GM Credit 2027 Summer Analyst - London

About the role

Join Bank of America’s Global Markets Credit team in London for a ten-week Summer Analyst internship. You will assess counterparty credit risk, prepare credit documentation, present recommendations, and support credit initiatives while gaining formal training, on-the-job guidance, mentorship, and experience delivering work for a Global Markets credit portfolio.

The Team and Programme

• Assess credit risk across counterparty portfolios and structured trades originated within Global Markets.
• Manage the credit process from due diligence through underwriting, approval, closing, and monitoring.
• Align to a Global Markets Credit portfolio and complete actual desk deliverables during the internship.

Responsibilities

• Perform qualitative and quantitative credit analysis to assess counterparty credit risk.
• Compile credit memos and risk-rating scorecards for new and existing clients.
• Present recommendations to senior colleagues in written and verbal formats.
• Support in-flight projects and initiatives contributing to the Enterprise Credit mandate.

Training and Development

• Receive extensive formal training at the start of the ten-week programme.
• Benefit from on-the-job support, educational speaker events, and mentorship throughout the internship.

Eligibility

• Pursue a Bachelor’s or Master’s degree at an accredited college or university.
• Complete all final exams, coursework, and graduation requirements between September 2027 and July 2028.
• Be available to join the programme from June to August 2027.
• Be on track for a minimum 2:1 degree classification or equivalent.

Skills

• Demonstrate strong analytical skills and attention to detail.
• Communicate effectively in written and verbal English.
• Show an inquisitive nature and keen interest in financial markets and products.
• Proficiency in another language is desirable but not required.
• Moderate Excel and Microsoft Office proficiency is desirable.

Recruitment

• Applications and recruiting take place on a rolling basis once applications open.
• Assessments may begin before the deadline, so early application is recommended.