Should I pursue this Global Commercial Banking summer analyst position?

Hi guys,

I was recently given an offer for this position and I dont know if I should do it if I want to recruit full-time in fall for investment banking. The description is below and I was hoping someone might be able to tell me how relevant or how it might be looked at compared to say an internship at BlackRock. Thanks!!!!

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Our Business:

Global Commercial Banking (GCB) is one of the largest commercial banks in the U.S., serving companies with revenues of $1 million to more than $2 billion through our core businesses:

Our unique client coverage model and close partnerships with other lines of business, such as Global Banking and Markets, Global Wealth and Investment Management and Consumer & Small Business Banking, enable our commercial client teams to seamlessly deliver all of the bank’s capabilities as integrated solutions.

Global Commercial Banking (GCB) serves more than 100,000 business banking and more than 30,000 middle-market clients through dedicated client teams who provide seamless delivery of the bank’s full capabilities, including investment banking and M&A, wealth and investment management, integrated credit and treasury solutions, and international banking services

Overview:

Summer Analysts are provided corporate experiences within one of the core business within Global Commercial Banking.

Roles and Responsibilities

 Participate in the underwriting of different credit deals (i.e. Sole bank, bilateral, or syndicated facilities)
 Produce detailed financial analysis of our Clients’ performance to evaluate their financial and repayment strength.
 Perform in-depth industry research in order to forecast future trends.
 Participate in Client Team strategy meetings regarding the pursuit of new business opportunities.
 Client contact to obtain information for underwriting reviews, renewals, or new relationships.

Training:

• Formal training providing overviews of Bank of America Merrill Lynch, its business divisions, organizational structure, product
• groups and technology
• Summer senior speakers series
• Access to the electronic learning network
• Extensive peer and senior mentoring

Locations:

Positions are available in major markets across the Bank of America Merrill Lynch footprint.

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