What you'll do

Job Description & Program Overview

Public Finance Investment Banking group is headquartered in New York with multiple regional offices. The firm has been ranked #1 in the municipal market for six years. Public Finance provides financing solutions to state and local governmental and not-for-profit clients through the issuance of municipal bonds.Typically issued as tax-exempt debt, Clients include states, counties, cities, school districts, higher education institutions, public utilities, public transportation agencies, not-for-profit health care systems and hospitals, state affiliated and not-for-profit student loan and housing agencies, cultural organizations and developers.

As an active team member in Public Finance, analysts assist bankers in capital raising and strategic advisory transactions for governmental, not-for-profit and/or developer clients. As an analyst, your responsibilities may include:

• Developing and maintaining financial cash flow models, using industry standard software
• Supporting various financial analyses, including bond structuring
• Performing comprehensive and in-depth client and credit research
• Preparing presentation and other materials for clients
• Communicating and interacting with team members, including underwriting, sales & trading teams, to execute transactions specifically in relation to structuring and marketing.

Qualifications

• Candidates are required to be pursuing a Bachelor ’ s degree from an accredited college or university with a graduation timeframe between May and June 2024
• 3.3 minimum GPA preferred
• A strong interest in finance and the public sector
• Candidates must demonstrate a combination of academic aptitude, quantitative and organizational skills, strategic and creative thinking, and strong written and oral communications skills
• Ability to manage several projects at once and work both independently and in a team
• Other desired characteristics include: integrity, attention to detail, assertiveness, initiative, leadership, strong work ethic and team focus

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.