Wealth Management Sophomore Summer Analyst Program - Private Bank 2023

Please note the maximum number of applications that you can submit per recruitment season is 8.
You are only allowed to submit:
- 3 applications in total to U.S. and Canada programs
- 2 applications in total to APAC programs
- 2 applications in total to LATAM programs
- EMEA applicants are limited to 1 application per recruitment season
Once your application has been submitted, you will be unable to apply to any additional EMEA programs.

8260

U.S. and Canada
United States of America
California, Massachusetts, New York, North Carolina
Charlotte, NC, Los Angeles, CA, New York, NY, Washington, DC, Boston, MA
Private Bank Program
Summer internship
Sophomore Analyst

Job Description & Program Overview

Bank of America is committed to fostering an environment that promotes diverse talent and perspectives. Our Sophomore Analyst Program is an integral part of our commitment to equity and inclusion by hiring top campus talent from groups who have been historically underrepresented in financial services. While our goal is to increase hiring of underrepresented groups, all eligible students regardless of background are encouraged to apply.

Bank of America Private Bank is a leading wealth management organization providing vast resources and customized solutions to help meet clients' unique wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of sophisticated financial services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.

Bank of America Private Bank is the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. Bank of America Private Bank employs more than 4,100 professionals and maintains 135 offices in 34 states.

Our Wealth Management Summer Analyst Program is designed to offer you the opportunity to work in and learn about various groups within the Private Bank including Relationship Management, Trust & Wealth Structuring, and Investment Management. Our structured 10 week internship provides extensive on the job training, in addition to educational speaker events, coaching, mentorship and volunteer opportunities.


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

  • Managing the execution of client service activities such as initiating and monitoring account opening and asset transfers
  • Handling client inquiries, coordinating with specialists, and service centers to deliver an integrated service to the client
  • Servicing and account maintenance activities, which are primarily trust/fiduciary-related that include trust accounting transactions, deposits/transfers
  • Conducting research projects, on client accounts or to maintain department industry research and report information
  • Providing administrative coordination with trading, operations, and client service areas
  • Other relevant ad hoc projects as needed

Qualifications

Required:

  • Bachelor's degree student with a graduation date between December 2024 and June 2025
  • Demonstrated record of achievement, such as extracurricular activities or leadership roles
  • Finance knowledge
  • Excellent verbal and written communication skills
  • Analytical and critical thinking skills
  • Ability to work effectively within a team
  • Ability to think independently
  • Ability to work collaboratively
  • Strong time management skills and attention to detail

Preferred:

  • 3.2 minimum GPA
  • Technical skills such as Excel and PowerPoint

Bank of America is unable to consider candidates that will require visa sponsorship now, or in the future, for this specific role.


Travel: On needs basis

Full / Part-time: Fulltime

Hours Per Week: 40.00

Shift: 1st Shift

Pay and benefits information for the states of California, Colorado, Connecticut, Hawaii, Nevada, New York, Rhode Island and Washington, and for Jersey City, New Jersey.

This Program is closed to applications.