance, research, banking or consulting
• Strong modeling and financial analysis skills (income statement, balance sheet, and cash flow statement in Excel)
• Strong attention to detail, and understanding of MS Office for formatting charts, tables and exhibits
• Knowledge of statistics and/or data analytics/data science techniques a plus
• General interest in the stock market and/or financial markets
• Must work well in a fast-paced, intense and collaborative team environment

Skills:

• Business Intelligence
• Financial Analysis
• Financial Forecasting and Modeling
• Financial Management
• Profitability Analysis
• Data and Trend Analysis
• Price Verification and Valuation
• Research
• Research Analysis
• Technical Documentation

Shift:

Hours Per Week: