Veterans Associate Program (VAP)

Bank of America • New York, NY

11d • Onsite

About The Position

The Veterans Associate Program (VAP) is an elite 13-week rotational program designed for recently transitioned Veterans. VAP offers veterans the opportunity to rotate through multiple desks and groups across Global Banking & Global Markets. Historical VAP rotational placements have included: Investment Banking, Capital Markets, Commercial Banking, Sales & Trading, Research, Public Finance, Prime Brokerage, Municipal Banking & Markets. The program allows participants to explore new career opportunities in the financial services industry while working at one of the world’s leading financial institutions. Veterans will receive on-the-job training, market compensation and be immersed in day-to-day industry experiences. The program is highly engaging and programmatically structured with a combination of classroom instruction, e-learning modules, educational speaker series, case studies and presentations. Participants will benefit from mentorship, access across the entire bank, and peer and professional networking.

Requirements

• BS/BA degree with outstanding academic qualifications
• Complete with Active Military commitment within the past five years and / or currently serving in the Military Reserves or National Guard required
• Commissioned officer or strong enlisted members
• Strong quantitative / analytical skills; numeric and problem-solving orientation
• Organizational skills
• Attention to detail
• Distinguished verbal and written communication skills, ability to present complex material in a simple manner
• Strong interpersonal skills and interest in working with clients (majority of roles are client facing and/or require an interest in facing off with clients)
• Proficiency in Microsoft Office programs (emphasis on Excel and PowerPoint)
• Familiarity with market data sources a plus
• Applicants must be available to participate in the full duration of the program in New York City.
• Current geographic deployment is not factored into programmatic approach and design (domestic or abroad)
• No exceptions will be granted
• Applicants should consider their long-term career interest in financial services and whether this type of program is best suited to those interested
• Veterans considering and/or have already applied to business school are encouraged to apply through our campus MBA recruiting efforts
• Veterans seeking immediate hire for open roles at the bank should apply through our lateral recruiting efforts and will not be considered for this program

Nice To Haves

• Degree concentrations in Finance, Economics, Applied Mathematics, Physics, Engineering, Computer Science, Statistics or Finance-related degree desired
• Understanding of accounting, financial modeling, and corporate finance (job specific)
• Working knowledge of financial statements
• Some roles may require knowledge of at least one programming language (including but not limited to Java, C, C++, Scala, Perl, R, Slang, etc.)
• In these cases, experience in statistics or machine learning a plus
• Database including NoSQL or column stores and data visualization experience also a plus

Responsibilities

• Adhering to the highest degree of professional standards and strict client confidentiality
• Coordinating the activities of team members and clients with minimal supervision while taking on new responsibilities
• Building relationships and facilitating the information flow across a wide array of products and businesses
• Conducting industry and product research, database maintenance and/or writing reports
• Preparing pitch books, live deal materials and economic and market updates
• Pitching new business
• Analyzing detailed corporate and financial information, as well as conducting due diligence
• Performing complex financial modeling & valuation work (discounted cash flow, pro forma merger, precedent transaction, comparable company analysis, etc.)
• Idea generation and seeking out new, value-added, and/or unusual sources of information

Benefits

• Access to paid time off
• Resources and support to our employees
• Industry-leading benefits
• Competitive benefits to support their physical, emotional, and financial well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level