Internship
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Global Markets Credit 2027 Summer Analyst

Bank of America
Competitive
London
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TL;DR

Key Takeaways

  • Gain experience as a credit analyst on a ten-week Summer Analyst programme.
  • Undertake qualitative and quantitative credit analysis, compile credit memos, and present recommendations.
  • Must be pursuing a Bachelor's or Master's degree with a completion date between September 2027 and July 2028.
  • Must be available from June - August 2027 and on track for a minimum 2:1 degree classification.
  • Applications are reviewed on a rolling basis, so apply early.

About the Role

About the Team

The Global Market Credit (GMC) team assesses credit risk across various counterparty portfolios and structured trades, principally originated within the Global Markets franchise. This requires a strong understanding of the drivers of credit risk, counterparty strategy, deal structures and financial products. The team is responsible for managing the end-to-end credit process, from initial due diligence through to underwriting, approval, closing and monitoring.

Programme Overview

Our ten-week Summer Analyst programme is designed to offer you a comprehensive experience of life as a full-time credit analyst. During your internship, you will be aligned to one of the portfolios in Global Markets Credit. You will spend your time on the desk completing actual deliverables and adding tangible value to the department.

Training and Development

Your training and development are top priorities, 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

As a summer analyst, your key tasks and responsibilities may include:

  • Performing extensive qualitative and quantitative credit analysis to assess a counterparty’s credit risk
  • Compiling detailed credit memos and risk rating scorecards for new and existing clients
  • Presenting recommendations to senior colleagues in both written and verbal format
  • Working on in-flight projects and initiatives to support the Enterprise Credit mandate

Eligibility

  • Pursuing a Bachelor’s or Master’s degree from an accredited college or university with a completion time frame between September 2027 and July 2028. Completion means you have finished all final exams, coursework, and have no outstanding requirements for graduation.
  • Must be available to join the programme from June - August 2027
  • On track for a minimum 2:1 degree classification (or equivalent)

What we are looking for

Essential:

  • Strong analytical skills and good attention to detail
  • Effective written and verbal communication; fluency in English is essential
  • An inquisitive nature and a keen interest in the financial markets/products

Desired:

  • Proficiency in a language other than English (although not a requirement)
  • A moderate level of proficiency in Excel and other programs within the Microsoft Office suite

Recruitment Process

Analyst internship and full-time recruiting takes place on a rolling basis once applications are open. Assessments often begin before the deadline, so it’s best to submit your application early to give yourself the best chance of being considered for the role.

Benefits

We offer a competitive Salary and Benefits package.