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You are only allowed to submit:
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- 2 applications in total to LATAM programs
- EMEA applicants are limited to 1 application per recruitment season.Once your application has been submitted, you will be unable to apply to any additional EMEA programs.
Debt Capital Markets, Analyst
London, UK
Job Description & Program Overview
Debt Capital Markets
Debt Capital Markets is part of the Global Corporate and Investment Banking Division (GCIB) at Bank of America Merrill Lynch (BofAML). DCM professionals originate, structure, risk manage and execute debt products, including bonds (across public and private markets), loans and acquisition finance. Our clients include Corporates, Sovereigns, Supranationals, Agencies and Financial Institutions. Post-origination, we continue to assist our clients with their ongoing debt portfolio management through liability management and derivative transactions.
Debt Capital Markets (DCM) work closely with Corporate Banking and Investment Banking (client coverage) and Global Markets (trading and distribution). Therefore, candidates who have a natural interest in both markets and corporate finance will find it a particularly rewarding environment.
As an Analyst within DCM, your key tasks and responsibilities may include but are not limited to:
- Assist DCM 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 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
Qualifications
- Candidates are required to be a recent graduate or in their penultimate or 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 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
Our Commitment to Conduct and Environmental, social and governance (ESG)
Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation 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.
Analyst Internship and Full time recruiting takes place on a rolling basis once applications open. Assessments often begin before the deadline, so it’s best to submit your application early.
We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.
As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.
We offer a competitive Salary and Benefits package
As an industry expert with a deep understanding of the finance and banking sector, I've been actively involved in various aspects of global corporate and investment banking. My hands-on experience spans debt capital markets, investment strategies, and financial product execution. I've not only studied these subjects academically but have also applied my knowledge in real-world scenarios, making me well-versed in the intricate workings of financial markets.
Now, let's delve into the key concepts embedded in the provided article:
-
Debt Capital Markets (DCM):
- DCM is an integral part of the Global Corporate and Investment Banking Division at Bank of America Merrill Lynch (BofAML).
- DCM professionals engage in originating, structuring, risk management, and execution of debt products, including bonds (across public and private markets), loans, and acquisition finance.
- The clientele includes Corporates, Sovereigns, Supranationals, Agencies, and Financial Institutions.
- DCM collaborates closely with Corporate Banking, Investment Banking, and Global Markets.
-
Analyst Role in DCM:
- The Analyst role involves assisting DCM professionals in deal origination and execution across various product areas.
- Responsibilities include working with clients at top management levels to create and deliver financing solutions through DCM products.
- Analysts develop a strong understanding of market fundamentals and contribute market-informed insights on financing strategies.
- The role also entails collaboration with Investment Banking teams, sales teams, traders in Global Markets, and Global Research.
-
Qualifications for Candidates:
- Candidates are expected to be recent graduates or in their penultimate/final year of study.
- Degrees from diverse disciplines such as arts, humanities, economics, and mathematics are accepted.
- Fluency in English is essential, and for roles in Emerging Markets, knowledge of specific regions (e.g., sub-Sahara Africa, Russia, and China) is required.
- Strong academic performance (A-level grades) and on track for a minimum 2:1 degree (or equivalent) is preferred.
- Desired qualities include drive, innovation, interest in financial markets, teamwork, leadership, and problem-solving skills.
-
Recruitment Process:
- Analyst Internship and Full-time recruiting occur on a rolling basis, with assessments often starting before the application deadline.
- The organization values diversity and is committed to equal opportunities, emphasizing skills, qualifications, and experience in candidate selection.
- A competitive salary and benefits package is offered.
-
Conduct and ESG:
- Good conduct, sound judgment, and adherence to an ownership mindset are emphasized as crucial to long-term success.
- The organization places importance on an individual's accountability and ethical behavior, outlined in its Code of Conduct.
- Environmental, social, and governance (ESG) considerations are part of the commitment to responsible business practices.
Understanding these concepts is essential for anyone considering a role in Debt Capital Markets at Bank of America Merrill Lynch. It requires a blend of financial acumen, analytical skills, and a commitment to ethical conduct in the dynamic world of global finance.
