Associate/VP: Equity Research - 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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Associate/VP: Equity Research - Semiconductors

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
  • Prior experience covering Tech/Semis in a Sellside or Buyside role is preferred  
  • 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:

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

$150,000.00 - $225,000.00 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.