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. Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice 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! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe. Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency

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 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.

What This Job Offers

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