Enterprise Credit Analyst Program - 2025

Enterprise Credit overview

The Enterprise Credit organization is an integrated credit underwriting, monitoring and product management organization managing credit for clients in the bank’s eight lines of business including consumers, companies, and institutions. To deliver seamlessly for our clients, the Enterprise Credit team works with a large array of partners in Global Risk, Global Operations, Global Banking and Consumer & Small Business Banking.

For additional information on our eight-lines of business, please refer to the annual report.

Enterprise Credit analyst program

The Enterprise Credit Summer Analyst Program is a 10-week program that provides you broad exposure into our credit underwriting, monitoring, business controls and data management routines. The program emphasizes on-the-job training augmented by classroom instruction focused on technical, analytical, and professional skills.

Our goal is for you to have the opportunity to build upon your academic foundation - specifically technical skills, industry knowledge and familiarity with a corporate environment - while pursuing your career, based on your interests and background. Your training and development is our top priority, with extensive formal training offered at the start of the program and on-the-job support, events, and mentorship throughout.

The Enterprise Credit program has five tracks to support the eight lines of business. The tracks include:

• Consumer Credit
• Global Wealth & Investment Management Credit (Supporting our Merrill and Private Bank clients)
• Global Commercial Banking (GCB), Asset Based Finance and Commercial Real Estate Credit
• Global Corporate & Investment Banking and Global Markets Credit
• Data and Analytics and Business Controls/Process Optimization

This job requisition is for the Consumer Credit track.

Consumer Credit:

Candidates for this credit portfolio need a strong understanding of accounting principles to evaluate personal financial statements. The teams supporting credit for Consumer clients are structured by product groups:

• Mortgage loans - Support clients with their home purchase or refinancing
• Home Equity line/loans - Support clients with using the equity in their home
• Vehicle financing - Support clients with a vehicle purchase or refinancing
• Credit cards - Support clients with an array of credit card products

Within the Consumer Credit organization, we also have data analytics, process optimization and end-to-end product management teams. These teams support the Consumer Credit organization with management routines, data and process requirements to ensure the business runs at optimal performance.

What to expect day to day

Over the 10-week program, you will participate in a variety of day-to-day activities depending on the credit portfolio to which you are aligned. You will be paired with a team of credit professionals to support clients in our Consumer banking business. Potential activities include:

• Analysis of client financial information, identification/mitigation of potential risks, compliance with regulatory requirements and evaluation of collateral in determination of credit worthiness
• Participate in loan structure conversations and completion of loan documentation
• Complete monitoring activities
• Review and evaluate collateral to ensure appropriate requirements are met
• Review completed client requests to ensure compliance with policy and procedures and assess if business controls are appropriate
• Participate in the end-to-end data management process to understand how credit data is used internally and provided to regulatory partners

Locations

Charlotte & Phoenix

Qualifications

• Candidates are required to be pursuing a bachelor’s degree from an accredited college or university with a graduation timeframe between December 2025 and June 2026
• 3.2 minimum GPA preferred
• A history of high achievement
• Common areas of study include but are not limited to:
  • Personal/Corporate Finance
  • Business Administration
  • Accounting
  • Information Systems
  • Economics
  • Other related majors
• Candidates should possess a high level of intellectual curiosity, a drive for operational excellence, and a commitment to achieving sustainable results.
• Additionally, students should hold strong academic and technical skills in Microsoft Office, as well as show proficiencies in leadership, teamwork, problem solving & analytical skills, verbal and written communication, and professionalism.

Bank of America is unable to consider candidates that will require visa sponsorship now, or in the future, for this specific role.

Bank of America does not complete third party forms from colleges, universities, or other parties.

Full / Part-time: Fulltime

Hours Per Week: 40.00

Shift: 1st Shift

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading.