Global Corporate & Investment Banking
Apply by NOVEMBER 05, 2023
What you’ll do
Leveraged Finance Off-Cycle Analyst Internship Programme
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!
Leveraged Finance, as part of the broad Global Capital Markets division, involves structuring and arranging loans and debt securities for companies with non-investment grade credit ratings to support acquisitions, leveraged buyouts and recapitalizations. Our Leveraged Finance team works closely with large corporate companies and Private Equity firms to navigate Leveraged Finance market, ensuring the seamless integration of financing strategies and the achievement of our clients’ strategic objectives.
As an Off-Cycle Analyst in our Leveraged Finance team, you will have the opportunity to gain hands-on experience in financial analysis, credit assessment and deal execution. You will work closely with senior team members and collaborate with sector teams to support in conducting due diligence, preparing financial models and investment committee memos, analyzing companies’ capital structure, and contributing to the overall success of financing transactions. You will also develop a strong understanding of market fundamentals and learn how to structure, model, negotiate and manage complex and fast-paced financing processes.
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.
As an Off-Cycle Analyst, your key tasks and responsibilities may include but are not limited to:
What we are looking for
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 dependents, 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 firstname.lastname@example.org and let us know. We will get back to you within two business days.
We offer a competitive Salary and Benefits package
Bank of America is one of the world’s largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world’s leading wealth management companies and is a global leader in corporate and investment banking and trading.