Leasing Credit – Global Vendor Finance and International Asset Finance Summer Analyst - London 2027

The Team The fundamental role of the Leasing Enterprise Credit EMEA team is to assess a counterparty’s credit risk, which requires a deep understanding of a company’s industry, competitive position, strategy, and financial performance. The team is responsible for managing the end-to-end credit process, from initial due diligence through to structuring, underwriting, approval and closing. During the programme, Summer Analysts may be aligned to Global Vendor Finance (GVF) or International Asset Finance (IAF Credit). GVF focuses on evaluating and underwriting new end-user credit opportunities, including the identification and assessment of strengths, weaknesses and risks and describing relevant mitigating factors. IAF Credit is responsible for underwriting and credit structuring of facilities originated by the International Asset Finance business of Bank of America, with exposure to asset finance solutions and key sectors including shipping, rail and other land transport. IAF Credit supports complex structured transactions ranging from large-ticket asset financing to general equipment financing solutions, with deal sizes ranging from $5MM to >$100MM. The team also manages credit monitoring for a portfolio of clients, including reviewing financial statements, assessing compliance with financial covenants, updating risk ratings, and preparing periodic status reviews. Programme Overview Our ten-week Summer Analyst programme is designed to offer you a comprehensive experience of life as a full-time credit analyst. During your internship, you will be aligned to either the Global Vendor Finance (GVF) or International Asset Finance (IAF Credit) team within Leasing Credit. Depending on your team alignment, you will support the evaluation and underwriting of new end-user credit opportunities and/or new asset finance transactions, as well as the monitoring of credit risk on existing transactions. This may include: Identifying and assessing strengths, weaknesses and risks, including credit, market, operational and structural risks Understanding transaction structures Assessing industry trends and collateral where relevant Identifying and describing mitigating factors You will also have an opportunity to learn more generally about Global Leasing, including other business units in EMEA and the Equipment Management group. Training and Development Your training and development are our top priorities 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: Performing extensive qualitative and quantitative credit analysis to assess a counterparty’s credit risk Compiling detailed credit memos and risk rating scorecards for new and existing clients Presenting recommendations to senior colleagues in both written and verbal format Supporting the evaluation of transaction structures and the assessment of risks and mitigating factors Working on in-flight projects and initiatives to support the Enterprise Credit mandate 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 2027 and July 2028. 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. Must be available to join the programme from June - August 2027 On track for a minimum 2:1 degree classification (or equivalent) What We Are Looking For Essential Strong analytical skills and good attention to detail Effective written and verbal communication; fluency in English is essential An inquisitive nature and a keen interest in the financial markets Must be able to interact effectively in a team environment as well as work independently with minimal guidance and direction. The ability to efficiently multi-task and be decisive are important to success. Strong interpersonal skills Results oriented, can accomplish objectives in a specified timeframe A moderate level of proficiency in Excel and other programmes within the Microsoft Office suite Desired Proficiency in a language other than English (although not a requirement) Salary and Benefits We offer a competitive Salary and Benefits package. Diversity and Inclusion 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, an