Job description
The fundamental role of the GCIB Credit EMEA team is to assess a counterparty’s credit risk, which requires a deep understanding of a company's industry, competitive position, strategy, and financial performance. The team is responsible for managing the end-to-end credit process, from initial due diligence through to structuring, underwriting, negotiation, 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 Corporate, Financial Institution or Leveraged Finance credit teams, and will spend your time on the desk completing actual deliverables and adding tangible value to the department.
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
Training and development
Your training and development is our top priority with extensive formal training offered at the start of the program in addition to on-the-job support, events and mentorship throughout.
What we are looking for
- 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
- Candidates are required to be pursuing a BA/BS degree from an accredited college or university with a graduation timeframe between September 2025 and June 2026
- Must be available to join the programme from June - August 2025
- Achieved minimum of 112 UCAS point (or equivalent) and on track for a minimum 2:1 degree classification (or equivalent)
- 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
Desired
- Proficiency in a language other than English (although not a requirement)
- A moderate level of proficiency in Excel and other programmes within the Microsoft Office suite
Accepted degree subjects
Any
Additional job details
- Location
- London
- Salary
- Competitive salary
- Contract, dates and working times
Full-time
How to apply
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.
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 be more than happy to discuss the support you need, and we will respond to your email within two business days.
Click Apply to start your application now. This job will be available on Prospects until 25 October 2024
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Closing date: 25 October 2024