GM Credit 2027 Summer Analyst - London

Global Markets Credit (GMC) – Summer Analyst

Location: London

About Us

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth, including our commitment to an inclusive workplace, attracting and developing exceptional talent, supporting teammates’ physical, emotional, and financial wellness, recognising and rewarding performance, and making an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and an appropriate level of flexibility for teammates and businesses based on role-specific considerations.

The Team

The Global Markets 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 manages 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 provide 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. Extensive formal training is provided at the start of the programme, alongside on-the-job support, educational speaker events, and mentorship throughout.

Responsibilities

As a Summer Analyst, your key tasks and responsibilities may include (but are not limited to):

• 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 timeframe between September 2027 and July 2028. Completion means completing all final exams, coursework, and having no outstanding requirements for graduation. Bank of America may request evidence of this completion date before extending an offer.
• Availability to join the programme from June to 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
• Inquisitive nature and a keen interest in the financial markets and products

Desired

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