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Bank of America Equity Research Associate/ VP - Power & Utilities in New York, New York

Equity Research Associate/ VP - Power & Utilities

New York, New York

Job Description:

Power & Utilities is a $1.1 trillion market cap sector with 55 stocks under coverage across Power, Regulated & Unregulated Utility companies. This sector garners high investor interest across institutional and retail clients and generates meaningful trading volume of more than $4 billion per day. The Power & Utilities equity research team is seeking an ambitious candidate who is keen to gain exposure to the sector.

The ideal candidate will have between 3+ years of experience in equity research, buy-side investing or investment banking, focusing on the Power & Utilities sector. This role supports the team in all aspects from idea generation to participating in company meetings, financial modeling, providing market overviews and crafting of investment theses for stock picks.

Responsibilities

  • Perform complex financial modeling & valuation work

  • Write regular industry and company reports and company launch initiations from scratch

  • Develop databases integral to our research product

  • Demonstrate strong industry knowledge and business judgment

  • 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

  • Generate data-driven investment ideas

  • Leverage our robust network of industry contacts

  • Interact regularly with clients

Qualifications

  • Bachelor’s Degree or equivalent years of experience

  • 3+ years of experience focusing on the Power & Utilities sector (equity research, buy side experience or investment banking experience)

  • Hedge fund experience or sell-side experience in servicing hedge fund clients is a plus

  • Strong writing and modeling skills. Must be an expert at MS Word and MS Excel

  • Must be able to thrive in a fast-paced and intense environment

  • Must have excellent communications skills, written and verbal

  • Must enjoy following the stock market and doing desktop and field research

  • Along with Finance and Accounting, should have basic understanding of economics, macroeconomic factors, international affairs, and policy/politics

  • Must have strong attention to detail, ability to multi-task

  • Must work well in a collaborative team environment

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .

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