Bank of America

Managing Director/Director - Capital Solutions


Pay$40.00 / hour
LocationNew York/New York
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: 25019742

      Job Description:

      At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

      Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

      Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

      At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

      Business Overview:

      We believe Bank of America Merrill Lynch can do more for our clients than any other financial services firm. We understand the challenges our clients face around the world, and we use the full resources of our company to help them achieve their goals. Our solutions span the complete range of advisory, capital raising, banking, treasury and liquidity, sales and trading, and research capabilities.

      The Capital Solutions group sits at the interface between GCIB clients, and the significant pool of capital held by Apollo / Blackstone / KKR and others. The group advises both corporate and financial clients on strategic transactions where private capital can provide bespoke solutions. The team originates and executes transactions across various industries and coordinates deal execution with industry groups and capital markets teams on a global basis. The group has recently announced 2 large, high-profile transactions, and is seeking to build out the team to develop new products and replicate the Investment Grade JVs executed.

      Job Description:

      Key tasks and responsibilities may include but are not limited to:

      • Leading the execution and supporting the origination of investment grade private credit transactions including Investment Grade JVs, private sell-sides, private placements etc.

      • Developing new products using knowledge of rating agency methodologies / accounting standards / balance sheet constraints / ABS or CLO structuring etc.

      • Overseeing the building and maintenance of complex financial/valuation models, including DCF, accretion/dilution, LBO, comparable trading, and transaction analyses.

      • Developing client relationships through deal execution and pitching, as appropriate.

      • Analyzing companies and industries and working directly with client management teams.

      • Preparing pitch books, selling memoranda and management presentations.

      • Developing client relationships through deal execution and pitching as well as communicating and interacting with internal coverage partners and product areas.

      • Managing several projects at once and working effectively as an individual and as a leader of a team, including managing associates and analysts.

      • Participating in the recruitment, development, and training of junior bankers (analysts, associates, summer analysts/associates, incoming classes).

      Desired Qualifications

      • 10+ years of experience in Investment Banking with a focus on either credit structuring or M&A at a top-tier firm.

      • Bachelor’s degree, or equivalent degree and/or work experience.

      • Formal training, or significant experience, as a structuring expert or accountant.

      • Demonstrate a combination of strong quantitative/analytical skills and understanding of accounting and valuation.

      • Track record of superior performance with an ability to manage deal teams.

      • Superior written and oral communications skills.

      • Assertiveness, initiative, strong work ethic, team focus.

      • Ability to learn quickly and take on new responsibilities.

      • Mastery of software applications.

      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

      $350,000.00 - $500,000.00 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.
  • About the company

      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.

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