Bank of America
work experience

Global Risk Summer 2025 Analyst

Job description

The Risk teams provide direct support to the lines of business and are responsible for establishing risk management policies, limits, standards, controls, metrics and thresholds within the defined corporate standards. They also set enterprise policies, programs and standards; assess program adherence; and provide enterprise level risk oversight, reporting and monitoring for systemic risk issues.

Programme overview

Global Risk Management is responsible for protecting the company through independent, objective oversight of risk, we effectively manage risk and reward for each of the company's major lines of business.

As a Summer analyst, you will be provided with the opportunity to work on various tasks necessary for the management of market, financial, compliance, operational enterprise risks and other types of risk. You will also have the opportunity to gain exposure to products traded across various markets including credit, interest rate, foreign exchange, equities, and commodities.

Responsibilities

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

  • Working with Risk Managers to manage the company's various risk exposures arising from its business operations in accordance with the Risk Framework
  • Supporting the lines of business to establish risk management policies, limits, standards, controls, metrics, and thresholds, within the defined corporate standards.
  • Developing emerging risk assessments, risk scenario analysis, and risk modeling where applicable
  • Managing specialist projects and processes related to risk management.
  • Providing training, assessing regulatory developments, and implementing policies
  • Promoting a culture across the company where risk management is embraced as vital to achieving responsible growth.

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 an undergraduate or postgraduate degree from an accredited college or university. Academic semester and all studies should be complete, 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 to August 2025.
  • Display clear motivation for exploring a Risk career within financial services.
  • Demonstrate intellectual curiosity, innovative and critical thinking, and strong problem-solving capabilities.
  • Display strong teamwork, leadership, and the ability to work in a fast-paced environment.
  • Commitment to achieving sustainable results through operational excellence.
  • Show demonstrable evidence of self-learning outside of studies, and efforts to advance technical skills.
  • Demonstrate effective, impactful communication and interpersonal skills through interacting with and influencing a variety of Stakeholders.
  • Fluency in written and spoken English.
  • Demonstrate integrity and ethics, earning other’s trust and respect through consistent honesty and professionalism in all interactions.

Desired

  • Exposure to and/or experience of research & data analysis
  • Exposure to and/or experience of engineering & process design
  • Proficiency in Excel, SAS, SQL or Python

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.

Click Apply to start your application now. This job will be available on Prospects until 25 October 2024

Don't forget to mention Prospects to employers when you contact them.

Closing date:  25 October 2024

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