Global Corporate Banking Summer Analyst (Nov 2024)

About Bank of America

Bank of America, among the world's largest financial institutions, serves a diverse clientele with a full range of banking, investment, and risk management services. With approximately 56 million U.S. consumer and small business relationships, the company is a global leader in wealth management and corporate banking. Its broad offerings and extensive reach position Bank of America as a significant player in the global financial landscape.

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Your role

The Global Corporate Banking division serves a diverse corporate client base. They provide clients with a range of services fundamental to their business, including strategic and financing advice, restructuring and risk management solutions, as well as capital raisings from both the public markets and private sources. They serve clients through teams of professionals that bring together the full capabilities of the bank to satisfy one goal: helping clients succeed.

What you’ll do:

• Support and assist the bankers in managing their client portfolio’s client development, pitching and execution, and responding to client requests
• Assist in deal execution and follow-up assist in putting together internal memos and working through the KYC process for example produce and distribute internal documents for the team meeting minutes, market reports, weekly pipeline reports
• Perform various statistical and financial analyses
• Conduct comprehensive and in-depth company and industry research
• Prepare presentations and other materials for clients
• Learn from, and work with teams consisting of professionals from across the business, including senior corporate bankers within your group, product and support partners, and other colleagues from around the globe
• Have the opportunity to work on a project that requires analyzing a business opportunity for a client and presenting findings to bankers on how to expand that client's franchise

Training, development & rotations

The Summer program is a 10-week program designed to provide Summer Analysts with a unique opportunity to gain exposure to life at Bank of America and also make significant contributions to the team. The Summer Program begins with an orientation and induction to the firm. Summer Analysts are given a true associate experience, as assignments mirror full-time responsibility and include goal-setting and a formal review process.

Benefits

Bank of America is committed to supporting Summer Analysts and providing them with the following benefits:

• Access to the bank’s learning hub containing a variety of learning resources, ranging from banking fundamentals to communication skills
• Structured and on-the-job training
• Networking and social opportunities
• Speaker series with senior management across all lines of business
• Corporate Social Responsibility project/learning
• Involvement in Diversity and Inclusion training/events

Career progression

The company recognizes that supporting employee development is crucial for talent retention and business sustainability. To achieve this, they offer a variety of leadership-backed programs and learning resources catering to every stage of an employee's professional journey. This commitment reflects their understanding that employees are the most valuable asset, driving business growth and exceptional service to clients and communities.

Work-life balance

Bank of America prioritizes work-life balance by fostering personal connections among employees through clubs, networks, and various activities, contributing to a strong and inclusive workplace. The support for arts and cultural organizations grants employees premium access to museums and cultural events globally, promoting community engagement. Additionally, initiatives like Get Active! inspire employees to pursue a healthier lifestyle through team-based physical activity challenges, reinforcing a culture that values well-being and camaraderie.

Company culture

They are driven by a shared commitment to improving financial lives through meaningful connections. They emphasise responsible growth, prioritizing its global workforce's well-being through diversity, inclusivity, and competitive benefits supporting physical, emotional, and financial health. They foster a collaborative environment, providing career opportunities for individuals seeking personal and professional growth.

About you

What Bank of America is looking for:

• Penultimate year Undergraduate/Master’s student with outstanding academic achievement
• Strong quantitative and analytical skills
• Effective verbal and written communication
• Comfortable with change and able to adjust to changing demands and requirements
• A strong team player and client-focused
• Demonstrates energy and drive
• Creative thinking and problem-solving skills
• Fluency in English is essential, appropriate Asian language skills are also essential for some roles and countries

Source

The following sources were used in researching this page:

• careers.bankofamerica.com/en-us/benefits/career-growth
• careers.bankofamerica.com/en-us/benefits/part-of-the-package
• about.bankofamerica.com/en/working-here/employee-benefits
• careers.bankofamerica.com/en-us/culture/shared-interests