Analyst/ Associate – Equity Research , REITs

Bank of America•New York, NY

1d•$110,000 - $175,000•Onsite

About The Position

Bank of America is hiring an Analyst or Associate for its top-ranked U.S. Equity Research REIT team, with an initial focus on office and net lease REITs. The role works alongside the Senior Analyst and other Junior Analysts to build expertise in covered property sectors and REITs, produce research and valuation work, and support the team’s research product and client engagement. The position is based at Bank of America Tower in New York, New York, and is part of the company’s in-office culture, with role-specific flexibility based on business needs. The role is a first-shift position with a 40-hour workweek. The position offers an annualized salary range of $110,000 to $175,000, with offers determined by experience, education, and skill set. It is eligible for an annual discretionary incentive award based on individual performance and behaviors, line-of-business or group performance, and overall company success. The position is benefits eligible and includes access to paid time off.

Requirements

Bachelor’s degree or equivalent years of experience.
0–3 years of working experience.
Interest in U.S. commercial real estate.
Finance and accounting knowledge, including modeling skills, and a basic understanding of economics, macroeconomic factors, and policy/politics.
Ability to thrive in a fast-paced and intense environment while maintaining a positive attitude.
Ability to work well in a collaborative team environment.
Interest in researching and writing in-depth industry and company reports.
Solid writing and spreadsheet skills.
Enjoy working with industry databases and websites and conducting desktop and field research.
Excellent written and verbal communication skills.
Strong attention to detail and organizational skills, with the ability to multitask.

Nice To Haves

Majors, minors, or areas of academic excellence in Accounting, Economics, Finance, or a related major.

Responsibilities

Develop a deep understanding of property sectors and REITs under coverage.
Perform financial modeling and valuation work.
Write regular industry and company reports, including initiations.
Develop databases integral to the research product.
Work with Senior Analysts to develop key industry themes.
Build relationships and facilitate information flow with contacts at covered companies and industry contacts.
Participate in and contribute to client meetings and events, including property tours with investors, companies, and industry contacts.
Attend meetings and interact with key opinion leaders.
Closely follow and understand market, industry, and company-specific activity, and relay information to the analyst when traveling.
Seek out new, value-added, and/or unusual sources of information and leverage the team's industry contact network.
Interact regularly with clients, the institutional salesforce, and REIT traders.