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Bank of America

Analyst/ Associate - US Credit Strategy, Global Research

Reposted 9 Days Ago
Be an Early Applicant
In-Office
New York, NY, USA
70K-175K Annually
Mid level
In-Office
New York, NY, USA
70K-175K Annually
Mid level
Develops forecasts and trade ideas for US corporate bonds and loans, performs market analysis, and publishes research reports; requires strong analytical and communication skills.
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Job Description:

The Credit Strategy group is responsible for generating forecasts, trade ideas,​ and relative value calls for US corporate bonds and loans across public and private credit markets based on macroeconomic dynamics and top-down analysis. The team is highly visible across external clients (PMs, CIOs, hedge funds) and internal stakeholders (trading, banking, wealth mgmt), and offers the rare opportunity to be entrepreneurial within the context of sell-side research.

The role requires a mix of traditional research skills such as analytical thinking, attention to detail, quality control, ability to multitask and thrive in a fast-paced environment, along with an entrepreneurial mindset of being a self-starter, and thinking creatively. Excellent communication and presentation skills are a must, as the role requires client dialog. The candidate should be comfortable with a variety of technical skills such as manipulating SQL databases, statistical modeling, and handling big data. In addition, since this is a publishing role, the ability to articulate concepts into impactful written summaries is required.

Tasks:

  • Independently follow market events, develop original ideas and analysis, and write impactful summaries on US Credit, delivering a clear and concise message.
  • Help the senior analyst in publishing daily, weekly and monthly research reports on corporate credit markets (HY focus) as well as larger thematic pieces.
  • Query, insert and manipulate SQL databases. Create analysis using SQL, Bloomberg, and Excel .
  • Interact with internal and external clients to articulate the team’s views and respond to client and sales/trading requests.

Qualifications

  • Bachelor’s degree in a technical discipline such as Finance, Computer Science, Engineering, Statistics, Financial Engineering and/or 2-3 years of relevant experience in Leveraged Credit. 
  • Proficient in SQL, Excel ​and Bloomberg.
  • Excellent verbal and written communication skills. Native proficiency in spoken and written English is required.
  • Strong work ethic, attention to detail, and quality control over their own work.
  • Self-starter, with a demonstrated ability to take ownership of tasks and bring them to a logical conclusion. 
  • Thrive in a fast-paced environment while handling multiple projects and requests simultaneously.
  • Prior experience in HY/Loans, and/or ability to build quantitative and statistical models is a big plus.

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$70,000.00 - $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.

Bank of America Jersey City, New Jersey, USA Office

101 Hudson St, Jersey City, NJ, United States

Bank of America New York, New York, USA Office

115 W 42nd St, New York, NY, United States, 10036

Bank of America Pennington, New Jersey, USA Office

1500 American Blvd, Pennington, NJ, United States

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