Strategy & Management Summer Associate Program

Job Description

About Bank Of America

Bank of America is a global financial services firm driven by the purpose of helping to make financial lives better through strong connections. The company operates under the principle of Responsible Growth, guiding its daily operations for clients, teammates, communities, and shareholders.

Bank of America is committed to being a diverse and inclusive workplace, valuing individuals from a broad range of backgrounds and experiences. They heavily invest in their teammates and their families, offering competitive benefits to support their physical, emotional, and financial well-being. The company embraces both the importance of working together and offering flexibility through a multi-faceted approach tailored to various roles.

Working at Bank of America provides a robust career path with ample opportunities for learning, growth, and making a significant impact. The firm is recognized as a leading consumer financial services organization globally, serving over 66 million clients with a team of 70,000+ teammates. In 2021 alone, it received 125+ industry awards, including accolades for Best Bank, Digital Bank, Most Innovative Bank, #1 for Client Experience, Best Bank for Small Businesses, Top Company for Diversity Leadership, and Best Workplace for Women. With 10 billion annual client interactions, 4,000+ financial centers nationwide, and cutting-edge expertise demonstrated by 4,000 patents and 6,000 teammates who are inventors, Bank of America provides a platform to shape industries. Employees also benefit from dedicated career support from the Campus team and professional development through the Award-Winning Academy at Bank of America.

Strategy & Management Summer Associate Program – Job Description

The Strategy & Management Summer Associate Program offers an exclusive preview of Bank of America’s elite, two-year Strategy and Management Program. The full program is designed to develop future corporate leaders by providing direct experience in Digital Technologies, FinTech, Strategy, Innovation, and Management.

As a summer intern, you will be part of the Bank of America Strategy and Business Ventures team, which functions as an internal strategic consulting group. This team is instrumental in driving strategic growth initiatives across the bank’s core business units. Interns will gain exposure to various parts of the business and learn to develop, test, launch, and operationalize new strategies aimed at better serving clients.

The program includes a comprehensive training curriculum, taught by BofA and industry experts, focusing on developing general manager capabilities. You will acquire high-fidelity learning opportunities in broadly relevant skills such as research, modeling, presentations, problem-solving methodologies, data visualization, and storytelling, alongside exposure to a diverse array of people, processes, and organizations within the bank. As a Strategy & Business Ventures teammate, you will contribute to building and accelerating new business capabilities in areas like client experience, product innovation, FinTech, strategic ventures, and portfolio management.

As a Strategy & Management Summer intern, you will:

• Gain an in-depth understanding of business and client needs by supporting high-priority strategic initiatives across various business units like Product, Digital, and Small Business.
• Design and execute qualitative and/or quantitative analyses to test and analyze hypotheses.
• Synthesize findings, develop recommendations, and effectively communicate solutions to internal stakeholders.
• Collaborate with a diverse group of high-performing peers and leaders within project teams.
• Obtain extensive business understanding and explore opportunities through exposure to senior leaders and industry-recognized experts.
• Partner with other interns across the firm to participate in bank-sponsored volunteer and environmental, social, & governance (ESG) initiatives.

Required Qualifications:

• Must be a graduate student enrolled in a full-time MBA or master’s degree program from an accredited college or university.
• Graduation timeframe must be between December 2026 and August 2027.
• Pursuing a field that includes, but is not limited to: Management, Economics, Finance, Mathematics, Data Analysis, FinTech, Product Management, Project Management.
• Possess 3-5 years of work experience between your bachelor’s and MBA or master’s degree, with a demonstrated record of achievement.
• A 3.2 minimum GPA is preferred.
• A history of high achievement and a highly motivated self-starter.
• Demonstrates curiosity and a growth mindset, capable of adapting to change quickly with a positive manner.
• Excited about solving problems.
• Appreciates an environment that supports learning, innovation, and intelligent risk-taking.
• Demonstrates analytic problem-solving skills with a creative outlook.
• Builds and nurtures strong relationships, while collaborating effectively to achieve goals.
• Demonstrates strong logical reasoning, listening, communication, and presentation skills.

Desired Skills:

• Excitement about enabling financial service solutions for Consumer & Small Business clients and reimagining the future of banking.
• Experience as part of high-performing teams or organizations.
• Experience leading and organizing projects.

Important Notes:

• Bank of America is unable to consider candidates who will require visa sponsorship now, or in the future, for this specific role.
• If offered a full-time opportunity following your internship, you will need to be geographically flexible with regards to your work location to be eligible.
• To ensure you receive all application updates, add the domain ‘@bankcampuscareers.tal.net’ to your approved emails.
• Travel: On needs basis.
• Employment Type: Full-time.
• Hours Per Week: 40.00.
• Shift: 1st Shift.
• Location: Charlotte, NC, Boston, MA, New York, NY.