Job Description:
About Bank of America
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
About The Strategy and Management Military Development Program
Driving innovation while transforming your career at the world’s best financial services firm begins with you.
The Strategy and Management Program is our two-year development program. This provides an exclusive preview of the elite, two-year development training program (recently recognized in 2023 with a Brandon Hall Group Gold Award for most innovative or unique talent acquisition program), which prepares teammates to become future corporate leaders at Bank of America by providing you with direct experience in Digital Technologies, FinTech, Strategy, Innovation, and Management. Teammates will work in our innovation function (Bank of America Strategy & Business Ventures) helping drive strategic growth initiatives across our core business units. You will be exposed to multiple parts of our business and learn how to develop, test, launch, and operationalize new strategies to better serve our clients. You will also participate in a comprehensive training curriculum taught by BofA and industry experts, designed to enable general manager capabilities.
Bank of America’s Strategy & Business Ventures team functions as an internal strategic consulting function for a wide range of leaders across the bank. This group provides high-fidelity learning opportunities in broadly relevant skills (research, modeling, presentations, problem solving methodologies, data visualization and storytelling) and will provide exposure to a diverse array of people, processes, and organizations within the bank.
Program Location and Dates:
- Charlotte NC | July 19, 2027
Our full-time program will accelerate your career:
- A two-year program, designed to develop Bank of America's future leaders by providing an experience to support multiple business units with senior leaders and industry experts
- During the program you will be embedded in Bank of America's, Strategy & Business Ventures organization, where you will take part in a comprehensive training program while working in a cross-functional capacity to shape the future of the Consumer & Small Business line of business
- You will drive strategic initiatives across high-visibility and fast-growing areas of the business, including FinTech, Product Innovation, Client Segmentation, Client Experience, Strategic Ventures, Portfolio Management, and Business Intelligence
- You will learn about and leverage the latest emerging technology (AI, Cloud, Automation, Personalization) to evolve our business
Required Qualifications:
- Minimum of a bachelor’s degree is required
- Junior Military Officer, Warrant Officer, or Non-Commissioned Officer
- Must have an honorable discharge from any branch of the U.S. Armed Forces and be within 24 months of separation from Active Duty (Currently Drilling National Guard or Reservists are eligible)
- 3-5 years of relevant work experience
- Appreciates an environment that supports learning, innovation, intelligent risk-taking, integrity, and flexibility
- Builds and nurtures strong relationships, while collaborating to get things done
- Demonstrates strong logical reasoning and problem-solving skills, creativity, listening, communication, and presentation skills
- Exhibits strong analytical and critical thinking skills
- Passion for consulting work operating in a small group environment
Desired Skills:
- 3.2 minimum GPA preferred
- Pursuing a field which includes but is not limited to: Management, Economics, Finance, Consulting, Mathematics, Data Analysis, FinTech, Marketing, Product Management, Project Management
- Have experience conducting qualitative and quantitative research
- Have experience with Microsoft Office Suite including PowerPoint and Excel
- Have been part of high-performing teams or organizations
- Have experience leading and organizing projects
Shift:
1st shift (United States of America)Hours Per Week:
40Skills Required
- Bachelor's degree
- Junior Military Officer, Warrant Officer, or Non-Commissioned Officer
- Honorable discharge and within 24 months of separation from Active Duty (Currently Drilling National Guard or Reservists eligible)
- 3-5 years of relevant work experience
- Strong logical reasoning, problem-solving, communication, presentation, analytical and critical thinking skills
- Passion for consulting work in a small group environment
- Minimum 3.2 GPA
- Academic background in Management, Economics, Finance, Consulting, Mathematics, Data Analysis, FinTech, Marketing, Product Management, or Project Management
- Experience conducting qualitative and quantitative research
- Experience with Microsoft Office Suite including PowerPoint and Excel
- Experience being part of high-performing teams or organizations
- Experience leading and organizing projects
Bank of America Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bank of America and has not been reviewed or approved by Bank of America.
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Fair & Transparent Compensation — The $25/hour U.S. minimum wage, reaffirmed in recent company materials, sets a clear compensation floor that lifts entry-level and operations pay. Public salary information and disclosures provide visible benchmarks for pay across roles.
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Parental & Family Support — Parental leave extends up to 26 weeks with 16 weeks fully paid for eligible teammates, alongside backup child and adult care and a dedicated Life Event Services team. Family-building assistance offers up to a $20,000 lifetime reimbursement and bereavement leave provides 20 paid days for loss of a spouse, partner, or child.
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Retirement Support — Retirement programs include a 401(k) match up to 5% of eligible pay plus an additional 2–3% annual company contribution based on service. These employer contributions add meaningful long-term value beyond base pay.
Bank of America Insights
What We Do
We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth. Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
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