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Analyst - GBS - R
- Bank of America (NC)
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Analyst - GBS - R
NA, North Carolina, United States
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Job Description:
About Us
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Global Business Services
Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations. Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation. In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.
Process Overview
Global Corporate and Investment Banking (GCIB) Coverage – Global Capital Markets (GCM)
The GCM team in co-ordination with its global counterparts, participates in origination and syndication of High Yield and High Grade Loans, Bonds Offerings, IPOs, Follow-ons etc. The Global Capital Markets business comprises our Debt Capital Markets (DCM) and Equity Capital Markets (ECM) businesses. It also includes the ESG advisory vertical - Sustainable Banking Solutions Group - which focuses on advising clients on strategies to successfully meet their sustainability goals including Net Zero and Carbon Neutrality and to provide integrated and innovative ESG-strategic solutions and transactions for our client.
The Global Capital Markets team helps companies and institutions access the debt and equity markets to raise capital to fund their business needs. The team specializes in advisory services as well as structuring and executing financing through a broad range of sophisticated equity and debt solutions.
Job Description
The candidate will have broader responsibilities of working on all desks in GCM and will need to be a Product expert. The candidate will support origination and syndication of instruments including providing financial and qualitative analysis as well as assistance in underwriting, committing, and closing transactions. The candidate will also support activities related to automating business processes for clients by collaborating with functional process owners and business process design teams to identify automation opportunities.
Responsibilities
+ Demonstrated hands-on experience in researching capital markets and producing live market commentary on segments of Debt Capital Markets
+ Executes complex requests like large pitch-books, industry analysis, modeling, memos
+ Demonstrated experience in helping bankers arrive at appropriate pricing by preparing Bond and Loan Comps, Debt analysis, Credit Agreement Analysis, Covenant Analysis etc.
+ Proficiently and proactively executes work requests
+ Assumes complete ownership of products to ensure accuracy in materials
+ Consistently demonstrates impeccable attention to detail
+ Demonstrates willingness to cross leverage and support other regions
+ Exhibits integrity and accountability
+ Experience in ability to handle LOB communication and effective execution of all types of projects
Requirements
+ **Experience Range** - 1+ years of relevant experience post MBA preferably in Debt Capital Markets
+ **Education:** MBA/CFA
Foundational skills
+ Strong Financial Modelling skills
+ Strong Finance Knowledge including understand Global companies’ filings and financials
+ Familiar with company filings and Capital Structure of the company
+ Ability to understand and infer various types of Debt’s characteristics (TLA, TLB, Notes, Revolver, Mezz., 2nd Lien, Green Bond, SLB, SLLs)
+ Advanced Microsoft Office, Dealogic and Bloomberg skills
+ Excellent verbal and written communication skills and effective interpersonal skills
+ Strong Finance Knowledge including experience with Bloomberg (Fixed Income)
Desired skills
+ Hands-on experience on Dealogic
+ Professional work experience in Project Finance or LBO Modelling
+ Credit Agreement Analysis including Liens, covenants, pricing grid, accordion, LC, bank group, security, ABL (borrowing base, access availability, cash dominion), swingline etc.
+ Bond pricing, yield, spread, duration calculations for periodical projects
+ Analyze debt ratios like leverage, FCCR, Capitalization etc.
+ Valuation (debt/equity) techniques
+ Familiarity with news and data vendors like Dealogic, LoanConnector, LCDComps, 9fin, Markit etc.
+ Hands-on experience of Alteryx/Tableau/VBA/Python
Work Timings
9:30 AM – 6:30 PM or 1:30 PM – 10:30 PM (Flexibility for working in shifts such as APAC, US or EMEA is a prerequisite)
Job Location
Mumbai
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, 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.
View your **"Know your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) "** poster.
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.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.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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