Subscription Finance Summer Analyst Program - 2027

Bank of America3 months ago
Charlotte, NC, United States
Hybrid
Internship
Junior Level (1-3 years)

Job Description

Position Overview

Subscription Finance Summer Analyst Program – 2027

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 Global Markets business offers sales and trading services, including research, to institutional clients across fixed-income, credit, currency and commodity, and equity businesses.

Job Description & Program Overview
Our program includes formal training and direct placement in the Subscription Finance Group (SFG). Subscription Finance specifically provides funding/financing solutions to many of the world’s leading asset managers.

Key Responsibilities

  • Drafting client proposals, transaction summaries, due diligence summaries, credit approval reports and other documents as part of the transaction approval process
  • Engaging with business partners and other members of the client team, as necessary, to facilitate various aspects of the transaction management process
  • Participation in on-site client due diligence visits, as necessary
  • Generation of detailed collateral analysis
  • Monitoring and highlighting key performance trends related to the collateral, clients, and the industry
  • Maintaining transaction pricing, return and cash flow models, as well as portfolio surveillance files
  • Gain exposure providing financing to funds that invest in a broad range of asset classes such as real estate, private equity, and private credit

Required Qualifications

  • Education: Candidates are required to be pursuing a bachelor’s degree or a bachelor’s direct to master’s degree from an accredited college or university with a graduation timeframe between November 2027 and August 2028
  • Candidates must demonstrate a combination of academic aptitude, quantitative skills, strategic and creative thinking, and strong written and oral communications skills
  • Superior analytical and organizational skills
  • Ability to manage several projects at once
  • Ability to work effectively as an individual and as part of a team

Preferred Qualifications

  • Qualifications: 3.2 minimum GPA preferred
  • Other desired characteristics include: integrity, attention to detail, assertiveness, initiative, leadership, strong work ethic, and team focus
  • Qualifications: Strong interest in global financial markets and keen interest in complex structures are preferred
  • Mathematics, engineering, statistics, or programming background a plus

Required Skills

due diligence
analytical skills
team collaboration
client proposal drafting
communication
project management
financial modeling
quantitative analysis
transaction management