Bank of America
Global Quantitative Data Analytics, Summer 2027 Analyst – London Overview
| Company Name | Bank of America |
| Job Role | Global Quantitative Data Analytics, Summer 2027 Analyst – London |
| Qualifications | Bachelor’s (with 2:1) |
| Category | IT Jobs |
| Job Type | Full Time |
| Location | London |
Join Bank of America as a Summer Analyst in the Global Quantitative Data Analytics Programme, where you will be part of the Global Risk Management team. This 10-week internship offers a unique opportunity to delve into how quantitative analysis and data support effective risk management within the bank.
Responsibilities
- Assist in analyzing data, models, methodologies, or risk processes to support business and risk management decisions.
- Utilize quantitative, analytical, or problem-solving skills on projects related to your assigned team.
- Help interpret data, trends, or model outputs and effectively communicate findings to both technical and non-technical stakeholders.
- Support various activities across the model lifecycle, including development, validation, implementation, monitoring, documentation, or usage of models, depending on team alignment.
- Conduct research and analysis using both internal and external information to aid in risk assessments, scenario analysis, reporting, or governance.
- Contribute to process improvements, documentation, controls, or analytical tools that enhance team efficiency.
- Collaborate with Risk Managers, quantitative specialists, technology partners, and business stakeholders to understand risk identification, measurement, and management.
- Build relationships across the Global Risk Management team through project work, networking, mentoring, speaker sessions, and development opportunities.
Requirements
- Candidates must be pursuing a Bachelor’s or Master’s degree from an accredited institution, with graduation expected between September 2027 and July 2028.
- Applicants should be on track for a minimum 2:1 degree classification or equivalent.
- Availability to participate in the program from June 2027 to August 2027 is required.
- Candidates who excel during the internship may be offered full-time positions starting in July 2028, with some business lines potentially offering January or April start dates.
- A clear motivation for a career in quantitative, data, or analytical roles within risk management and financial services is essential.
- Interest in how financial institutions utilize data, models, and analytical judgment to manage risk is required.
- Strong analytical, numerical, and problem-solving skills, along with attention to detail, are necessary.
- Ability to structure analysis and communicate technical concepts clearly to diverse audiences is crucial.
- Intellectual curiosity, critical thinking, and a willingness to learn technical concepts are important.
- Candidates must be able to work both independently and collaboratively in a fast-paced environment.
- Commitment to continuous learning, operational excellence, integrity, and professional conduct is expected.
- Fluency in English is mandatory; knowledge of a second language is a plus.
- Exposure to quantitative, analytical, or data-related fields such as statistics, probability, data analytics, machine learning, or financial modeling is desirable.
- Familiarity with analytical tools or programming languages such as Python, R, C++, MATLAB, SQL, Tableau, or Power BI is advantageous.
- Understanding of risk management, financial products, markets, or quantitative finance concepts is beneficial.
- Interest in model lifecycle activities, including development, validation, monitoring, governance, or model use is preferred.
Benefits
- Competitive salary and benefits package.
- Formal training at the start of the internship, complemented by on-the-job learning.
- Opportunities for mentorship and participation in speaker events.
Degree Requirement: Bachelor’s (with 2:1)
Visa Sponsorship Promising
To apply for this job please visit careers.bankofamerica.com.