Analyst/Associate, Software Equity Research

Bank of America • New York, NY

2d • $70,000 - $175,000 • Onsite

About The Position

The position is for an analyst/associate in the Software Equity Research team. Experience in sell-side research or similar is preferred but not a requirement. The candidate should possess familiarity with financial statements and have a passion for following the stock market. The candidate will work alongside Senior Analysts and Associates in all aspects of the research process, from idea generation to corporate and client communication, including but not limited to the following: Write industry and company reports and company stock coverage initiations Build financial models including income statements, balance sheets and cash flow statements to provide a quantitative basis for analyzing stock valuations Demonstrate industry knowledge Build relationships and facilitate information flow with contacts at covered companies Seek out new, value-added and/or unusual sources of information Have ability to monitor news flow, analyze data and highlight stock-impacting updates when Senior Analyst is traveling Develop surveys and conduct interviews to understand new product/service potential, market dynamics, and current and future product/service demand Interact regularly with sales, trading and external clients

Requirements

• Bachelor’s Degree or equivalent years of experience (advanced degree or industry is a plus but not required)
• Experience in equity research, buy side experience, investment banking or industry/consulting experience is preferred
• Strong writing and financial modeling skills
• Excellent communications skills, written and verbal
• Strong attention to detail, ability to multi-task

Nice To Haves

• advanced degree or industry

Responsibilities

• Write industry and company reports and company stock coverage initiations
• Build financial models including income statements, balance sheets and cash flow statements to provide a quantitative basis for analyzing stock valuations
• Demonstrate industry knowledge
• Build relationships and facilitate information flow with contacts at covered companies
• Seek out new, value-added and/or unusual sources of information
• Have ability to monitor news flow, analyze data and highlight stock-impacting updates when Senior Analyst is traveling
• Develop surveys and conduct interviews to understand new product/service potential, market dynamics, and current and future product/service demand
• Interact regularly with sales, trading and external clients

Benefits

• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level