Global Corporate Banking Off-Cycle 2025 Analyst - Madrid

Global Corporate Banking, Off-Cycle Analyst (6 months)

Madrid, Spain

About Us

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 are 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 organisation.

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!

The Team:

Global Corporate Banking is focused on relationship management of global, large cap global corporate, managing the day-to-day relationship as well as origination of new business with specific responsibility for delivering financing, treasury and risk management advice and execution to our clients globally.

Programme Overview:

Our Off-Cycle Analyst programme is designed to offer you a broad and exciting experience of what it is like to work as a full time Corporate Banking analyst. During the internship you will be placed within the Iberia coverage team, working across a diverse range of industries and products across Spanish and Portuguese clients.

New joiner will be based in Madrid.

Training and Development:

Your training and development are our top priority 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 an off-cycle analyst, your key tasks and responsibilities may include but are not limited to:

• Assist Global Corporate Banking professionals in relationship management, origination, and execution across a diverse set of product areas (including Loan & Bond financing, FX and Interest Rate Derivatives, Cash Management, leasing, etc)
• Gain an in-depth understanding of our clients, the industries in which they operate and how the bank helps support both their growth aspirations and day-to-day banking requirements
• Provide market-informed judgments on a broad array of financing strategies to address clients' needs
• Help prepare financial models and analytical presentations to provide advice across capital structure
• Support on analysis, Due Diligence and elaboration of relevant Memos required for internal Business, Credit and Compliance approvals
• Become proficient at credit analysis and metrics used to price and structure various debt instruments
• Gain familiarity with the legal and documentation aspects of various debt instruments
• Work on live transactions and interact with clients as you build your network and experience
• Help to generate ideas and cross selling opportunities for new and existing clients
• Assist in the development of client specific analysis (e.g., capital structure, acquisition finance)
• Work closely with Investment Banking, Capital Markets and Global Transaction Services teams on client coverage and origination

     Eligibility:

• Candidates are required to be in their penultimate or ultimate year of study pursuing a degree from an accredited school or university with a graduation timeframe between April 2025 and June 2026
• This is a full-time position, and candidates must be available to start on July 7th 2025 for 6 month internship
• Applications are accepted from a diverse range of degree disciplines such as the arts and humanities, as well as numerically focused subjects such as economics and mathematics
• Fluency in both English and Spanish is essential

What we are looking for:

• You will need to demonstrate drive, innovation, and a genuine interest in the financial markets
• Teamwork, leadership, and problem-solving skills, plus creativity are key qualities, as is the ability to work in a fast-paced environment, multi-task and interact with a variety of people
• Analytical and problem-solving skills
• Influences decisions and outcomes through effective communication and interpersonal skills
• Integrity and ethics, earning trust and respect through consistent honesty and professionalism in all interactions

Our Recruitment Process

Analyst internship and full-time recruiting takes place on a rolling basis once our applications are open. Assessments often begin before the deadline, so it is best to submit your application early as this will give you the best chance of being considered for the role.

We care deeply about shaping the world of work to be an equal and inclusive one – and that starts with our recruitment process. We know just how important and valuable it is to have a wide range of skills, backgrounds and experiences shaping our work and ideas. We welcome applicants from all backgrounds, and we are proud to focus on attracting, retaining, and developing diverse talent within Bank of America. Together, we aim to mirror the customers, clients, and communities we serve.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, being pregnant or on maternity leave, socio-economic background, responsibilities for dependents, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.

What if I need workplace adjustments?

We are committed to ensuring our online application process provides an equal employment opportunity to all job seekers. If you need a workplace adjustment to search for a job opening, need help completing your application or video interview, please email juniortalentemea@bofa.com and let us know. We will get back to you within two business days.

We offer a competitive Salary and Benefits package