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Bank of America
Headquarters' Location: London, UK
Presence: Global
Number of Employees: c180,000
Website: www.bofa.com/careers
   
Bank of America

COMPANY SNAPSHOT

Bank of America (NYSE: BAC) is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial products and services. The company's Global Corporate and Investment Banking group (GCIB) focuses on companies with annual revenues of more than $2.5 million; middle-market and large corporations; institutional investors; financial institutions; and government entities. GCIB provides innovative services in M&A, equity and debt capital raising, lending, trading, risk management, treasury management and research.



Bank of America serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 80 percent of the Global Fortune 500. Many of the company's services to corporate and institutional clients are provided through its U.S. and UK subsidiaries, Banc of America Securities LLC and Banc of America Securities Limited.



Using the bank’s strong balance sheet and top tier market position in the U.S., the international growth strategy is to build a profitable universal bank with Global Markets as a core competency. Bank of America targets European clients with strong U.S. interests and issuer and investor clients with whom the bank already has a strong relationship in the U.S. Leveraging its balance sheet, Bank of America is able to help clients meet their financial goals and by expanding its product groups, it provides clients with a full, global product suite.



Bank of America has maintained a presence in the Europe, Middle East and Africa (EMEA) region since 1922. The EMEA business is managed by Jonathan Moulds, President, EMEA and Asia. Bank of America employs over 8,350 people in Europe. Of this, approximately 2,850 are legacy Bank of America businesses based offices in the UK, Belgium, France, Germany, Greece, Italy, The Netherlands, The Republic of Ireland and Spain. 5,500 work for our Europe Card Services division, ie legacy MBNA.


FULL-TIME GRADUATE HIRES

Training offered:

Initial training takes place in New York and combines classroom training with group and individual projects led by industry experts. You will learn technical, personal and professional skills and also more about Bank of America’s capabilities and culture.

Once you begin work in your group, you will have access to ongoing education, which will help you to progress in your specific business areas.

Our mentoring programme will help you build relationships and gain valuable career development advice as well as an understanding of our organisational structure and culture. Cross-divisional presentations and the sharing of experiences will provide you with additional knowledge about the financial services industry


Skills required:

It is the quality of our people that enables us to develop strong, enduring relationships with clients, to understand their needs and to create innovative solutions to achieve their goals. We seek candidates who demonstrate a combination of academic aptitude, quantitative skills, strategic and creative thinking with a team focus and the dedication to building a career in the financial services industry.

How many graduate places do you anticipate offering in 2007?
c. 90

In which areas of Bank of America are you placing graduates?


  • Investment Banking
  • Capital Markets
  • Sales, Trading and Research
  • Risk Management
  • Global Markets Technology
  • Operations
  • Middle Office
  • Treasury Services
  • Network Computing


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UNDERGRADUATE INTERNSHIPS

Your 10 week summer internship at Bank of America will kick-off with an orientation meeting and training session. During this time you will learn the necessary technical skills and hear about the bank’s professional practices that will ensure you have the best possible start to your time with us and ensure you get the most out of the programme.

The Bank of America summer internship programme is an integral part of our recruiting process as our goal is to provide the outstanding performers on the programme the opportunity to be hired to the bank as full time employees.

Which business areas of Bank of America offer structured internships?


  • Investment Banking
  • Capital Markets
  • Sales, Trading and Research
  • Risk Management
  • Global Markets Technology
  • Operations
  • Middle Office
  • Treasury Services
  • Network Computing

How much do you pay interns?
Competitive


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Company
Bank of America

Website:
www.bofa.com/careers
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