Associate, Corporate Banking - Subsidiaries (Korean fluency)

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

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

Job Description:

We are looking for an experienced Corporate Banking Associate.  As an active team member, this individual would assist coverage bankers in the delivery of the full breadth of products and services to clients and prospects. This role will provide the successful candidate with the opportunity for exposure to some of the largest and most advanced global companies.  This role encompasses the following responsibilities:

• Perform various financial analyses, including merger/acquisition analysis, capital structure analysis and assessment of credit quality.
• Develop and maintain complex financial models that are used in the preparation of client materials and internal approval memos. This includes a very robust understanding of integrated M&A and cash flow financing Excel modelling.
• Review credit agreements and indentures to analyze covenants, baskets and other relevant restrictions.
• Expected to develop expertise in the industries that he/she covers and conduct in-depth company research.
• Be able to navigate and lead internal processes.
• Assist with the execution of various financial transactions, whether capital markets, credit facilities or transactional services.
• Communicate and interact with both core and extended client team members from various product groups to build comprehensive client presentations and ensure seamless client delivery.
• Participate in client meetings, portfolio planning sessions and product partner meetings and be able to identify cross-sell opportunities.

Required Skills & Qualifications

• Cultural & Linguistic Fluency: Native or professional proficiency in Korean language is required to facilitate seamless communication with parent-company headquarters and U.S. subsidiary leadership.
• Must have several years of relevant work experience in financial services (i.e. banking, capital markets, enterprise credit, commercial banking, etc.)
• Bachelor’s degree with outstanding academic qualifications, MBA preferred.
• Must have a combination of strong quantitative/analytical skills, attention to detail and client focus.
• Strategic and creative thinking; distinguished written and verbal communications skills.
• Must be able to build and modulate integrated/dynamic Excel financial models as well as modelling of complex capital structures. This is a critical skill of the Associate role.
• Strong understanding of accounting fundamentals and how they are applied in the context of Excel modelling.
• Assertiveness, initiative, leadership, strong work ethic.

• Required to manage multiple projects at the same time and work effectively both individually and as part of a team.
• Ability to learn quickly and take on new responsibilities.
• Dedication to building a career in corporate banking.

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

$175,000.00 - $225,000.00 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.