Wealth Management Summer Analyst Program Chief Investment Office Investment Solutions Group and[...]

Bank of America; New York (NY); Remote; USD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a Wealth Management Summer Analyst, where you'll immerse yourself in the dynamic world of investment strategies and portfolio management. This structured 10-week internship offers a unique opportunity to work alongside experts in the Chief Investment Office and Investment Solutions Group. You will engage in real-world projects, receive mentorship, and enhance your skills in a collaborative environment. Ideal candidates are pursuing a Bachelor's or Master's degree, possess strong analytical and communication abilities, and are eager to learn and contribute to innovative wealth management solutions. This is your chance to make a meaningful impact in a prestigious financial institution.

Qualifications

• Candidates must be pursuing a Bachelor's or Master's degree with a graduation date between Nov 2026 and Aug 2027.
• Strong analytical, communication, and teamwork skills are essential.

Responsibilities

• Interns will gain hands-on experience in investment strategies and portfolio management.
• The role includes collaboration within various teams in wealth management.

Skills

Finance knowledge

Verbal communication

Written communication

Analytical skills

Critical thinking

Teamwork

Independent thinking

Time management

Attention to detail

Education

Bachelor's degree or direct to Master's program

Tools

Excel

PowerPoint

Bloomberg

FactSet

Python

R

Job description

Wealth Management Summer Analyst Program - Chief Investment Office, Investment Solutions Group, and Merrill Home Office

Job Description & Program Overview

Bank of America provides comprehensive wealth management solutions to affluent and high-net-worth clients through Merrill and Private Bank teams.

Our Wealth Management Summer Analyst Program is designed to offer candidates the opportunity to work in various positions within our Chief Investment Office, Investment Solutions Group, and Merrill Home Office. As part of the Merrill organization, the Chief Investment Office and Investment Solutions Groups strive to provide world-class investment strategies, platforms, solutions and support for clients across all wealth management lines of business (including Merrill and the Private Bank). Through a highly integrated and effective Investment Process, they provide solutions across all product platforms and asset classes - multi-asset, equity, fixed income and alternative investments including structured products - through a comprehensive due diligence and oversight process for client portfolios. They also coordinate the investment strategy for wealth management advisors and clients, harmonizing and distilling market themes, identifying trends and supporting our client-focused investing approach. Merrill Home Office functions are critical to ensuring the wealth management strategies, tools, and processes are aligned to support our field operations in their pursuit of client acquisition and retention.

Our structured 10-week internship provides extensive on the job training, in addition to educational speaker events, coaching and mentorship throughout. Interns will be placed on a specific team within the Chief Investment Office, Investment Solutions Group, or Merrill Home Office such as:

• Chief Investment Office
  • Investment Strategy and Thought Leadership
  • Asset Allocation
  • Due Diligence
  • Portfolio Management & Strategy (Fixed Income, Equity & Multi-Asset)
  • Sustainable & Impact Investing (Chief Investment Office and Investment Solutions Group)
• Alternative Investments
• Investment Products & Platforms
• Personal Retirement Product Management
• Wealth Management Specialists
• Merrill Chief Operating Office Organization
• National Business Development Team

Qualifications

Required:

• Bachelors or Bachelors direct to Masters degree program student with a graduation date between November 2026 and August 2027
• Demonstrated record of achievement, such as extracurricular activities or leadership roles
• Finance knowledge
• Excellent verbal and written communication skills
• Analytical and critical thinking skills
• Ability to work effectively within a team
• Ability to think independently
• Ability to work collaboratively
• Strong time management skills and attention to detail

Desired:

• 3.2 minimum GPA preferred
• Technical skills such as Excel and PowerPoint
• Major or minor of studies in a field of Quantitative Finance, Financial Engineering, or a related technical field that blends advanced quantitative methods with finance and economics is a plus
• Experience managing and analyzing large data sets using data science tools such as artificial intelligence and machine learning
• Knowledge of coding and programming skills, including but not limited to Bloomberg, FactSet, Python, R, or equivalent

Bank of America is unable to consider candidates that will require visa sponsorship now, or in the future, for this specific role.

Travel: On needs basis

Full / Part-time: Fulltime

Hours Per Week: 40.00

Shift: 1st Shift