Global Markets Intern at Bank of America

Top Employer
Duration
Virtual Experience
Region
London Central London and City
Review Date
Salary
£30,000+
Roles
Banking/Finance

Connect with this company

Bank of America is a Top Employer

9.3/10

The Role
9.8
Organisation
8.8

Socialising

9.0

About You

Role Description

I was part of a leading business in sales and trading services to institutional clients across fixed-income, credit, currency, commodity and equity businesses.

1. To what extent did you enjoy the virtual experience?

I thought the virtual experience was incredible! The team at Bank of America really went above and beyond to make the experience as interactive and enjoyable as possible. We were able to partake in a number of presentations from a series of speakers and also had the opportunity to speak with a lot of Bank of America employees who gave us valuable advice. I really enjoyed my experience and I definitely learnt a lot during my internship.

10/10

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2. To what extent did you feel valued during your time at the company or firm?

I felt incredibly valued over the course of my internship. From the beginning fo my rotation I was put in contact with many different people on different desks who I was able to reach out to with any questions and get advice from. My team really went out of their way to involve me in their every day work life and they always made time to go over anything that I was confused about. Also, everyone I spoke to dialled in and listened to my final presentation which showed that they really cared about my progression within the bank.

10/10

3. How much guidance/support did you receive during the virtual experience?

I was assigned a mentor, buddy and manager from the beginning of my rotation who all supported me massively throughout my experience. I was able to reach out to my buddy and ask any general questions about my role and my manager was incredibly helpful with all of the tasks I was given. As well as this, every single person I spoke to really wanted to support me throughout their experience and I always had someone to turn to if I needed help. My HR contact was also always there for me, which I really appreciated.

10/10

4. To what extent did/will the skills you developed, and information you received, assist you in your degree studies and beyond?

I really feel like I learnt a lot throughout this experience, not only about the role that I will be doing next year but also about how to interact with people in a work setting, what skills are needed to succeed in the bank and also about the culture of the bank itself. I learnt so much about the intricacies of the role I will be doing, as well as enhancing my Bloomberg, excel and powerpoint presentation skills. I have also become a lot more confident in my own abilities as a result of all the interactions i had with senior team members and the presentations that I did.

10/10

The Organisation

5. How well structured was the virtual experience?

The virtual experience was incredibly well structured. I was given a full timetable every day and there was always something I could be getting involved in. I never felt as if I had nothing to do and all of the tasks and activities I took part in were stimulating and challenging. There were only a few technical difficulties which were unavoidable and were solved quickly. It was obvious that a lot of time and effort was put into making the experience as full and enjoyable as possible and it truly was an incredible experience.

9/10

6. How was the general atmosphere during your virtual experience?

The general atmosphere during my internship was just overwhelmingly positive and enjoyable, while also challenging in a good way. All of my experiences with different team members on my desk and within the first few weeks of training were great. It was a positive and hardworking environment throughout and I was supported the entire time by my fellow interns, HR and especially by members of the team I was joining. I was able to work hard and learn a lot while still enjoying my experience and getting to know different people on the team because everyone was very aware and understanding of the difficulties of completing an internship virtually and went out of their way to make my experience as positive as possible.

10/10

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7. In terms of personal training and development, to what extent did the company or firm invest in you?

The bank really spent a lot of time and effort making sure that I was developing as much as possible. My manager set out a schedule for my time on the desk with different tasks that made sure I was able to speak to everyone on the team. I also presented to the team a few times and each time, different team members came to me with support and feedback on how I could improve my presentation skills for the next task. I was really supported throughout by the whole team.

10/10

8. To what extent did the virtual experience help you to understand what it would be like to have a full time role with the company or firm?

I think I got a really great understanding of what at would be like to work at the bank. I was in contact with different members of my team all day and was able to see what they were doing and learn about their roles. I also had a buddy who had just joined the year before me who was really incredible and supported me throughout by explaining each of her tasks and what would be expected of me when I joined.

10/10

9. How much did the virtual experience help you in understanding the company culture?

We had a series of talks from different senior people in the bank who spoke about the bank's culture. I think we were given a really thorough understanding of the values of the bank from the beginning. Then, throughout the entirety of the experience we were able to work with people in different teams and really see how these values were expressed in the day to day life of everyone in the bank. It became obvious that the everyone in the bank really lived and breathed the values that the bank stood for.

10/10

10. How valuable was the content in helping you to decide on your future career path?

I think this experience was invaluable in the sense that I was able to spend time with many different people from different desks in the areas that I was interested in and get a really good understanding of their day to day roles. From this, I was able to ascertain where best I would want to work. Each person I spoke to told me about their progression into their current roles and gave me advice about how to pick where I wanted to end up.

10/10

Other Information

11. Were you paid or reimbursed adequately for this experience?

Before the internship was changed to a virtual experience, I signed a contract which outlined my salary for my time at the bank. This contract was honoured fully even though the internship was shortened from 10 weeks to 6, and was completely virtual. In other words, I was paid for 10 weeks of work when I was only able to do 6. The bank also offered to reimburse any expenses that may have been lost due to the fact that the internship became virtual.

12. Were there opportunities for networking and meeting other employees of the company or firm?

There were countless opportunities for networking and meeting people throughout the entirety of the internship. I was put in contact with everyone on the desk on the first day of my rotation and was able to reach out to all of them. Every person, regardless of seniority, took time to call me and help me understand their roles and answer any questions I had. There were also various intern networking events in the evenings which were great.

10/10

13. How were the networking/ social event opportunities?

The networking events were really valuable. They were more of a Q&A session with members of different teams and we were able to gain some insight into the roles of different desks. There was also an intern quiz which was a fun activity that allowed us to bond with some of the other interns. Obviously, virtual networking cannot compare to real life networking but everyone made the most of the situation and we were really able to learn a lot from eachother.

8/10

14. Did you find out about activities that employees can get involved in outside of work?

Yes we found out about the different groups that we could be involved in such as the LGBTQ+ group or the group in support of those with disabilities. We were also able to take part in an ESG project where we tackled a social problem that the bank was dealing with which was to do with their charity giving. We were not able to find out if the bank has any sports teams or active groups outside of work.

8/10

15. Would you recommend this virtual experience to a friend?

I would definitely recommend this virtual experience to a friend. I was able to meet and interact with so many different employees virtually and every single person I spoke to went out of their way to help me as much as possible. I really felt as though I was a valued member of the team throughout and I learnt so much just from speaking to different people and learning about their experiences within the bank.

10/10

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