Veterans Associate Program (VAP)

Bank of America
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Job Description

2024 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 interests
    • Veterans considering and/or have already applied to business school are encouraged to apply through our MBA Recruiting efforts and will not be considered for this program
    • 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 must be prepared to begin work on or about July 8, 2024
    • Veterans may also be required to complete Summer & Full-Time Training in July 2024 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.

Ideal candidates should possess:

  • BS/BA degree (required) with outstanding academic qualifications
  • Complete with Active Military commitment and/or currently serving in the Military Reserves or National Guard required
  • 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

Company Info.

Bank of America

The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina. The bank was founded in San Francisco, and took its present form when NationsBank of Charlotte acquired it in 1998. t is the second-largest banking institution in the United States, after JPMorgan Chase, and the second largest bank in the world by market capitalization.

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