Prime Brokerage Account Management Off-Cycle 2025 Analyst - London

at  Bank of America

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!

PROGRAMME OVERVIEW

• Our off-cycle interns participate in a 12 month programme within Account Management in Prime Brokerage.
• Mirroring the role of full-time account managers, this program acts as a unique opportunity to gain exposure to life in Account Management; strengthening relationships with our hedge fund clients through excellent servicing of accounts, seeking commercial opportunities to drive business in the future and proactively spotting efficiency improvements to reduce risks and enhance existing processes.
• The role encompasses a wide array of responsibilities from
• Client relationship management - helping a client trade a new product/market with the bank or exploring cross selling opportunities.
• Platform Management – Assisting in efficiency/ data projects.
• Risk and Regulatory – You would be working with our risk teams on collateral management and product teams on upcoming regulatory projects.
• Client Profitability – Working with finance teams on ensuring we are maximising revenues and asset yields.
• Operations Management – Working with our various operations teams to ensure optimal client experience across our systems and platform.
• Given the off-cycle internship acts as a hiring channel for our Prime Brokerage graduate program, you will be given responsibilities early and will be relied on to make a significant contribution to the team and to the clients whose relationships you manage.

• Gain an in-depth introduction to the bank, its culture and global reach, alongside other newly hired analysts.
• Build material relationships through direct interaction with our hedge fund clients whilst servicing accounts efficiently and effectively.
• Learn from teams of professionals across the bank, whilst working within experienced coverage teams, to enhance knowledge of Prime Brokerage products, processes and the trading strategies of our clients.
• Produce in depth profitability analysis of your sub set of clients to help highlight business growth opportunities and prospective revenue adjacencies.
• In addition to regular responsibilities, collaborate on exciting and challenging longer-term projects that will continue throughout the internship period, such as identification and implementation of operational efficiency improvements to streamline processes.