What are the responsibilities and job description for the Equity Research Associate- Autos position at Bank of America?
Job Description:
The candidate will work alongside senior employees covering the US Automotive value chain. Ultimately, they will be responsible for all aspects of the job, including idea generation, industry research, client interaction, database creation/management, modeling, writing, valuation analysis, marketing materials, client interaction, conferences, plant tours, field trips, ride & drives, and much more. Key elements of the role to begin will include database maintenance/creation, marketing materials updating, maintenance report writing (weekly update, monthly sales/inventory, earnings preview/reviews), and modeling, although this will be naturally expanded with self-starter initiative and the dynamic role itself.
Responsibilities
- Perform complex financial modeling & valuation work
- Write regular industry and company reports and company launch initiations from scratch
- Analyze data in market research databases
- Demonstrate strong industry knowledge and business judgment
- Interview industry experts regarding our covered companies and industries
- Work with Senior Analysts to develop key industry themes
- Build relationships and facilitate information flow with contacts at covered companies
- Participate and contribute to client meetings and events
- Attend meetings and interact with key opinion leaders
- Closely follow and understand market, industry and company specific activity, and relay to analyst when traveling
- Seek out new, unusual sources of information to augment our research capabilities
- Respond to research inquiries from our institutional investor clients during market hours
Qualifications
- Bachelor’s Degree; progress towards a CFA or other relevant professional certifications is a plus
- Minimum 3-5 years 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)
- Ability to comprehend and create charts, diagrams, tables and other data visualizations
- Strong attention to detail
- 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
- Must have excellent communication skills, written and verbal
- Must work well in a collaborative team environment
Shift:
1st shift (United States of America)Hours Per Week:
40