Public Finance Summer Analyst Program 2019

Bank of America - New York, NY (30+ days ago)3.8


Global Markets Public Finance, Summer Analyst

New York, NY, USA

Job Description & Program Overview

Our Global Markets business offers sales and trading services, including research, to institutional clients across fixed-income, credit, currency, and commodity and equity businesses. Global Markets product coverage includes securities and derivative products in both the primary and secondary markets.

Bank of America Merrill Lynch’s Public Finance Investment Banking group is headquartered in New York with multiple regional offices. Public Finance provides financing solutions to state and local governmental and not-for-profit clients, primarily through tax-exempt and taxable bond underwriting. Clients include states, counties, cities, school districts, higher education institutions, public utilities, public transportation agencies, not-for-profit health care systems and hospitals, state affiliated and not-for-profit student loan and housing agencies, cultural organizations and developers.

As an active team member in Public Finance, summer analysts assist bankers in capital raising and strategic advisory transactions for governmental, not-for-profit and/or developer clients. As a summer analyst, your responsibilities may include:

  • Developing and maintaining financial cash flow models, using proprietary and industry standard software
  • Supporting various financial analyses, including bond structuring
  • Performing comprehensive and in-depth client and credit research
  • Preparing presentation and other materials for clients
  • Communicating and interacting with deal team members
Qualifications

  • Candidates are required to be pursuing a Bachelor’s degree from an accredited college or university with a graduation timeframe between December 2019 and June 2020
  • 3.2 minimum GPA preferred
  • Candidates must demonstrate a combination of academic aptitude, quantitative skills, strategic and creative thinking, and strong written and oral communications skills
  • Superior analytical and organizational skills
  • Ability to manage several projects at once
  • Ability to work effectively as an individual and as part of a team
  • Other desired characteristics include: integrity, attention to detail, assertiveness, initiative, leadership, strong work ethic and team focus
  • A strong interest in finance and the public sector, in addition to a background in Finance, Accounting, Math or Engineering is preferred
Application Deadline
September 9 2018