Global Markets Public Sector Banking Summer Credit Analyst Program - 2024
Job Description
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 Municipal Banking & Markets business offers Commercial and Investment Banking services, Sales & Trading and Treasury Management services to U.S. Municipal clients. Public Sector Banking is responsible for assisting clients with raising capital by offering privately placed credit facilities to be held on the Bank ' s balance sheet.
Job Description & Program Overview
Public Sector Banking within Municipal Banking and Markets provides capital in the form of loans, letters of credit, and other credit products primarily held on Bank of America ' s balance sheet, and other traditional banking products and services to State and Municipal clients (cities, counties, school districts, transportation authorities, etc.).
As an active team member in Public Sector Banking, analysts assist Underwriters and Credit Product Officers in credit origination for governmental clients as well as with portfolio monitoring duties. Your responsibilities as an analyst may include:
- Participating in the underwriting of different credit deals
- Supporting various financial analyses, including loan structuring
- Engaging in comprehensive and in-depth client and credit research
- Preparation of presentations and other materials for clients
- Work on various one-time projects
- Interaction with deal team members and client
Qualifications:
- Progress towards completion of bachelor's degree by December 2024 - June 2025 with demonstrated academic achievement
- 3.2 minimum GPA preferred
- Eligible candidates must demonstrate a strong interest in finance and the public sector.
- You should possess a combination of academic aptitude, quantitative skills, strategic and creative thinking and distinguished written and oral communications skills
- Ability to manage several projects at once and work effectively as an individual and as part of a team
- Some common characteristics we look for include assertiveness, attention to detail, exceptional academic achievement, initiative, team focus, self-confidence, strategic and creative thinking capabilities, strong work ethic and communication skills, strong quantitative skills
- A working knowledge of Microsoft Office (Excel, Word, and PowerPoint) are essential
- A background in Finance or Accounting is preferred
Location:
- Dallas, TX
- Chicago, IL
- Charlotte, NC
- New York, NY
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.
Date Posted
06/25/2023
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