Equity Research - Analyst/ Associate - REITs

$110,000 - $175,000/Yr

47-4921463 BofA Securities, Inc. - New York, NY

Full-time - Entry Level

New York, NY

About the position

The Analyst/Associate position on the Bank of America equity research US REIT team focuses on residential REITs, with opportunities to expand coverage. The role involves working closely with Senior Analysts and other Junior Analysts to conduct financial modeling, valuation work, and produce industry and company reports. The candidate will develop a deep understanding of property sectors, engage with industry contacts, and contribute to client meetings and events.

Responsibilities

• Gain deep understanding of property sectors and REITs under coverage
• Perform financial modeling & valuation work
• Write regular industry and company reports and company launch initiations
• Demonstrate strong critical thinking skills and an interest in the market and stock picking
• Develop databases integral to our research product
• Demonstrate strong industry knowledge and business judgment
• Work with Senior Analysts to develop key industry themes
• Build relationships and facilitate information flow with contacts at covered companies
• Participate 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 to analyst when traveling
• Seek out new, value-added, and/or unusual sources of information
• Leverage our robust network of industry contacts
• Interact regularly with clients, institutional salesforce and REIT traders

Requirements

• Bachelor's Degree or equivalent years of experience
• 0-5 years working experience
• Interest in US commercial real estate
• Basic understanding of economics, macroeconomic factors and policy/politics
• Ability to thrive in a fast-paced and intense environment while maintaining a positive attitude
• Must work well in a collaborative team environment
• Interest in researching and writing in-depth industry/company reports
• Solid writing and spreadsheet skills
• Familiarity with coding/VBA preferred but not required
• Must enjoy working in industry databases and websites, and doing desktop and field research
• Excellent communication skills, written and verbal
• Strong attention to detail and organizational skills, and ability to multi-task

Nice-to-haves

• Major(s), Minor(s) and areas of academic excellence in Accounting, Economics and Finance (or a related major) preferred but not required

Benefits

• Industry-leading benefits
• Access to paid time off
• Resources and support for employees
• Discretionary incentive eligibility
• Annual discretionary award based on performance
• Competitive benefits to support physical, emotional, and financial well-being