Deadline:
October 25, 2024
Location(s)
United Kingdom
London
Overview
Details
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 Risk teams provide direct support to the lines of business and are responsible for establishing risk management policies, limits, standards, controls, metrics and thresholds within the defined corporate standards. They also set enterprise policies, programs and standards; assess program adherence; and provide enterprise level risk oversight, reporting and monitoring for systemic risk issues.
Training and Development
Your training and development is our top priority with extensive formal training offered at the start of the programme in addition to on-the-job support, educational speaker events and mentorship throughout.
As a Summer analyst, you will be provided with the opportunity to work on various tasks necessary for the management of market, financial, compliance, operational enterprise risks and other types of risk. You will also have the opportunity to gain exposure to products traded across various markets including credit, interest rate, foreign exchange, equities, and commodities.
Responsibilities:
As a summer analyst, your key tasks and responsibilities may include but are not limited to:
- Working with Risk Managers to manage the company's various risk exposures arising from its business operations in accordance with the Risk Framework
- Supporting the lines of business to establish risk management policies, limits, standards, controls, metrics, and thresholds, within the defined corporate standards.
- Developing emerging risk assessments, risk scenario analysis, and risk modeling where applicable
- Managing specialist projects and processes related to risk management
- Providing training, assessing regulatory developments, and implementing policies
- Promoting a culture across the company where risk management is embraced as vital to achieving responsible growth.
Opportunity is About
Eligibility
Candidates should be from:
Description of Ideal Candidate
Eligibility
- Candidates are required to be pursuing an undergraduate or postgraduate degree from an accredited college or university. Academic semester and all studies should be complete, with a graduation timeframe between September 2025 and June 2026.
- Achieved minimum of 112 UCAS point (or equivalent) and on track for a minimum 2:1 degree classification (or equivalent)
- Must be available to join the programme from June 2025 to August 2025.
What we are looking for
Essential:
- Display clear motivation for exploring a Risk career within financial services.
- Demonstrate intellectual curiosity, innovative and critical thinking, and strong problem-solving capabilities.
- Display strong teamwork, leadership, and the ability to work in a fast-paced environment.
- Commitment to achieving sustainable results through operational excellence.
- Show demonstrable evidence of self-learning outside of studies, and efforts to advance technical skills.
- Demonstrate effective, impactful communication and interpersonal skills through interacting with and influencing a variety of Stakeholders.
- Fluency in written and spoken English.
- Demonstrate integrity and ethics, earning other’s trust and respect through consistent honesty and professionalism in all interactions.
Desired:
- Exposure to and/or experience of research & data analysis
- Exposure to and/or experience of engineering & process design
- Proficiency in Excel, SAS, SQL or Python
Dates
Deadline: October 25, 2024
Cost/funding for participants
Un-save Opportunity
Internships, scholarships, student conferences and competitions.
