Global Markets Credit (GMC) Summer 2025 Analyst - London

Global Markets Credit (GMC), Summer Analyst

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:

The GMC team’s role is to assess credit risk across various counterparty portfolios and structured trades, principally originated within the Global Markets franchise. This requires a strong understanding of the drivers of credit risk, counterparty strategy, deal structures and financial products. The team is responsible for managing the end-to-end credit process, from initial due diligence through to underwriting, approval, closing and monitoring.

Programme Overview

Our ten-week Summer Analyst programme is designed to offer you a comprehensive experience of life as a full-time credit analyst.  During your internship you will be aligned to one of the one of the portfolios in Global Markets Credit. You will spend your time on the desk completing actual deliverables and adding tangible value to the department.

Training and Development

Your training and development are our top priorities 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:

• Performing extensive qualitative and quantitative credit analysis to assess a counterparty’s credit risk
• Compiling detailed credit memos and risk rating scorecards for new and existing clients
• Presenting recommendations to senior colleagues in both written and verbal format
• Working on in-flight projects and initiatives to support the Enterprise Credit mandate

Eligibility

• Candidates are required to be pursuing an undergraduate 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 - August 2025

What we are looking for

Essential:

• Strong analytical skills and good attention to detail
• Effective written and verbal communication; fluency in English is essential
• An inquisitive nature and a keen interest in the financial markets/products

Desired:

• Proficiency in a language other than English (although not a requirement)
• A moderate level of proficiency in Excel and other programs within the Microsoft Office suite

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 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