Bank of America is inviting applications for the post of Summer Analyst for the year 2022. Here is everything that you need to know about this Bank of America Summer Analyst Internship!
About Bank of America
The Bank of America Corporation, based in Charlotte, North Carolina, is an American global investment bank and financial services holding corporation. The bank was formed in San Francisco and purchased by NationsBank of Charlotte in 1998, when it took on its current form. After JPMorgan Chase, it is the second biggest bank in the United States and the eighth largest bank in the world. Bank of America is one of the United States’ Big Four financial organisations. It competes with JPMorgan Chase, Citigroup, and Wells Fargo for roughly 10.73 percent of all American bank deposits. Commercial banking, wealth management, and investment banking are the company’s core financial services.
Program Description
Corporate Audit – Summer Analyst Program
Overview
Summer Analysts in the Asia Pacific area participate in an 8- to 10-week programme, depending on location, that is meant to provide you with a unique chance to get experience in corporate auditing. The programme begins with a firm-wide orientation and continues with training, networking events, and social activities throughout the internship. You’ll be given responsibility early on and expected to contribute significantly to the team. Internships, like full-time jobs, feature goal-setting and a formal assessment process, as well as lots of opportunities to engage and collaborate with colleagues at all levels of management.
Roles & Responsibilities
As a summer analyst, your role during the program will provide you with an opportunity to contribute to the work of the audit team in delivering their planned audit coverage. Your responsibilities may include:
- Develop a working knowledge of corporate auditing policies and procedures (P&P).
- Participating in audits and reviews, as well as assisting with the implementation of audit plans.
- Understanding the Global Banking and Markets (GBAM) and Enterprise Control Functions business processes (ECF).
- Validating the company’s risk management operations by testing key processes and controls throughout the organisation.
- Work is being documented in accordance with Corporate Audit documentation standards.
- Assisting the Audit team with submissions and processes to the Governance Committee.
- Issue Validation operations are being carried out.
Qualifications
- Penultimate year student
- Outstanding academic achievement
Required Skills & Abilities
- Controls and processes aptitude.
- Ability to think quantitatively and analytically.
- Communication abilities that work (both written and verbal).
- Changeable and able to adapt to changing needs and requirements.
- Team player with a lot of potential.
- Exhibits vigour and determination.
- Problem-solving and creative thinking skills.
How To Apply For This Internship?
To apply for the Bank of America Summer Analyst internship, click here.
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