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Wealth Management Summer Analyst Program - Investment Solutions Group, Chief Investment Office, and Home Office 2024

Learn more about Bank of America
Bank of America

Bank of America

Wealth Management Summer Analyst Program - Investment Solutions Group, Chief Investment Office, and Home Office 2024

3 locations
Internship
Paid
  • Responsibilities

    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 Investment Solutions Group, Chief Investment Office, and Merrill Home Office. As part of the Merrill organization, the Investment Solutions Group and Chief Investment Office 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 effective Investment Process, they provide solutions across all product platforms and asset classes - equity, fixed income and alternative investments including structured products and specialty assets - through a comprehensive due diligence and oversight process for client portfolios. Theyalso 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 Investment Solutions Group, Chief Investment Office, or Merrill Home Office such as:

    • Chief Investment Office (CIO)

    • Alternative Investments and Specialty Asset Management

    • Investment Products and Platforms

    • Personal Retirement Product Management

    • Specialists Team

    • Merrill Chief Operating Officer Organization

    • National Business Development Team

    • Merrill Supervision and Controls Team

    QUALIFICATIONS

    REQUIRED:

    • Bachelors or Bachelors direct to Masters degree program student with a graduation date between December 2024 and August 2025

    • 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

    PREFERRED:

    • 3.2 minimum GPA preferred

    • Technical skills such as Excel and PowerPoint

    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

  • Industry
    Banking
  • Locations
    Jersey City, NJ • Pennington, NJ • New York, NY
  • About Us

    Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading.