Leasing Credit – Global Vendor Finance and International Asset Finance, 2027 Summer Analyst

This ten-week Summer Analyst programme offers a comprehensive experience of life as a full-time credit analyst within Bank of America's Leasing Enterprise Credit EMEA team.

The Team

The Leasing Enterprise Credit EMEA team assesses counterparty credit risk by understanding a company’s industry, competitive position, strategy, and financial performance. The team manages the end-to-end credit process, from due diligence to structuring, underwriting, approval, and closing.

Summer Analysts will be aligned to either Global Vendor Finance (GVF) or International Asset Finance (IAF Credit).

• Global Vendor Finance (GVF): Focuses on evaluating and underwriting new end-user credit opportunities, identifying and assessing strengths, weaknesses, and risks, and describing relevant mitigating factors.
• International Asset Finance (IAF Credit): Underwrites and structures facilities for the International Asset Finance business, with exposure to asset finance solutions and sectors including shipping, rail, and other land transport. This includes complex structured transactions ranging from $5MM to >$100MM. The team also manages credit monitoring for a portfolio of clients.

Programme Overview

During the internship, you will support the evaluation and underwriting of new credit opportunities and/or new asset finance transactions, as well as the monitoring of credit risk on existing transactions. This may involve identifying and assessing credit, market, operational, and structural risks, understanding transaction structures, assessing industry trends and collateral, and identifying mitigating factors. You will also learn about Global Leasing and other business units in EMEA and the Equipment Management group.

Training and Development

Your training and development are a priority, with extensive formal training at the start of the programme, alongside on-the-job support, educational speaker events, and mentorship.

Responsibilities

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

• Performing qualitative and quantitative credit analysis to assess counterparty credit risk.
• Compiling detailed credit memos and risk rating scorecards for new and existing clients.
• Presenting recommendations to senior colleagues in written and verbal formats.
• Supporting the evaluation of transaction structures and the assessment of risks and mitigating factors.
• Working on in-flight projects and initiatives to support the Enterprise Credit mandate.

Eligibility

• Pursuing a Bachelor’s or Master’s degree with a completion timeframe between September 2027 and July 2028.
• 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 attention to detail.
• Effective written and verbal communication; fluency in English is essential.
• Inquisitive nature and keen interest in financial markets.
• Ability to interact effectively in a team and work independently.
• Strong interpersonal skills.
• Results-oriented with the ability to accomplish objectives within a specified timeframe.
• Moderate proficiency in Excel and other Microsoft Office suite programmes.

Desired:

• Proficiency in a language other than English.

Recruitment Process

Analyst internship and full-time recruiting takes place on a rolling basis. Submitting your application early is recommended.

Salary & Benefits

We offer a competitive Salary and Benefits package.