Global Capital Markets, Summer Analyst (DCM, ECM & Leveraged Finance)
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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We are devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organisation.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
The team:
At Bank of America, our Global Capital Markets business comprises our Debt Capital Markets (DCM), Equity Capital Markets (ECM) and Leveraged Finance (LevFin) 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 FX and rates solutions
ECM products include private placements, IPOs, accelerated book buildings, rights issues, convertible bonds and derivatives
LevFin products include leveraged loans and high yield bonds to support acquisitions, leveraged buyouts, refinancings and recapitalizations of existing sub-investment grade issuers
Programme Overview
Our Capital Markets Summer Analyst program 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 or LevFin. Following the selection process, successful candidates could be placed within either one of the 3 Capital Markets teams.
Training and Development
Your training and development are 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 financing and acquisition financing)
- 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, and with ESG Advisory & Financing Solutions colleagues on a broad array of ESG-related topics and advising on ESG financing solutions
- 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 in their penultimate year of study pursuing a degree from an accredited college or university with a graduation timeframe between September 2025 and June 2026.
- Achieved minimum of 112 UCAS point (or equivalent) and on track for a minimum 2:1 degree classification (or equivalent)
- Must be available to join the programme from June 2025
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 MS 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 is 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 are 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 are 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 get back to you within two business days.
We offer a competitive Salary and Benefits package
