Bank Of America Associate/Analyst – Leveraged Finance Credit 

United States, New York, New York 

563412788

Job Responsibilities:

• Work as part of deal teams involving leveraged finance credit, investment banking, and capital markets to underwrite non-investment grade acquisition financing transactions
• Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
• Reviews financial statements
• Assists in the underwriting and credit risk analysis of new transactions or existing transactions, while adhering to all relevant policies and procedures
• Builds projection models based on historical performance, industry forecasts, and other due diligence findings
• Trains, coaches, and mentors Credit Analysts
• Evaluate, analyze and assess corporate mergers, acquisitions and leveraged buyout transactions
• Review and analyze underwriting materials, such as: financial statements, presentations, projections, Quality of Earnings, Credit Ratings and other third-party reports
• Acquire understanding of new businesses and industries in a short period of time
• Identify and define key credit risks and weigh them against relevant mitigants
• Conduct due diligence with clients
• Present analysis of risks and associated mitigants to senior leaders in credit approval committees
• Contribute to and create approval documents for the initial acquisition finance underwriting
• Other projects as assigned, such as: reports synthesizing risk exposure statistics, market data over time, and reports on recently announced transactions

Required Qualifications:

• 1+ year experience working in investment banking or capital markets
• Financial analysis of public, private and non-traditional financial statements, presentations and projections
• Business acumen to identify key credit risks and variables to sensitize and diligence with the client
• Financial forecasting and modeling
• Analytical thinking and attention to detail to challenge client forecasting assumptions and identify credit concerns
• Advanced decision making for underwriting and stress case modeling
• Written communication to succinctly explain and document the various assumptions made in the model by the client and EC as well as analysis of quarterly financial performance

Desired Qualifications:

• Bachelor's Degree in finance, accounting or another related field
• 2 years’ experience or MBA for Associate level role

Skills:

• Analytical Thinking
• Financial Analysis
• Financial Forecasting and Modeling
• Profitability Analysis
• Research Analysis
• Attention to Detail
• Business Acumen
• Credit and Risk Assessment
• Underwriting
• Written Communications
• Collaboration
• Critical Thinking
• Portfolio Analysis
• Prioritization
• Technical Documentation

1st shift (United States of America)