Global Markets Securitised Products 2026 Summer Analyst - London

Bank of America; City Of London; On-site; GBP 150,000 - 200,000; Full time

Job summary

A global financial institution is looking for a Summer Analyst in Securitised Products in London. This position involves assisting with transaction processes, preparing client materials, and learning about credit risk analysis. Ideal candidates are pursuing a relevant Bachelor’s or Master’s degree and possess strong analytical skills, Excel proficiency, and effective communication abilities. Candidates may secure full-time roles post-internship.

Benefits

Competitive salary

Comprehensive benefits package

Qualifications

• Pursuing a degree with completion timeframe between September 2026 and July 2027.
• Minimum of 112 UCAS points (or equivalent) and on track for 2:1 degree classification.

Responsibilities

• Assist with transaction needs including monitoring and deal preparation.
• Help in preparing client pitch books and marketing materials.
• Learn to analyse credit risk and model structured credit transactions.
• Attend client meetings to build network and experience.
• Provide quantitative data for market trends.

Skills

Finance and/or law related degree

Extensive knowledge of Excel

Effective verbal and written communication

Detail oriented with strong quantitative skills

Solid leadership and interpersonal skills

Ability to multitask and prioritize

Record of superior performance in extracurricular activities

Education

Bachelor’s or Master’s degree in relevant field

Tools

Excel

Job description

Overview

Securitised Products, Summer Analyst

London, UK

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

The team

The Global Markets Securitised Products Group (GMSP) is focused on providing secured funding solutions to clients backed by a broad range of asset classes. We cover a broad diversity of clients, including banks, private equity firms, specialist lenders and asset managers. Sitting on the private side, GMSP possesses the unique advantage of a hybrid banking/FICC lens. Our origination strategy is focused on cross collaboration with Global Corporate & Investment Banking, targeting key global relationship clients of the Bank.

Programme Overview

Our GMSP program includes formal training and assignments in the Securitised Products space, across both the Real Estate Structured Finance and the Asset Backed Securities Finance / Residential Mortgages Backed Securities finance businesses.

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.

Responsibilities

As a summer analyst, your key tasks and responsibilities may include but are not limited to:

• Assist with day-to-day transaction needs, including transaction monitoring and deal preparation
• Assist in preparing client pitch books, marketing materials and internal credit papers
• Learn how to analyse credit risk and model structured credit transactions
• Attend client meetings as you build your network and experience
• Assessing market trends and provide quantitative data for the team

Eligibility

• Candidates are required to be pursuing a Bachelor’s or Master’s degree from an accredited college or university with a completion time frame between September 2026 and July 2027. Completion means that you have completed all final exams, coursework, and have no outstanding requirements for graduation. Please note that we reserve the right to request evidence of this completion date before extending an offer.
• Achieved minimum of 112 UCAS point (or equivalent) and on track for a minimum 2:1 degree classification (or equivalent)
• On track for a minimum 2:1 degree classification (or equivalent)

Candidates who perform well during the internship may be offered full time employment to commence in July 2027; some lines of business may also offer the opportunity of a January or April start date. You must be available to join on one of these start dates if offered, unfortunately we are unable to offer deferrals

What we are looking for

• Finance and/or law related degree a plus
• Extensive knowledge of Excel
• Effective verbal and written communication
• Detail oriented with strong quantitative and analytical skills
• Solid leadership, team, communication, and interpersonal skills
• Can multitask and prioritize in a demanding environment
• A track record of superior performance in extracurricular and professional activities

Our recruitment process

Analyst internship and full-time recruiting takes place on a rolling basis once our applications are open. Assessments often begin before the deadline, so it’s best to submit your application early as this will give you the best chance of being considered for the role.

We care deeply about shaping the world of work to be an equal and inclusive one – and that starts with our recruitment process. We know just how important and valuable it is to have a wide range of skills, backgrounds and experiences shaping our work and ideas. We welcome applicants from all backgrounds, and we’re proud to focus on attracting, retaining and developing diverse talent within Bank of America. Together, we aim to mirror the customers, clients and communities we serve.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, being pregnant or on maternity leave, socio-economic background, responsibilities for dependents, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

What if I need workplace adjustments?

We’re committed to ensuring our online application process provides an equal employment opportunity to all job seekers. If you need a workplace adjustment to search for a job opening, need help completing your application or video interview, please email [e-mail] and let us know. We will be more than happy to discuss the support you need, and we will respond to your email within two business days.

We offer a competitive Salary and Benefits package