Bank of America - Global quantitative management summer 2025 analyst - 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.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organisation.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

The team:

The Global Quantitative Summer Analyst Program assigns interns to teams across the enterprise. Internship opportunities include positions supporting various business groups, such as the below:

• Global Risk Analytics
• Enterprise Credit Risk
• Model Risk Management
• Enterprise Independent Testing
• Corporate Treasury
• Data, Digital & Global Marketing
• Global Market and Financial Risk
• Intern team assignments are developed based on business need and aligned to skillset and therefore cannot be guaranteed

Training and Development

Your training and development is our top priority with extensive formal training offered at the start of the program in addition to on-the-job support, events, and mentorship throughout. These opportunities include but are not limited to:

• Bank-provided trainings focused on our seven key risk types (Strategic, Credit, Market, Liquidity. Operational, Compliance and Reputational Risk)
• Intern Mentorship
• Executive Speaker Series
• Employee Diversity & Inclusion Networks – LEAD for Women, Black Professional Group, LGBT+ Pride, and more
• Educational Speakers and Events
• Networking Events

Responsibilities:

Quantitative Analytics internships provide participants the opportunity to work on various tasks leveraging programming, data analysis, modelling, and other technical skillsets to understand how the bank makes key decisions. As a Summer Analyst, you will be placed on one team where your primary responsibilities may include but are not limited to:

• Developing emerging risk assessments and analysing credit risk scenarios
• Quantitative modelling, including building forecast models, pricing models, and stress test models.
• Conducting research and analysis to provide a micro view of risk management in a particular business line and a macro view of risk management for the bank as a whole.
• Assessing market trends and providing quantitative data for internal partners and ultimately, clients
• Applying quantitative knowledge to specific financial challenges and projects specific to your business alignment
• Implementing solutions applying both qualitative and quantitative methods
• Networking with risk executives and key stakeholders to cultivate meaningful relationships across various lines of business.