At a Glance
- Tasks: Assist in managing relationships and executing financial strategies for global clients.
- Company: Join Bank of America, a leader in financial services with a commitment to inclusivity.
- Benefits: Enjoy competitive salary, extensive training, and opportunities for career growth.
- Other info: Potential for full-time roles post-internship; apply early for the best chance!
- Why this job: Gain hands-on experience in corporate banking while making impactful connections.
- Qualifications: Pursuing a degree with a minimum 2:1 classification; diverse backgrounds welcome.
The predicted salary is between 22500 - 27500 £ per year.
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
The team:
Global Corporate Banking is focused on relationship management of global, large cap global corporate and financial institution clients, managing the day-to-day relationship as well as origination of new business with specific responsibility for delivering financing, treasury and risk management advice and execution to our clients globally. Our Summer Analyst programme is designed to offer you a broad and exciting experience of what it is like to work as a full-time Corporate Banking analyst. During the summer you will be pooled across the three London Corporate Banking teams (UK & Ireland Corporate Coverage, Financial Institutions Coverage and Global Subsidiary Coverage), working across a diverse range of industries and products.
Training and Development
Your training and development is 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.
Responsibilities:
- Assist Global Corporate Banking professionals in relationship management, origination, and execution across a diverse set of product areas (including Loan & Bond financing, Foreign Exchange (FX) and Interest Rate Derivatives, and Cash Management).
- Gain an in-depth understanding of our clients, the industries in which they operate and how the bank helps support both their growth aspirations and day-to-day banking requirements.
- Provide market-informed judgments on a broad array of financing strategies to address clients' specific needs.
- Help prepare detailed financial models and analytical presentations to provide advice across the capital structure.
- Become proficient at credit analysis and the various metrics used to price and structure various debt instruments.
- Gain familiarity with the legal and documentation aspects of various debt instruments.
- Work on live transactions and interact with clients as you build your network and experience.
- Help to generate ideas and cross selling opportunities for new and existing clients.
- Assist in the development of client specific analysis (e.g., capital structure, acquisition finance).
- Work closely with Investment Banking, Capital Markets and Global Transaction Services teams on client coverage and origination.
Candidates are required to be pursuing a Bachelor’s or Master’s degree from an accredited college or university with a completion time frame between June 2027 and July 2028. Completion means that you have completed all final exams, coursework, and have no outstanding requirements for graduation. Please note that we reserve the right to request evidence of this completion date before extending an offer.
On track for a minimum 2:1 degree classification (or equivalent). 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. Fluency in English is essential, proficiency in any European language would be highly desirable.
Candidates who perform well during the internship may be offered full time employment to commence in July 2028; some lines of business may also offer the opportunity of a January or April start date. You must be available to join on one of these start dates if offered, unfortunately we are unable to offer deferrals.
What we are looking for:
- You will need to demonstrate drive, innovation, and a genuine interest in the financial markets.
- Teamwork, leadership, and problem-solving skills, plus creativity are key qualities, as is the ability to work in a fast-paced environment, multi-task and interact with a variety of people.
- Analytical and problem-solving skills. Influences decisions and outcomes through effective communication and interpersonal skills.
- Integrity and ethics, earning trust and respect through consistent honesty and professionalism in all interactions.
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 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’re 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.
We offer a competitive Salary and Benefits package.
Global Corporate Banking 2027 Summer Analyst – London employer: Bank of America Corporation
Bank of America is an exceptional employer, offering a dynamic and inclusive work culture in the heart of London. With a strong commitment to employee development, you will benefit from extensive training, mentorship, and opportunities for career advancement within the global investment banking sector. Join us to make a meaningful impact while enjoying a competitive salary and comprehensive benefits that support your overall well-being.
Contact Details:
Bank of America Corporation Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Global Corporate Banking 2027 Summer Analyst – London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace Global Corporate Banking 2027 Summer Analyst – London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Bank of America Corporation.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Bank of America Corporation's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Bank of America Corporation
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Bank of America Corporation.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Bank of America Corporation will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Bank of America Corporation employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
