Bank of America
Global Payments Solutions Summer Analyst Program
Make financial lives better for our clients and our communities through the power of every connection
Banking and Investment
Full-time
Office | Sydney, NSW, Australia
Visa sponsorship · No
Junior · A role for someone with some basic skills, good motivation and ability to learn. Typically 1-2 years of experience is required.
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Why Bank of America
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
About the role
What we’re looking for:
- Penultimate year Undergraduate/Master’s degree student with outstanding academic achievement
- Strong quantitative and analytical skills
- Effective verbal and written communication
- Comfortable with change and adjust to changing demands and requirements
- A strong team player and client focused
- Demonstrates energy and initiative
- Positive approach and open to learning new skills
- Creative thinking and problem-solving skills
- Fluency in English is essential, appropriate Asian language skills are also essential for some roles and countries
Why Us? Global Payment Solutions (GPS) is a core business for Bank of America’s global franchise. The GPS business provides global working capital solutions including liquidity management, payments and receipts, trade and supply chain finance, foreign exchange and commercial card services to three million small businesses, thousands of middle market companies, and to multinational corporations, financial institutions and governments around the world. Since 1947, Bank of America has been offering working capital solutions in Asia Pacific tailored to meet the growing needs of our clients with diverse geographic presence. As a Summer Analyst within Global Payment Solutions, you will work closely with GPS professionals on strategic business initiatives and projects. Placement of Summer Analysts is determined during the hiring process where we match the business needs and the interests/skills of the Summer Analyst. The various teams in GPS include:
- Corporate Treasury Sales
- Financial Institutions (FI) Treasury Sales
- Treasury Product Solutions
- Asia Trade & Supply Chain Solutions
What you’ll do:
- Manage projects, understand the requirements of the project and practice time management, project planning and execution skills to complete your project within the relevant timeframe
- Prepare presentation and other materials to support delivery of proposals to clients / prospective clients
- Conducting comprehensive and in-depth company and industry research
- Participate in meetings/calls with clients and follow up any action points where required
- Create various client or internal documents, materials, reports and data inventories as required
- Proactively network internally to learn more about the business as well as report back on business initiatives worked on
- Integrate as a team member and communicate with the team on project milestones
- Support the team to solve client needs and generate revenue for the bank
- Learn from, and work with, teams across the business, including senior managers within your team, experts in other areas of the firm and colleagues from around the globe
Program Overview The Summer program is a 10-week program designed to provide Summer Analysts with a unique opportunity to gain an exposure to life at Bank of America and also make significant contributions to the team. The Summer program begins with an orientation and induction to the firm. Summer Analysts are given a true associate experience, as assignments mirror full-time responsibility and include goal-setting and a formal review process.
- Access to the bank’s learning hub containing a variety of learning resources, ranging from banking fundamentals to communication skills
- Structured and on-the-job training
- Networking and social opportunities
- Speaker series with senior management across all lines of business
- Corporate Social Responsibility project/learning
- Involvement in Diversity and Inclusion training/events
- Consideration for full-time employment upon graduation
What you'll be responsible for
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Financial and Market Analysis
Conduct financial analysis and market research to inform investment and capital allocation decisions
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Investment Stakeholder Presentations
Prepare and present to clients and internal stakeholders, including investment recommendations and pitches
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Due Diligence
Manage due diligence processes to ensure that all relevant information is identified and evaluated
Skills you'll need
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Resilience
Bounces back from stressful experiences while being optimistic, emotionally aware, and adapts to change
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Results orientation
Focuses on outcomes and the steps it takes to achieve them
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Flexibility
Copes with changes and ambiguity in varying circumstances and can adapt behaviour effectively