Analyst / Associate – Equity Research (Utilities & Renewable Energy)

Bank of America • New York, NY

2d • $70,000 - $175,000

About The Position

Team Overview: We are seeking a talented Analyst/Associate to join our top-ranked Utilities & Renewable Energy Equity Research franchise, which currently covers 49 stocks across regulated utilities, power generation, and the energy transition landscape. The team is consistently recognized by clients for the depth, quality, and insight of its research and maintains an extensive network of industry, regulatory, and company contacts. This role offers meaningful responsibility, visibility with clients, and a defined path for growth within a collaborative, high-performance research platform. Key Responsibilities: Research & Financial Analysis Build and maintain complex financial and valuation models (3‑statement, DCF, relative valuation) Support coverage across 49 stocks within utilities, power, and renewable energy Perform detailed company, industry, and regulatory analysis Monitor market, policy, and company-specific developments and communicate insights to the team Writing & Publication Author company-specific notes, earnings updates, and industry reports Assist with and lead company initiations from scratch as responsibilities grow Contribute to the development of investment theses, catalysts, and variant views Industry & Company Engagement Build relationships with IR contacts, corporate management teams, and industry experts. Attend company meetings, conferences, site visits, and expert calls Seek out non‑traditional and differentiated sources of information to enhance research Client Interaction Participate in client meetings, calls, and events Clearly articulate investment views and industry themes Support the franchise’s profile as a top-ranked research provider Qualifications: Bachelor’s degree (Finance, Accounting, Economics, Engineering, or related field preferred) or equivalent years of experience 1–3 years of relevant experience in: Equity research (buy-side or sell-side), or Investment banking with a focus on utilities, power, or renewable energy Demonstrated financial modeling and valuation expertise Strong modeling skills and attention to detail Advanced proficiency in MS Excel and MS Word Excellent communication skills—written and verbal Ability to thrive in a fast‑paced, high‑expectation environment Collaborative, intellectually curious, and highly motivated Growth & Development Opportunities: Immediate exposure to a large, diverse 49‑stock coverage universe Increasing analytical and writing responsibility over time Direct interaction with senior management teams and institutional clients Clear progression path within a well-established, top-performing research franchise Opportunity to develop a personal investment voice and industry specialization Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100) Pay and benefits information Pay range $70,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity. Getting started Regardless of the position you are interested in, the starting points to building your resume are the same: 1. Determine the job or types of jobs you want to do and research their responsibilities and qualifications. 2. Think about why you can do the job and make a list of your skills that are relative to the job. 3. Identify experiences or accomplishments that show your proficiency in the skills required for the job. 4. Summarize your abilities, accomplishments and skills into a brief, concise document. Considerations when writing a resume • Do be brief. Resumes should be 1-2 pages in length. • Do be upbeat and active in your wording. • Do emphasize what you have done clearly and concretely. • Do be neat and well organized. • Do have others proofread and critique your resume. Spell check. Make it error free. • Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible. • Don't be dishonest, always tell the truth about yourself in the most flattering light. • Don't include salary history or requirements. • Don't include references. • Don't include accomplishments that do not support your professional goals. • Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.) • Don't use italics, underlining, shadows or other fancy treatments. Seven steps to a successful interview 1. Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview? 2. Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available? 3. Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight. 4. Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down. 5. Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks. 6. Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease. 7. Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage. Pay Transparency - https://careers.bankofamerica.com/en-us/pay-transparency Privacy Statement - https://careers.bankofamerica.com/en-us/privacy-notice

Requirements

• Bachelor’s degree (Finance, Accounting, Economics, Engineering, or related field preferred) or equivalent years of experience
• 1–3 years of relevant experience in: Equity research (buy-side or sell-side), or Investment banking with a focus on utilities, power, or renewable energy
• Demonstrated financial modeling and valuation expertise
• Strong modeling skills and attention to detail
• Advanced proficiency in MS Excel and MS Word
• Excellent communication skills—written and verbal
• Ability to thrive in a fast‑paced, high‑expectation environment
• Collaborative, intellectually curious, and highly motivated

Responsibilities

• Build and maintain complex financial and valuation models (3‑statement, DCF, relative valuation)
• Support coverage across 49 stocks within utilities, power, and renewable energy
• Perform detailed company, industry, and regulatory analysis
• Monitor market, policy, and company-specific developments and communicate insights to the team
• Author company-specific notes, earnings updates, and industry reports
• Assist with and lead company initiations from scratch as responsibilities grow
• Contribute to the development of investment theses, catalysts, and variant views
• Build relationships with IR contacts, corporate management teams, and industry experts.
• Attend company meetings, conferences, site visits, and expert calls
• Seek out non‑traditional and differentiated sources of information to enhance research
• Participate in client meetings, calls, and events
• Clearly articulate investment views and industry themes
• Support the franchise’s profile as a top-ranked research provider

Benefits

• This role is eligible to participate in the annual discretionary plan.
• Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
• This role is currently benefits eligible.
• We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
• Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees