Leasing Credit – Global Vendor Finance and International Asset Finance, 2027 Summer Analyst - London

About the role

Ten-week London Summer Analyst internship in Bank of America’s Leasing Credit team, aligned to Global Vendor Finance or International Asset Finance. You will analyse counterparty and transaction credit risk, support underwriting and monitoring, prepare recommendations, and learn through formal training, speaker events, mentorship, and on-the-job experience.

Team and role

• Leasing Enterprise Credit assesses counterparty risk from due diligence through structuring, underwriting, approval, and closing.
• Global Vendor Finance evaluates and underwrites new end-user credit opportunities and associated risks.
• International Asset Finance Credit underwrites and structures asset finance transactions across shipping, rail, and other land transport sectors.
• The programme may also provide exposure to Global Leasing business units in EMEA and Equipment Management.

Responsibilities

• Perform qualitative and quantitative credit analysis to assess counterparty credit risk.
• Prepare detailed credit memos and risk-rating scorecards for new and existing clients.
• Present recommendations to senior colleagues in written and verbal formats.
• Evaluate transaction structures, risks, and relevant mitigating factors.
• Support credit monitoring, portfolio reviews, financial covenant assessment, and risk-rating updates where applicable.
• Contribute to projects and initiatives supporting the Enterprise Credit mandate.

Training and development

• Receive extensive formal training at the start of the programme.
• Build knowledge through on-the-job support, educational speaker events, and mentorship throughout the internship.

Recruitment

• Analyst internship recruiting takes place on a rolling basis once applications open.
• Assessments may begin before the application deadline, so early submission is encouraged.