Veterans Associate Program (VAP)

Job Description: Program Overview: 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 our 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. Program Location and Dates: VAP 2027 takes place in New York City in the Spring March 8, 2027 – June 4, 2027 Program Structure: The VAP model is highly engaging and programmatically structured: One week of formal intense technical, organizational structure, divisional/business and soft skill set developmental training Two six-week rotations Combination of classroom instruction, e-learning modules, educational speaker series, case studies and presentations from/to line of business throughout program Mentorship and access across the entire bank Peer and professional networking throughout the full cycle of the program Veterans will receive on-the-job training, market compensation and be immersed in day-to-day industry experiences. 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. Our veterans will work on cutting-edge problems and help develop innovative solutions in all aspects of client coverage and deal execution including: 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 2027 Program Logistics: 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 A full list of all bank career opportunities can be found at bankofamerica.com/careers Program participants who are extended Full-Time offers at the completion of this 13-week program must be prepared to begin work on or about July 19, 2027 Veterans may also be required to complete Summer & Full-Time Training in July 2027 as part of Program Management for new incoming Associates Market specific specialized licensing and certification may be mandatory post completion of the program (depending on LOB and role including but not limited to Series 7, 55, 63, 79) All rotations during VAP and Full-Time placements will either be in the New York or New Jersey regions Qualifications: VAP candidates must demonstrate a combination of relevant experience, ability to multi-task various projects concurrently, adaptability in an ever-changing market driven environment, strong interest in global financial markets, academic aptitude, track record of superior performance in extracurricular and professional activities, and strategic/creative thinking. Some common driving characteristics we look for include team focus, decisiveness, initiative, strong work ethic, highly motivated, assertiveness, dynamic, ability to grasp concepts quickly. Required: 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); and familiarity with market data sources a plus Enhancing skills: 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 Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - NY - New York - 115 W 42nd St - BANK OF AMERICA TOWER AT ONE BRYANT PARK (NY5362) Pay and benefits information Pay range $40.06 - $40.06 hourly pay, offers to be determined based on experience, education and skill set. Predictable pay This role is compensated with a base salary and is not incentive eligible. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity. Getting started Regardless of the position you are interested in, the starting points to building your resume are the same: 1. Determine the job or types of jobs you want to do and research their responsibilities and qualifications. 2. Think about why you can do the job and make a list of your skills that are relative to the job. 3. Identify experiences or accomplishments that show your proficiency in the skills required for the job. 4. Summarize your abilities, accomplishments and skills into a brief, concise document. Considerations when writing a resume • Do be brief. Resumes should be 1-2 pages in length. • Do be upbeat and active in your wording. • Do emphasize what you have done clearly and concretely. • Do be neat and well organized. • Do have others proofread and critique your resume. Spell check. Make it error free. • Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible. • Don't be dishonest, always tell the truth about yourself in the most flattering light. • Don't include salary history or requirements. • Don't include references. • Don't include accomplishments that do not support your professional goals. • Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.) • Don't use italics, underlining, shadows or other fancy treatments. Seven steps to a successful interview 1. Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview? 2. Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available? 3. Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight. 4. Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down. 5. Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks. 6. Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease. 7. Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage. Pay Transparency - Privacy Statement -