Subscription Finance Summer Analyst Program - 2024

Business Overview

We believe Bank of America can do more for our clients than any other financial services firm. We understand the challenges our clients face around the world, and we use the full resources of our company to help them achieve their goals. Our solutions span the complete range of advisory, capital raising, banking, treasury and liquidity, sales and trading, and research capabilities.

Our Global Markets business offers sales and trading services, including research, to institutional clients across fixed-income, credit, currency and commodity, and equity businesses. Global Markets product coverage includes securities and derivative products in both the primary and secondary markets.

Job Description & Program Overview

Our program includes formal training and direct placement in the Subscription Finance Group (SFG). Subscription Finance specifically provides funding/financing solutions to many of the world’s leading asset managers. As a summer analyst your responsibilities may include:

• Drafting client proposals, transaction summaries, due diligence summaries, credit approval reports and other documents as part of the transaction approval process
• Engaging with business partners and other members of the client team, as necessary, to facilitate various aspects of the transaction management process
• Participation in on-site client due diligence visits, as necessary
• Generation of detailed collateral analysis
• Monitoring and highlighting key performance trends related to the collateral, clients, and the industry
• Maintaining transaction pricing, return and cash flow models, as well as portfolio surveillance files
• Gain exposure providing financing to funds that invest in a broad range of asset classes such as real estate, private equity, and healthcare royalties

Qualifications

• Candidates are required to be pursuing a Bachelor’s degree from an accredited college or university with a graduation timeframe between December 2024 and June 2025
• 3.2 minimum GPA preferred
• Candidates must demonstrate a combination of academic aptitude, quantitative skills, strategic and creative thinking, and strong written and oral communications skills
• Superior analytical and organizational skills
• Ability to manage several projects at once
• Ability to work effectively as an individual and as part of a team
• Other desired characteristics include: integrity, attention to detail, assertiveness, initiative, leadership, strong work ethic, and team focus
• Strong interest in global financial markets and keen interest in complex structures are preferred
• Mathematics, engineering, statistics, or programming background a plus

Bank of America does not complete third party forms from colleges, universities, or other parties.

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.