Responsibilities

• Participation in transaction screening, term negotiation, due diligence of seller/servicers including reviewing their underwriting and servicing capabilities, and credit approval process.
• Reviewing and potentially questioning all elements of transactions including structure, collateral, and cashflow stress analysis.
• Ongoing deal and portfolio monitoring and exercising credit approval authority for amendment/waiver/renewal/extension activity.
• Assisting in the preparation and review of credit approval memos.
• Assisting with periodic reporting requirements, policy and procedure updates, risk rating scorecard maintenance, regulatory inquiries, limit requests, and other ad hoc projects.

What we are looking for

• Bachelor's degree required; Finance, Accounting, or Economics majors preferred with excellent academic credentials.
• Prior experience in financial services. Relevant prior experience may include roles in: credit risk management, credit underwriting, structuring, loan origination, or public rating agencies.
• Familiarity with securitization structures and an understanding of macroeconomic drivers.
• Experience of reviewing lending or debt transactions including securitization or collateral based lending facilities and derivatives.
• Excellent analytical skills, personal drive, initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility.
• Highly organized with excellent oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners.
• Excellent team collaboration skills, willing to support more junior members of the team as required.
• Proficiency with Word, Excel and PowerPoint, along with ability to quickly learn new programs and applications.
• High level of attention to detail.

Benefits of working at Bank of America

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons.
• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum.
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters.
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

France

• Competitive retirement plan in addition to State plans.
• Mandatory Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family.
• Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers.
• Life and disability insurance.
• Time Savings Account (‘CET’) to save some of your leave days, cash them out or use them later.
• Reimbursement of 50% of your commuter pass.
• Nursery scheme for children under age 3.
• Works council benefits.
• Access to an Employee Assistance Programme for confidential support and help for everyday matters.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering with local charities.
• Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris.

Bank of America

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.