Global Capital Markets 2027, Summer Analyst (DCM, ECM, Leveraged Finance, and SSG)
London, United Kingdom
About Us
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognising and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
The team:
At Bank of America, our Global Capital Markets business comprises our Debt Capital Markets (DCM), Equity Capital Markets (ECM), Leveraged Finance (LevFin) and Sustainable Solutions Group (SSG) businesses. In all of these businesses we assist our clients in accessing and navigating the financial markets and provide tailored capital markets solutions to address a broad range of objectives. Across the three groups, our clients include investment grade and sub-investment grade corporates, financial institutions, private equity firms and sovereign, supranational and sovereign (SSA) issuers.
DCM products include bonds, loans, capital products, liability management and Foreign Exchange (FX) and rates solutions
ECM products include Initial Public Offerings (IPOs), accelerated book buildings, rights issues, convertible bonds and bespoke derivatives transactions
Leveraged Finance products include leveraged loans and high yield bonds to support acquisitions, leveraged buyouts, take-private, dividend recapitalisations and refinancings of existing sub-investment grade issuers and private equity portfolio companies
SSG advises clients on sustainability-related matters that influence financing, valuation and strategic decision-making. The team works closely with partners across Investment Banking, Debt Capital Markets and Equity Capital Markets to deliver sustainable finance solutions and insights that support clients' long-term objectives
Programme Overview
Our Capital Markets Summer Analyst programme is designed to offer you a broad and exciting experience working within one of these Global Capital Markets teams, whilst still benefiting from exposure to and connectivity with the other groups throughout the Summer Analyst programme. Applicants will have the opportunity to indicate a preference between DCM, ECM, LevFin or SSG. Following the selection process, successful candidates could be placed within either one of the 4 Capital Markets teams.
Training and Development
Your training and development is our top priority with extensive formal training offered at the start of the programme in addition to on-the-job support, educational speaker events and mentorship throughout.
Responsibilities:
As a summer analyst, your key tasks and responsibilities may include but are not limited to:
- Work alongside product specialists directly with our clients at top management level to create and deliver financing solutions.
- Develop a strong understanding of market fundamentals and be able to make market-informed contributions on a broad array of financing strategies that address clients' specific needs
- Design highly tailored presentations for clients to outline solutions to their financing needs (such as general corporate purpose, sustainable-themed and acquisition financings)
- Work on live transactions and interact with clients and professionals from across the bank as you build your network and experience
- Work closely with Investment Banking and Corporate Banking teams on client coverage and origination
- Develop a strong understanding of how investors integrate sustainability in their investment decisions
- Work with sales teams and traders in Global Markets to coordinate and manage live deal executions, and liaise with Global Research to stay informed on the latest market developments
Eligibility
- Candidates are required to be pursuing a Bachelor’s or Master’s degree from an accredited college or university with a completion time frame between June 2027 and July 2028. Completion means that you have completed all final exams, coursework, and have no outstanding requirements for graduation. Please note that we reserve the right to request evidence of this completion date before extending an offer.
- On track for a minimum 2:1 degree classification (or equivalent)
- Applications are accepted from a diverse range of degree disciplines such as the arts and humanities, as well as numerically focused subjects such as economics and mathematics
- Fluency in English is essential, proficiency in any European language would be highly desirable.
Candidates who perform well during the internship may be offered full time employment to commence in July 2028; some lines of business may also offer the opportunity of a January or April start date. You must be available to join on one of these start dates if offered, unfortunately we are unable to offer deferrals.
What we are looking for
Essential:
- Fluency in English is essential for all roles and the local language is required for regional roles.
- Applications are accepted from a diverse range of degree disciplines such as the arts and humanities, as well as numerically focused subjects such as economics, mathematics, science, and engineering. Preference for Leveraged Finance applicants with previous coursework or internship experience in finance.
- You will need to demonstrate drive, innovation, and a genuine interest in the financial markets
- Teamwork, leadership and problem-solving skills, plus creativity are key qualities, as is the ability to work in a fast-paced environment, multi-task and interact with a variety of people
- Displays analytical and problem-solving skills
Desired:
- Competent user of Microsoft Office (Word/Excel/PowerPoint/Outlook)
Our recruitment process
Analyst internship and full-time recruiting takes place on a rolling basis once our applications are open. Assessments often begin before the deadline, so it’s best to submit your application early as this will give you the best chance of being considered for the role.
We care deeply about shaping the world of work to be an equal and inclusive one – and that starts with our recruitment process. We know just how important and valuable it is to have a wide range of skills, backgrounds and experiences shaping our work and ideas. We welcome applicants from all backgrounds, and we’re proud to focus on attracting, retaining and developing diverse talent within Bank of America. Together, we aim to mirror the customers, clients and communities we serve.
We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, being pregnant or on maternity leave, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.
What if I need workplace adjustments?
We’re committed to ensuring our online application process provides an equal employment opportunity to all job seekers. If you need a workplace adjustment to search for a job opening, need help completing your application or video interview, please email juniortalentemea@bofa.com and let us know. We will be more than happy to discuss the support you need, and we will respond to your email within two business days.
We offer a competitive Salary and Benefits package.
