Global Research Summer Analyst null

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 award-winning BofA Global Research organization supports the institutional sales and trading teams and their clients. Their expertise is at the core of the value delivered to investor clients. Their research analysts provide insightful, objective and decisive research designed to enable their clients to make informed investment decisions in six primary disciplines and Corporate Access:

• Global Equity Research: Provides institutional and retail clients with in-depth research analysis on more than 20 industries and conducts fundamental analysis on more than 3,000 companies in 50 countries.
• Global Credit Research: Provides analysis of corporations' creditworthiness and credit, cash and derivative markets and makes detailed, actionable investment recommendations to all types of institutional credit and credit derivative investors.
• Global Economics
• Global Investment Strategy
• Global Rates & Currencies Research
• Global Commodities Research

What you’ll do (Key Responsibilities):

As a summer analyst, your key tasks and responsibilities may include but are not limited to:

• Work closely with the team on various tasks including modelling/analysis, conducting primary research and attending internal/external client meetings.
• Have some responsibilities that are conducted regularly (daily, weekly, etc.) while others will be longer-term projects that will continue over the internship period.

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.

Summer Analysts are placed directly with a specific team throughout the internship. Group placement is determined by considering business needs and the interests/skills of the Summer Analyst.

Industry

• Autos, Industrials, Shipbuilding
• Energy
• Metals and Mining
• Semiconductor
• Small caps
• Telecom, Media and Technology
• Transportation
• Utilities
• Financial services
• Internet
• Entertainment and gaming
• Healthcare
• Macro and quantitative analysis

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

At the end of the program, you can be considered for full-time employment upon graduation. They promote personalized skill development with access to diverse education options, allowing individuals to align with organizational culture and values while fulfilling objectives. Opportunities for growth at Bank of America are facilitated through leadership models, mentor programs, and inclusive support, empowering individuals to make informed career decisions and succeed at various levels.

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 who is on track to receive a GPA of 3.5/4 or above (2.1 degree or above - UK system)
• Strong quantitative and analytical skills
• Effective verbal and written communication
• Comfortable with change and adjusting to changing demands and requirements
• A strong team player and client-focused
• Demonstrate energy and drive
• Creative thinking and problem-solving skills
• Demonstrates a keen interest in the business you are applying to
• 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