Global Markets Sales & Trading Summer Associate Program - 2027

Global Markets Sales & Trading Associate 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. Global Markets product coverage includes securities and derivative products in both the primary and secondary markets.

Program Overview

Our Summer Associate Program includes formal training and assignments with a specific team in Global Markets. Extensive training is followed by placement in fixed income or equity markets, with exposure to different functions in sales, trading, origination, and structuring/quantitative analysis. As a summer associate, you will focus on a specific product area within the overall group.

Job Description

As a summer associate, your responsibilities may include but are not limited to:

• Handle day-to-day transaction needs, including reconciliation, and clearing services
• Assist in educating clients about complex structures and technical products
• Assist in developing new products and bringing them to market
• Perform quantitative analysis of current markets, trends, and trading strategies
• Conduct numerical analysis of existing models and help implement and test performance enhancements
• Assist with sales, trading, and hedging activities
• Help originate, structure, and model transactions
• Assess market trends and provide quantitative data for clients
• Perform market and quantitative research analysis
• Assist in structuring, pricing, and executing trades
• Research and model complex products, trends, and phenomena, including hedges and alpha strategies, using large data sets of financial data

Qualifications

• Currently pursuing a Master’s degree from an accredited college or university, with a graduation timeframe between November 2027 and August 2028, in a field of Quantitative Finance, Financial Engineering, or Physics/Applied Maths/Computer Science
• Experience in a technical field that blends advanced quantitative methods with finance and economics is an advantage
• 2.5 years of prior work experience required
• 3.5 minimum GPA preferred
• Strong quantitative and qualitative skills
• Experience managing and analyzing large data sets with modern data-science tools is a plus
• Excellent IT skills and knowledge of Python or R and common data analysis libraries; NumPy/Pandas/scikit-learn/Keras/PyTorch/fastai packages required for certain placements
• Prior experience with options and/or volatility products or working on a trading floor is an advantage
• Strong written and verbal communication skills, with the ability to explain complex ideas clearly and concisely to non-technical individuals
• Demonstrate problem-solving skills and willingness to ask tough questions
• Ability to work independently and drive toward a completed end product
• Able to generate complex solutions across multiple product platforms in a thorough and proactive approach
• Strong interest in global financial markets and complex structures
• Adapts easily to a constantly changing environment
• A track record of superior performance in extracurricular and professional activities