Guidelines For Analysts & Associates

Dealbreaker has an e-mail sent this week by a member of Bank of America's management team on the subject of analysts and associates, and how they are expected to operate.

We like the stuff about weekend work being restricted to only one day per weekend, and working after midnight should be limited to two days before important deadlines.

Here's the interesting bits:

'Associates / Analysts

- Work day starts at 9:00AM for everyone, exceptions can be granted based on advance explanatory email to team members and staffer.

- Please send an email to the staffer if you are at work past midnight.

Responsible: Staffer

- Any staffing requests received on Friday will be staffed out on Monday, unless specifically approved by me on an exception basis

- Weekend work for associates and analysts should be limited to one day, unless specifically approved by staffer on exception basis

- Work past midnight should be limited to 2 days prior to deadline for strategic pitches and live deals only (the "some dude" rule)

- Staffing update will be provided at each Monday morning meeting

Responsible: Officers

- All staffing requests should include details of project, work involved, timing and resources requested

- Size of books for pitches should not exceed 40 pages including appendix. Live deals can be an exception, but general objective of thin books should be kept in mind.

- Use conservative judgment in defining scope of presentation and analytics (keeping in mind workload vs. incremental benefit).

- Product groups (M&A, LevFin, CorpFin, etc.) to provide resources for any product-specific pitches/projects. Requesting officer should indicate to staffer who is/will be assigned from product side. Exceptions will require group head approval.

- Unless staffing requests are made through staffer, project work will not be counted in that junior person's workload for staffing purposes. Please route all work requests, however minor, through the staffer.

- When possible, please provide guidance to junior team members as far in advance of the meeting as possible to allow them to start the materials earlier'.

Source - Dealbreaker

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