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ClickEMEA | London | Global Corporate and Investment Banking | Off Cycle Internship
Bank of America Merrill Lynch
| Pay: | £Salary - see website for more information |
| Internship Type: | Summer Internship, Winter Internship, Industrial Placement, Spring Internship, Autumn Internship |
| Length of Scheme: | Up to 6 months or longer |
| Deadline date: | 31/01/2018 |
| Location: | London United Kingdom |
| Category: | Internship |
| Available from: | Immediately |
| Finishes on: | Ongoing Position |
| Type of work: | Full Time, Indoor |
| Job reference: | E02579612 |
Job Description
Global Corporate and Investment Banking (GCIB) provides advice and services to large corporations, governments and institutions around the world. GCIB provides the firm’s clients with a broad range of services and products, including mergers and acquisitions and strategic advice, lending, access to debt and equity capital markets, treasury services and tailored risk management solutions.
Global Corporate and Investment Banking is split into four areas:- Corporate Banking
- Debt Capital Markets
- Equity Capital Markets
- Investment Banking
Corporate Banking
As an Off-cycle Analyst within Corporate Banking, you will:
- Assist Global Corporate Banking professionals in relationship management, origination and execution across a diverse set of product areas
- 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' specific needs
- Become proficient at credit analytics and the various metrics used to price and structure various debt instruments
- Gain familiarity with the legal and documentation aspects of various debt instruments as key step in debt execution
- 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 teams on client coverage and origination
Debt Capital Markets and Equity Capital Markets
As an Off-cycle Analyst within ECM or DCM, your key tasks and responsibilities may include but are not limited to:
- Assist DCM or ECM professionals with deal origination and execution across a diverse range of product areas
- Work as a product specialist directly with our clients at top management level to create and deliver financing solutions through ECM (equity, equity-linked and/or derivative) or DCM (bonds, loans, FX and rates) products
- Develop a strong understanding of market fundamentals and be able to make market-informed contributions on a broad array of financing strategies that address clients’ specific needs
- Design highly tailored presentations for clients to outline solutions to their financing needs (e.g. general corporate financing, acquisition financing)
- Work on live transactions and interact with clients and professionals from across the bank as you build your network and experience
- Work closely with Investment Banking teams on client coverage and origination
- Work with sales teams and traders in Global Markets to coordinate and manage live deal executions, and liaise with Global Research to stay informed on the latest market developments
Investment Banking
As Off-cycle Analyst within Investment Banking, 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 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
- Through our unique pooling system, you will have the opportunity to work across multiple areas, giving you a first-hand understanding of the investment banking profession and offer you the chance to explore your best fit for full-time placement
Qualifications
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Qualifications
- Candidates are required to be a recent graduate or in their final year of study pursuing a degree from an accredited college or university
- 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 English is essential for all roles. For some roles fluency in Russian, Arabic or Mandarin is essential to support the Global Banking and Markets business area and the activities of the division and managing international client relationships
- For some roles within Emerging Markets (including sub-Sahara Africa, Russia and China), a knowledge of those regions is required so that support in the marketing of products, advising and coordinating the marketing effort to existing and potential investor base in the emerging markets region can be provided
- Strong A-level grades and on track for a minimum 2:1 degree (or equivalent)
- You'll need to demonstrate drive, innovation and a genuine interest in the financial markets
- Team-work, 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
- Displays analytical and problem-solving skills
- Influences decisions and outcomes through effective communication and interpersonal skills
- Demonstrates integrity and ethics by earning other’s trust and respect through consistent honesty and professionalism in all interactions
Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organization understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
