The Global Quantitative Management Summer Analyst Program is an internship programme which is a forerunner to the Quantitative Management Analyst Program (QMAP), which is intended to create and mentor logical and quantitative ability to be sent all through different Bank of America Merrill Lynch business bunches.

As an Intern inside Quantitative Management, you will:

Apply quantitative investigation to business issues and create arrangements in territories of Derivatives and Exotics, Price Verification, Model Validation/Model Risk Management, and Counterparty Credit Risk. Actualize arrangements applying both subjective and quantitative viewpoints in capital markets, fund, and hazard administration; Use demonstrating systems to measure and decide answers for business issues and increase genuine, inside and out experience applying quantitative learning to particular budgetary difficulties

Your obligations may include:

Creating rising danger appraisals, credit chance situation investigation, and in addition demonstrating with respect to some of our key hazard components

Administration of pro ventures and procedures identified with hazard administration

Set up hazard administration strategies, limits, benchmarks, controls, measurements and edges, inside the characterized corporate norms

Execute arrangements applying both subjective and quantitative

Utilize displaying strategies to measure and decide answers for business issues

Increase genuine, inside and out experience applying quantitative information to particular budgetary difficulties

Application Process

Competitors are required to make an online application by means of our Bank of America application framework notwithstanding any resume drop you might be required to partake in by means of your vocations benefit office. Everybody who is chosen at application audit stage will be welcome to partake in a meeting. Both first and second round meetings (where material) will happen by telephone, on grounds or at a Bank of America office. These meetings are ordinarily led by one of the business delegates from the business zone you are applying to.

Before applying we urge you to look into the business, our organization and groups to concentrate your application on your zone of intrigue. Watch that you meet a particular section necessities on the point by point set of working responsibilities before continuing.

Course of Events

For circumstances in the U.S., applications over our Full Time and Summer Internship programs open from August 15. The groups enlist on a moving premise and applications will close once positions have been filled. The enrolling procedure for these parts normally happens from August to November for Full Time positions and from September to March for Summer Internship enlisting (contingent upon program of intrigue). Summer temporary jobs as a rule keep running for 10 weeks amongst June and August with Full Time new contracts beginning in the mid year.

For circumstances in Canada, the application and enrolling process ordinarily happens from August to September for Full Time positions and from November to January for Summer Internship enlisting (contingent upon program of intrigue).

All our enrolling timetables and procedures over the U.S. and Canada may fluctuate by school; thusly we urge you to allude to your Career Services group for more data.