Rates and Currencies Origination Summer Analyst 2019

At Bank of America Merrill Lynch, we have one of the largest corporate client footprints in the U.S., and we are leaders in structuring interest rate and foreign exchange risk management solutions for these clients. Our Global Rates and Currencies team focuses on providing advisory and execution in the interest rate and foreign exchange markets, working closely with our product partners in Trading as well as our client coverage partners in Banking.

Our Summer Analysts gain exposure to a wide spectrum of clients as well as a variety of products such as FX spot and forwards, FX/interest rate swaps and options. The wide range of client profiles and market/product knowledge obtained through our program provide our Summer Analysts flexibility to explore the best fit for their skills and goals.

Analysts are active deal team members responsible for working closely with the senior marketers to source, pitch and execute various risk management transactions. Specific responsibilities include:

• Coordinating with our partners in Banking and Markets to source new trades and opportunities
• Communicating daily with Trading teams to price and structure various hedging strategies
• Preparing client pitch materials
• Preparing recommendations on timing, size and structure of transactions and managing derivative deal pipeline
• Analyzing risk in the context of cross-border M&A and other event-driven strategic transactions
• Performing comprehensive, in-depth research on FX and Rates markets, companies and market conditions
• Reading company financial statements to develop risk management solutions

Summer Projects

A major component and focus of the summer internship revolves around 2 projects that each intern presents to senior members of the GRC team. The first presentation is assigned at the beginning of the summer and due midsummer, which focuses on analysis of markets with a macro focus. The second project is assigned at midsummer and due at the end of the internship. This project involves a company-specific case study, and each intern has flexibility to add her/his own creative approach to provide an appropriate risk management solution for the client. These summer projects provide a framework that is conducive for our Summer Analysts to reach out and meet as many members of our teams as possible, working with associates from FX Sales, Rates Sales, Strategic FX and Strategic Risk Management Solutions.

Qualifications

• Candidates are required to be pursuing a BA/BS degree from an accredited college or university with a graduation timeframe between December 2019 and June 2020
• Must demonstrate a track record of superior performance in extracurricular and professional activitie
• Must have a combination of strong quantitative/analytical skills and attention to detail
• Strategic and creative thinking; distinguished written and oral communications skills
• Assertiveness, initiative, leadership, strong work ethic, team focus
• Ability to learn quickly and take on new responsibilities
• Dedication to building a career in the finance industry
• Excel and PowerPoint skills strongly recommended