Full-Time

Vice President; Investment Banker

Posted on 11/19/2024

Bank of America

Bank of America

10,001+ employees

Provides banking, investment, and asset management services

Fintech
Financial Services

Compensation Overview

$275kAnnually

+ Discretionary Incentive Plan

Senior

Palo Alto, CA, USA

Remote work may be permitted within a commutable distance from the worksite.

Category
Investment Banking
Finance & Banking
Required Skills
Financial analysis
Requirements
  • Master's degree or equivalent in Business Administration, Finance, Economics, or related; and
  • 3 years of experience in the job offered or a related finance occupation.
  • Must include 3 years of experience in each of the following:
  • Completing global bank/bulge bracket investment banking transactions within technology sector;
  • Preparing financial analysis for companies globally, including detailed valuation analysis, LBO analysis, discounted cash flow, accretion and dilution, M&A transaction pro forma analysis, comparative company analysis, and sum of the parts analysis;
  • Conducting due diligence and preparing materials for clients in connection with M&A transactions, equity, and debt offerings;
  • Preparing client presentation materials, internal approval memos, and marketing documents including roadshow materials, confidential information memorandums, and rating agency presentations to execute transactions;
  • Conducting research using FactSet, Capital IQ, Bloomberg, and PitchBook to analyze market data and competitive dynamics; and,
  • Reviewing engagement letters, confidential agreements, and other documents related to investment banking transactions.
  • In the alternative, the employer will accept a Bachelor’s degree and 5 years of progressively responsible experience.
  • Up to 25% domestic and international travel, as necessary.
Responsibilities
  • Support the origination and execution of investment banking transaction mandates for large-cap corporate clients in the software and internet sector including buy and sell-side M&A, crossborder transactions, and capital markets processes, including debt and equity offerings.
  • Prepare materials for clients and participate in client meetings during the course of investment banking deal origination and execution.
  • Lead due diligence processes for investment banking transactions, including buy and sell-side M&A, cross-border transactions, and capital markets processes, including debt and equity offerings.
  • Coordinate with analysts, associates, and other deal team members on client coverage, origination, and transaction execution.
  • Draft and negotiate engagement letters, confidentiality agreements, and other documents related to investment banking transactions.
  • Attend and oversee client meetings with prospective buyers in sell-side M&A processes, including management presentations and due diligence.
  • Supporting internal transaction and capital commitment committee processes such as Fairness Committee, Equity Commitment Committee, and Leveraged Finance Committee.
  • Prepare industry analysis for clients to support their strategic positioning and help them explore strategic alternatives.
  • Complete global bank/bulge bracket investment banking transactions within technology sector.
  • Prepare financial analysis for companies globally, including detailed valuation analysis, LBO analysis, discounted cash flow, accretion and dilution, M&A transaction pro forma analysis, comparative company analysis, and sum of the parts analysis.
  • Conduct due diligence and prepare materials for clients in connection with M&A transactions, equity, and debt offerings.
  • Prepare client presentation materials, internal approval memos, and marketing documents including roadshow materials, confidential information memorandums, and rating agency presentations to execute transactions.
  • Conduct research using FactSet, Capital IQ, Bloomberg, and PitchBook to analyze market data and competitive dynamics.
  • Review engagement letters, confidential agreements, and other documents related to investment banking transactions.

Bank of America provides a wide range of financial services to individuals, small and medium-sized businesses, and large corporations. Their offerings include banking, investing, asset management, and risk management products. The company serves around 56 million consumer and small business clients in the U.S. and is recognized as a leading wealth management firm. Additionally, Bank of America is a major player in corporate and investment banking, as well as trading. What sets Bank of America apart from its competitors is its extensive client base and comprehensive service offerings that cater to various financial needs. The company's goal is to help clients achieve their financial objectives while managing their investments and risks effectively.

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at Bank of America offers exposure to a diverse range of financial products and services, enhancing career development opportunities.
  • The bank's leadership in wealth management and investment banking provides employees with the chance to work on high-impact projects and deals.
  • Bank of America's global presence and strong market position offer stability and growth potential for employees.

What critics are saying

  • The highly competitive nature of the financial services industry requires Bank of America to continuously innovate to maintain its market position.
  • Regulatory changes and economic fluctuations can impact the bank's operations and profitability, posing challenges for employees.

What makes Bank of America unique

  • Bank of America stands out as a global leader in corporate and investment banking, offering a comprehensive suite of financial services that cater to a wide range of clients from individuals to large corporations.
  • The bank's extensive network and relationships with approximately 56 million U.S. consumer and small business clients provide a significant competitive edge in the financial services industry.
  • Bank of America's involvement in high-profile credit facilities, such as Uber's $5B revolving credit, showcases its capability to handle large-scale financial transactions.

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