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 Research Group with in GBAM Business, supports top rated Global Research Analysts and Strategists of BofA Securities on all aspects of markets, company and industry-specific in-depth research and analysis across regions and asset classes to provide clients with investment ideas and macro-overviews.

Job Description*

The candidate will work closely with US Electric Utilities team in New York and report to the BACI-Global Research manager in Mumbai. Responsibilities include tracking and analyzing data on various companies and industry segments within electric utilities, build/update proprietary valuation models and track global economic and market conditions.

Responsibilities*

Work closely with U.S. senior analyst in assembling/updating financial models on covered companies using SEC filings, company conference calls, and press releases.Conducting financial, statistical and industry analysis on companies and the industry to support the team’s investment thesis.Gathering data from publicly available sources; analyzing data on the industry and companies covered for insights.Researching sector trends that may impact company/sector recommendations; track relevant US macro news stories and provide support on idea generation and writing of strategy reports.Writing short notes and lengthy reports on covered companies and the industryWriting sections of coverage initiations & company conference call summariesAnalyze data in market research databases; seek out new, unusual sources of information to augment research capabilities.Manage full range of data inputs to regularly published franchise pieces (i.e., weekly, monthly reports); updating exhibits for these publications.

Requirements*

Education*

Education in MBA/CA or equivalent from reputed institutesCFA is a plus

Experience Range : Good to have at least 5-10 years of prior experience in Equity or Credit research role, buy side experience or investment banking experience.

Foundational skills*

Good to have at least 5-10 years of prior experience in Equity or Credit research role, buy side experience or investment banking experience.Along with Finance and Accounting, should have basic understanding of economics, macroeconomic factors, international affairs, and policy/politics.Experience in Power, Utilities & Clean Energy sectorsInterprets information and points of view and can act on this information.Strong interpersonal and communications skills; written and verbal.Must be an expert at MS Word and MS Excel (including nesting functions)Ability to build complex models using nested excel/Bloomberg/FactSet functions; build/maintain financial models including fixing for errors; use a wide range of market data sources especially Bloomberg/FactSet.Strong ability to write for business, particularly for the financial community.Ability to track and update data files used by the team and to automate processes where possible.Strong ability to understand complex concepts, find creative ways to analyze topics and write short/lengthy reports for the financial community.

Desired skills*

Familiarity with and interest in the US Equity MarketsFamiliarity with structure and content of SEC filings (10-K, 10-Q, etc.)

Work Timings*

10:30 AM to 7:30PM Monday to Friday

Job Location*

Mumbai/Hyderabad