Investment Banking Consumer & Retail, Associate / Vice President

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.

Bank of America’s EMEA Consumer & Retail Investment Banking team, based in London, is looking for a strong and experienced Associate / Vice President to join the team. The EMEA Consumer & Retail team covers a large number of well‑known clients on both strategic and financial matters across:

• Consumer (e.g. Beverage, Food, Home & Personal Care, Tobacco etc.)
• Retail (e.g. Apparel & Luxury, Food Retail, Specialty Retail, Foodservice & Restaurants, etc.)

The team has also been steadily increasing coverage of disruptive companies across both digital commerce and fast‑growing food and beverage brands and technologies. We hold leading positions, both globally and in EMEA, resulting in good exposure to interesting companies and live transaction execution.

As an Associate / Vice President in the team, you will participate in the full cycle of coverage and transaction execution including idea generation and will cover all traditional Investment Banking products (M&A, Debt, Equity). Globally, we collaborate with 90+ Consumer & Retail professionals in New York, London, Hong Kong, Tokyo, Singapore, Sydney and Sao Paulo.

Key competencies in the candidate would include great attitude/work ethic, strong technical and financial modelling capabilities, sector knowledge/interest, ability to work independently with limited guidance, leadership and teamwork and strong communication skills.

Responsibilities

• Formulate and develop client pitch‑books and analysis to support our client coverage activities
• Lead workstreams on various live transactions (e.g. M&A, IPO, etc.) including drafting marketing materials, building financial models, coordination of due diligence, etc.
• Detailed operational and financial analysis of companies, including comparable company trading analysis and transaction analysis
• Build detailed financial models (operating models, merger models, DCF, LBO, etc.)
• Research on companies and industries and support on client initiatives including generating and developing new M&A ideas
• Assume responsibility for monitoring targeted clients in terms of newsflow and announcements
• Build direct cross‑functional relationships with bankers in product and regional business units

Vice President Level Day‑to‑Day Role

• Play a key role supporting origination and deal execution, working on a broad scope of assignments and products within the Consumer & Retail industry
• Expected to make an immediate contribution
• Support senior bankers in day‑to‑day client coverage
• Play a leadership role in the execution of M&A transactions and equity and debt financings
• Help formulate and develop client pitch‑books and analysis to support our client coverage activities
• Mentor and train junior team members
• Lead client coverage for smaller accounts

What We Are Looking For In An Associate

• Self‑motivated and driven
• Proven financial analysis and modelling skills
• High attention to detail and diligence
• Display analytical and problem‑solving skills, as well as financial and commercial acumen
• Strong interpersonal communication skills
• Capable of working effectively both independently and with multiple teams and individuals
• Fluency in English is essential and a second European language a plus

What We Are Looking For In a Vice President

• Requisite years of Investment Banking experience, ideally also including Consumer & Retail experience
• Professional maturity and experience to interact directly with client and drive origination and execution
• Self‑motivated and driven
• Proven financial analysis and modelling skills
• High attention to detail and diligence
• Display analytical and problem‑solving skills, as well as financial and commercial acumen
• Strong interpersonal communication skills
• Capable of working effectively both independently and with multiple teams and individuals
• Fluency in English is essential and a second European language a plus

Conduct

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind‑set are the cornerstones of our Code of Conduct and are at the heart of managing risk well. We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio‑economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience. We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.