Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.
We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions.
Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.
* BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.
Knowledge Service Center (KSC) supports global businesses of the Bank with solutions requiring judgment application, sound business understanding and analytical perspective. The domain experience in the areas of Financial Research & Analysis, Quantitative Modeling, Risk Management and Prospecting Support provide solutions for revenue enhancement, risk mitigation and cost optimization. The division comprising of highly qualified associates operates from three locations i.e, Mumbai, Gurgaon & Hyderabad.
Global Credit and Special Situations (GCSS)trades and positions distressed and special situations in the following product areas: distressed debt (loans, bonds, mezzanine and subordinated debt); distressed structured products; DIP and rescue financings; hard asset financings; non-performing loan portfolios; public and private equity; and vendor claims.
Job Description (Overview of Role)
This role requires to prepare detailed financial analysis on various companies inclusive of macro analysis, industry specific trends, competitive analysis, relative value comparisons, etc. and present the analysis in a coherent memo to identify investment opportunities. The role requires a thorough knowledge of accounting, financial analysis and modeling as well as intellectual curiosity, effective time management, attention to detail, clear presentation and communication skills. The role requires working with APAC GCSS groups and the candidate will be expected to overlap with HK time most of the time.
Performing comprehensive analysis on special situations to support trading and positioning
Analysis focusing on detailed corporate going concern, liquidation and recovery valuations; restructuring and bankruptcy analysis; and credit arbitrage strategy
Conducting sophisticated financial analysis and ability to value both debt and equity securities
Industry and comparable company research
Good research and data-mining methodology for relevant information gathering
Memo preparation and presentation
Assisting team in ad-hoc projects
Ensuring timetables are met, deliverables are executed properly and internal processes are covered
Education: MBA with Engineering from reputed institutes (Business, Finance, Economics concentration preferred)
CFA/FRM degree will be preferred
Experience: 2-3 yrs
Strong quantitative and analytical skills
Has high-level financial modeling and analytical skills, ability to read and interpret financial reports and indenture agreements preferably within Asian market
Ability to apply advanced oral and written communication skills to create a positive impression and professional rapport
Ability to perform at high levels under the pressure of a highly demanding work load
Ability to maintain composure and confidence while dealing with conflicting priorities
Speaking / presentation skills in a professional setting
Knowledge of Bloomberg / Factset
Location:Mumbai - Malad Prisim
Shift timing:8/9am to 5/6pm