Prime Financing, 2027 1-Year Placement Analyst – London

Prime Financing, 2027 1-Year Placement Analyst – London Overview

Bank of America is seeking candidates for a 1-Year Placement Analyst position in Prime Financing, based in London. This role is part of the Global Markets Off-cycle Analyst program, which provides interns with exposure to various products within Equities Financing, including Physical Prime Brokerage, Stock Loan, and Delta One products.

Responsibilities

• Gain a comprehensive introduction to Bank of America, its culture, and its global operations alongside other newly hired analysts.
• Establish and maintain strong relationships with hedge fund clients by efficiently servicing their accounts.
• Collaborate with experienced teams in Prime Financing to enhance understanding of products and processes while addressing client needs.
• Engage in risk and collateral management, regulatory initiatives, and finance to maximize revenues and returns.
• Work with traders to understand the risk profile of the book and identify optimal hedging strategies.
• Assist in pricing new business across a variety of Equity Financing products.
• Support traders in sourcing optimal borrow liquidity while considering cost, collateral, and capital efficiency.
• Provide daily market insights regarding borrow liquidity and fees across the EMEA market.
• Analyze data to understand client needs and drive efficiencies in straight-through processing (STP).
• Collaborate with operations and settlements teams to understand the entire lifecycle of a trade.
• Conduct in-depth profitability analyses of client subsets to identify growth opportunities and potential revenue streams.
• Participate in long-term projects aimed at improving operational efficiencies throughout the internship.

Requirements

• Candidates must be pursuing a Bachelor’s or Master’s degree from an accredited institution, with graduation expected between September 2028 and July 2029.
• Applicants should be on track to achieve a minimum 2:1 degree classification or equivalent.
• Fluency in English is essential; proficiency in a second European language may be required for some positions.
• Demonstrated drive, innovation, and a genuine interest in financial markets are necessary.
• Ability to manage multiple projects simultaneously and adapt in a fast-paced environment is crucial.
• Strong teamwork, leadership, problem-solving skills, and creativity are key attributes.
• Candidates should exhibit accountability, productivity, and effective communication skills.
• Integrity and ethical behavior are expected, with a commitment to earning trust and respect.

Benefits

• Competitive salary and benefits package.
• Extensive formal training at the start of the program.
• On-the-job support and mentorship throughout the internship.
• Opportunities for educational speaker events.

This internship is designed for candidates who are eager to learn and make a significant contribution to the team. Applications are accepted from a diverse range of degree disciplines, and the recruitment process is conducted on a rolling basis. Candidates who excel during the internship may be offered full-time positions starting in July 2029, with some lines of business offering earlier start dates.

Degree Requirement: Bachelor’s (with 2:1)

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