Bank of America

Associate: Credit Research, ABS

Bank of America  •  $110k - $175k/yr  •  New York (Onsite)  •  2 days ago
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Job Description

We are seeking an ABS Research Analyst to join BofA’s highly ranked Securitized Products Research team. The role offers the opportunity to contribute to a group known for analytical depth, rigorous credit work, and strong engagement with institutional investors and internal partners across sales, trading, and banking. The analyst will gain hands‑on experience with ABS data, market trends, deal performance, and sector commentary across auto, credit card, consumer loan, student loan, equipment, and esoteric ABS subsectors.

Key Responsibilities:

Sector & Market Research

  • Conduct detailed research across consumer and commercial ABS sectors, analyzing credit performance, deal structures, collateral attributes, macro drivers, and issuer behavior.
  • Track monthly remittance data, borrower performance, new‑issuance activity, and secondary‑market spread movements.
  • Identify emerging themes, risks, and opportunities that shape sector‑ and deal‑level views.
  • Contribute to weekly, monthly, and quarterly ABS research publications.

Quantitative & Data Analytics

  • Maintain and enhance internal databases, models, and analytical frameworks.
  • Use SQL, Excel, Python, or similar tools to analyze collateral trends, cash‑flow behavior, credit enhancement, and relative‑value metrics.
  • Perform scenario analyses and stress tests to assess deal sensitivity in varying market environments.

Client & Internal Engagement

  • Prepare presentation and marketing materials for senior team members and client meetings.
  • Participate in client discussions to communicate sector views and respond to inquiries on data, analytics, and market developments.
  • Build strong working relationships across research, trading, sales, risk, and banking teams to support cross‑functional information flow.

Qualifications:

  • Bachelor’s degree or equivalent experience; backgrounds in Economics, Finance, Statistics, Math, Computer Science, or Engineering are a plus but not required.
  • Strong analytical and quantitative skills, with experience in SQL, Excel, or similar data‑processing tools.
  • Excellent written and verbal communication skills, with the ability to clearly articulate complex topics.
  • Exceptional attention to detail and a strong commitment to quality control.
  • Ability to manage multiple priorities and meet deadlines in a fast‑paced, market‑driven environment.
  • Self‑starter with a collaborative mindset; adaptable and eager to learn from evolving market dynamics.

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 informationPay range$110,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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

About Bank of America

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading.

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Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Charlotte, NC
Year Founded
Unknown
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