Apply for Bank of America internship 2023 – See job positions, descriptions, requirements and how to apply for the internship.
About Bank of America
The Bank of America Corporation (BofA or BoA) is a US multinational investment bank and financial services company. It is headquartered in Charlotte, North Carolina. It is the second largest banking institution in the United States, after JPMorgan Chase. It is also the second largest bank in the world by market capitalization. The bank was founded in San Francisco in the year 1998 when NationsBank of Charlotte acquired it.
As one of the Big Four banking institutions of the United States, it serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. The primary financial services BoA provides revolve around commercial banking, wealth management, and investment banking. Bank of America Internship
Bank of America internship hiring process
1. Application
Applications for the 2022 program will open July 1, 2021. They recruit candidates on a rolling basis, so you are strongly encouraged to apply early. Specific application deadlines can be viewed on the page of the program you are interested in. Before you apply, make sure to research carefully the programs available and find the right fit for you. You must apply online via the Bank of America application system. You may be required to submit your resume via your careers service office.
2. Application screening
Bank of America value diversity and differences in thought, style, culture, ethnicity and experience. So any candidate fitting that description will be highly valued. If you can demonstrate a high standard of academic, professional and extracurricular skills partnered with integrity, teamwork and leadership ability, your chances of being accepted will skyrocket.
3. Interviews
If following the application stage you get selected, you will be invited to take part in an interview. There are first and second round interviews (where applicable), and they will take place by phone, on demand video, on campus or at a Bank of America office. Interviews often begin before the deadline for applications, so it’s best if you apply early. Once positions are completed filled, applications will close.
The final round of the recruiting process will typically include competency based interviews. Most often, these interviews are conducted by representatives from the business area you are applying to.
4. Offer
Once you have successfully passed all interview processes, you will be contacted and offered a position as an intern.
Top 10 Bank of America internship hiring positions and their salary
Bank of America offers a competitive salary to their interns. Interns earn an average $67,000 per year. Below are the top 10 Bank of America internship hiring positions and their salaries:
| Position | Salary | |
| 1. | Software engineer | $94,000 |
| 2. | Support Lead | $99,000 |
| 3. | Lead operator | $94,000 |
| 4. | Technical associate | $91,000 |
| 5. | Business analyst | $75,000 |
| 6. | Customer Relationship Manager | $75,000 |
| 7. | Fraud analyst | $59,000 |
| 8. | Finance advisor | $56,000 |
| 9. | Operation supervisor | $56,000 |
| 10. | Mortgage Underwriter | $55,000 |
Benefits of Bank of America internship program
Bank of America Internship are considered full time jobs, so interns are compensated as such. Not only will you get a rewarding salary and experience, you will also have the chance to witness and learn more about the financial life cycle in a very hands-on way. You will be placed in top-performing locations for easy access to great resources and training.
Responsibilities
As an intern at BofA, you will be expected to participate in extensive training, including learning programs on wellness and resiliency. There are support staff dedicated specifically to the internship program.
You will work in several projects in the course of your internship, which will culminate in a final project that will be presented by you.
Qualifications
In BofA, they value candidates who shows diversity and differences, and show genuine interest in their business.
Some internship roles may have specific technical or language requirements that you would need to meet to be eligible, so make sure to review the individual job descriptions for more details on each program.
Each program has individual requirements, but to be considered for any program, you must meet the following requirements:
- Be currently enrolled in a college/university or advanced degree program.
- Have a record of accomplishments such as extracurricular activities or leadership roles.
- Have excellent oral and written communication skills
- Ability to learn quickly and take on new responsibilities
- Have skills of analytical and critical thinking
- Ability to think independently
- Good time management skills and attention to detail
- Ability to function effectively within a team and work collaboratively with others
How to search for Bank of America internship opportunities online
To search for Bank of America job opportunities online, simply visit the Bank of America official website and browse through available job positions. There are several positions you can apply for depending on your qualifications and interests. Look through the ones you are interested in and make sure you meet all the requirements before you apply. There are also several websites online that you can use to search for Bank of America job opportunities, they include: Indeed, Glassdoor, and LinkedIn.
Step-by-step application guide
The application for BoA internship positions is online. Below are the step-by-step processes to apply for a role:
- Visit the official Bank of America internship website, where you will be able to view a variety of available internship positions.
- Click on the internship opportunity you would like to apply for.
- Read the job description thoroughly and make sure you meet all the requirements for the position.
- Click on the “Apply Now” button and you will be directed to a page where you will fill an application form.
- Fill the application form with your details and make sure there are no errors.
- Submit your application.
Official Bank of America internship website: https://campus.bankofamerica.com/?cm_mmc=ENT-Consumer-_-Google-PS-HS-_-bank_of_america_internship-_-Brand_Campus&gclid=CjwKCAjw2OiaBhBSEiwAh2ZSPwUWQN0GtS35c3qldiBROpLTX3P-FCzv_kycnUJtYJywrxlpxobn4xoCmuwQAvD_BwE&gclsrc=aw.ds