Job Description & Program Overview
Bank of America is seeking a Summer Analyst for the Real Estate Structured Finance Group (RESF), which is the commercial real estate finance, origination, and distribution group within Bank of America’s Global Mortgages & Securitized Products Group (GMSP) within the Global Markets division.
The Global Markets business offers sales and trading services, including research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. Global Markets product coverage includes securities and derivative products in the primary and secondary markets.
GMSP is responsible for originating, structuring and securitizing bonds backed by various types of collateral to provide liquidity and funding to a wide range of financial institutions, public companies, and financial sponsors; providing secured asset-based financing; advising financial institutions on asset and platform acquisitions and dispositions; and opportunistic lending situations.
RESF focuses on the origination, structuring and distribution of Commercial Mortgage-Backed Securities (CMBS) which are typically backed by Bank of America originated loans collateralized by all commercial real estate property types across the US and Canada. RESF also focuses on commercial mortgage balance sheet lending, commercial real estate backed CLOs and securities underwriting for institutional clients. RESF’s team is based in New York with additional offices in Charlotte, Newport Beach, Seattle, Atlanta, and Austin.
As a RESF Summer Analyst, over the 10-week program, you will be offered hands-on work experience on live transactions, junior and senior mentorship, senior management exposure and client exposure. You will also have the opportunity to participate in formal training and orientation, speaker events, and volunteer and networking opportunities along with all other Summer Analysts under Global Markets.
LOCATION: One Bryant Park, New York
PRIMARY RESPONSIBILITIES
Financial modeling for commercial real estate properties
Perform credit analysis and market research on financing opportunities
Present potential transactions to senior management
Create presentations for CMBS bond investors
Conduct property site visits
Maintain origination pipeline for senior originators
QUALIFICATIONS
Candidates must be pursuing a Bachelor’s degree or a Bachelor’s direct to Master’s degree from an accredited college or university with a graduation timeframe between November 2027 and August 2028
3.2 minimum GPA preferred
Preferred course work: commercial real estate, corporate finance, commercial or investment banking
Strong financial modeling skills specifically with Microsoft Excel
Strong business writing acumen
Able to work well in a fast-paced, dynamic environment that requires critical thinking and problem solving
Must be collaborative and comfortable communicating in a team-oriented environment
Highly motivated and able work independently
Bank of America does not complete third party forms from colleges, universities, or other parties.
Pay and benefits information for the states of California, Colorado, Connecticut, Hawaii, Illinois, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New York, Rhode Island, Vermont, Washington, and for Cleveland, Ohio and Washington, DC.
