Investment Banking, Off-Cycle Analyst
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:
The Investment Banking division is organized across industry, country, and product coverage teams. Industry teams include Consumer and Retail; Natural Resources; Financial Institutions; Financial Sponsors; Healthcare; Multi-Industries; Real Estate, Gaming and Leisure; and Technology, Media and Telecoms amongst others. Product teams cover Mergers and Acquisitions and Leveraged Finance and country teams cover all regions in Europe, Middle East and Africa (EMEA) and are partially or fully based in regional offices. Coverage teams work together across the Investment Banking division to provide solutions to our clients on a range of strategic topics covering corporate finance, mergers and acquisitions and capital markets advice.


Programme Overview
Our Off-cycle Analyst programme is designed to offer you a broad and exciting experience of work within Investment Banking. During your internship, you’ll be gaining exposure to a variety of industry, country or product coverage teams.


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:

• Work on projects alongside bankers in specific industry, product and country coverage groups providing you with a unique learning opportunity
• Help the team deliver solutions to clients leveraging the full spectrum of the bank's capabilities
• Actively contribute to the preparation of client presentations and underlying financial analysis
• Build relationships, knowledge and experience that will open doors to a wide range of future career opportunities
• Actively participate in executing transactions, including work with clients as well as representatives of other investment banks and other advisors

Eligibility

• Candidates are required to be pursuing either an undergraduate or postgraduate degree from an accredited college or university, with a graduation timeframe between April 2025 and June 2026, or recent graduates for roles starting from September 2025
• Must be available to join the programme anytime from January until December 2025

What we are looking for
Essential:

• Fluency in English is essential for all roles and a fluency in Spanish is a strong preference
• 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
• Display analytical and problem-solving skills
• Influence decisions and outcomes through effective communication and interpersonal skills
• Demonstrate integrity and ethics by earning other’s trust and respect through consistent honesty and professionalism in all interactions

Desired:

• For some roles within Emerging Markets (including sub-Sahara Africa, Russia and China), a knowledge of those regions is required

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’s 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’re 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 dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.


What if I need workplace adjustments?
We’re 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 be more than happy to discuss the support you need, and we will respond to your email within two business days.


We offer a competitive Salary and Benefits package