Responsibilities

As an off-cycle analyst, your key tasks and responsibilities may include but are not limited to:

• Gaining an in-depth introduction to the bank, its culture, and global reach, alongside other newly hired analysts.
• Building material relationships through direct interaction with our hedge fund clients whilst servicing accounts efficiently and effectively.
• Learning from teams of professionals across the bank, whilst working within experienced Prime Financing teams, to enhance knowledge of the products and processes that are employed by the desk whilst developing an understanding of client demands and how we deliver our product. This may include risk and collateral management, regulatory initiatives, finance to ensure we are maximising revenues and returns, and operations to ensure optimal client experience across our systems and platforms.
• Risk management – Working with traders to better understand the risk profile of the book and determine the most optimal way of hedging.
• Pricing – Working with traders and FRG to price new business across a broad spectrum of Equity Financing Products.
• Short coverage – Assisting traders on sourcing optimal borrow liquidity considering cost, collateral, and capital efficiency to meet firm and client net short obligations.
• Market color – Providing daily market color on borrow liquidity and fees across stocks across the EMEA market universe.
• Data analysis – Assisting in analyzing data to understand the book and our clients and help drive STP efficiencies.
• Understanding front-to-back – Working with broader operations and settlements teams to understand the entire lifecycle of a trade.
• Producing in-depth profitability analysis of your subset of clients to help highlight business growth opportunities and prospective revenue adjacencies.

In addition to regular responsibilities, collaborate on exciting and challenging longer-term projects that will continue throughout the internship period, such as identification and implementation of operational efficiency to streamline processes.

Eligibility

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 September 2028 and July 2029. 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)

Candidates who perform well during the internship may be offered full-time employment to commence in July 2029; 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

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 and a second European language may also be required for some roles.
• You'll need to demonstrate drive, innovation, and a genuine interest in the financial markets.
• Ability to grasp a wide variety of products and to handle more projects simultaneously.
• Team-working, 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.
• Demonstrates accountability and productivity.
• Displays analytical and problem-solving skills.
• Influences decisions and outcomes through effective communication and interpersonal skills.
• Promotes cooperation and commitment within a team environment to achieve goals and deliverables.
• Demonstrates integrity and ethics by earning other’s 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.