Operations Analyst jobs at Bank Of America in Germany, Frankfurt

Job Description:

Job Title:Credit Risk Analyst/Associate - Corporates Credit

Analyst or Associate

Role Description

GCIB Credit is responsible for analysing and delivering credit underwriting debt financing solutions and derivative strategies for medium and large corporate clients of GCIB & Global Markets (GM). GCIB includes Corporate Banking and Investment Banking and GM includes Sales & Trading. The group provides services to middle-market and large corporations, government entities and institutional investors. Services including mergers and acquisition advice, equity and debt capital raising, corporate lending, sales and trading in fixed income, commodities, currency and equities, risk management, research, and liquidity and payments management.

Responsibilities

• Perform financial and credit analysis, risk rating analysis ensuring adherence to prevailing credit policy and procedures for an assigned portfolio.
• Independently assess credit worthiness, perform intensive qualitative and quantitative due diligence of prospective borrowers and/or trading counterparties and establish appropriate terms and conditions to mitigate risk.
• Structuring transactions, underwriting and negotiating credit documentation designed to meet both client and investor needs including credit agreements, amendments, derivative documentation.
• Ensuring granularity of the portfolio with specific reference to targets for net country/credit capital, legally binding commitments, total exposure and asset quality.
• Establish appropriate internal risk ratings for clients and implement accurate adjustments throughout the client’s credit life cycle.
• Ensuring that the portfolio and credit management process are at all times rated "satisfactory" by internal auditors, the Credit Review group and external Regulators.
• Develop and maintain a deep understanding of the product spectrum and portfolio at the client, industry, and macro level to assess risk and craft value added solutions balancing risk.
• Develop, maintain, and manage internal relationships with business partners including Corporate and Investment Bankers, Sales & Trading, Risk Management, Syndications, and Legal.
• Participate in strategic projects to support business goals.

What we are looking for

• BA/BSc degree (or equivalent); Finance, Accounting or Economics would be beneficial.
• Relevant prior experience in financial services, preferably roles within credit risk management, where you have demonstrated an ability to identify, assess, monitor, control and mitigate credit risk.
• Credit skills and risk judgment and ability to defend rigorously a fact-based point of view.
• Knowledge and keen interest to learn about issues related to industry risk, transaction risk and awareness of country risk factors, reputational risk and operational risk.
• Ability to quickly absorb and follow internal credit policies and procedures; demonstrated ability to continuously learn and adapt with a proactive work ethic.
• Commercial mindset to support value added discussions with effective interpersonal and written and verbal communication skills, and attention to detail and accuracy.
• Understanding of credit risk sensitivities in the portfolio and risk drivers of the exposures.
• Keen interest in finance, macroeconomic and geopolitical issues.
• Fluency with use of Microsoft Office applications, particularly Excel; including ability to prepare and/or review company specific financial models in Excel.
• Strong team player & organisational skills with ability to prioritise and work under pressure to meet deadlines.
• Effective interpersonal and written and verbal communication skills both written and verbal with ability to be concise and with attention to accuracy and detail.
• Fluency in English required. Additionally, other European language skills, especially Germanwill be consideredhighly beneficial.

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

Role Description:

This job is responsible for analysing the day-to-day issues, researching, and providing resolution for various issues identified within a business unit. Key responsibilities include supporting defined procedures, routine analytics, and creating reports and completing exception processing.

Responsibilities:

• Assists with coordination of implementation for products, services, and operational solutions

• Supports the design, documentation, implementation, and monitoring of new products and services

• Provides guidance regarding procedural, technical, and operational changes

• Expands business products knowledge within operations environment

• Builds network by developing relationships with partners and teammates

• Inspects data to identify issues and trends

• Collects and interprets data to validate operational processes

• Handling of account openings, closures, changes of ownerships, incorporations, from a Legal and AML perspective

• Working jointly with local Compliance and Implementation teams

• Maintenance of account files and signature mandates

• Handling of seizure orders, maintenance, and controls of pledged accounts

• Remaining Payment functions including cheque processing

• Business knowledge in German banking business preferable, at least at a commercial clerk level

• Prior experience with corporate client account openings/maintenance and related regulatory requirements desired

• Local AML regulation knowledge preferred

Skills that will help:

• Advanced English language skills for business communication, familiar with the use of electronic documentation and standard office systems

•Presentation and Reporting skills

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

Job Description:

Job Title:Treasury Sales Analyst

Analyst

Global Payments Solutions Group

Do you want to be part of our award-winning team? We are proud to:

• Be a leading provider of treasury and cash management solutions

• Deliver for over 100,000+ clients globally, including over 73% of the Global Fortune 500

• Be at the forefront of delivering treasury solutions across all segments and all industries, from middle-market businesses to the world’s largest corporate and financial institutions

• Provide a personalised service for our clients, backed with high-tech for their liquidity management, payments and receipts, trade and supply chain finance and FX and commercial card services

We want to hear from you if you are:

• A highly-motivated individual

• Has a client-centric focus who can advocate on their behalf

• Can challenge the status quo

• Collaborate with peers as well as having the ability to influence the conversation with diverse points of view

• Innovative with forward-thinking ideas

Responsibilities

As a Treasury Sales Analyst (TSA) you will be responsible forpartnering with and supporting Treasury Sales Officers (TSO)with the delivery of integrated treasury solutions to existing and prospective Large Corporate German based HQ Clients, working with the TSO to assist in managing and growing revenue within an assigned portfolioof Global Payment Solutions Services (GPS).These solutions include international Cash & Liquidity Management, Transactional FX, Merchant Services, Commercial Card and Trade Finance services.

You will assist in coordinating the Client Management process by focusing on client acquisition and deepening existing relationships through identifying client needs. Responsible for utilising support partners and resources to coordinate industry, prospect, and client research for use in pre-call planning for TSOs and partners.

To be successful in the role, TSAs must maintain and build a strong client focus and awareness and understanding of the bank and the operational aspects of the products and services used by clients in addition to possessing good interpersonal, communication and presentation skills.

Role activities and responsibilities may include:

• Supporting all activities from sales through implementation and coordinating the Client Management Process (CMP) by focusing on client acquisition and deepening existing relationships from client planning, client calling efforts, client team meeting preparation, delivery, and follow-up, and revenue and pathway tracking

• Partnering with product specialists and support partners to develop strategies to grow revenue and deepen existing relationships and making recommendations and creating customized treasury solutions that meet the needs of the client.

• Conduct industry, client, and prospect research to develop strategies and create proposals and pitchbooks for pre-call planning

• Review pipeline and create reports for the TSO as needed

• Maintain and log information around execution of the client contact strategy

• Participate in the contract management process when required

• Contribute to credit facility activities

• Serve as a primary participant in annual pricing events

• Research client informationin preparation for receiving a Request for proposal (RFP)

• Prepare materials to introduce new ideas, capabilities and solutions to clients and prospects

• Proactively inform and advise clients ofenhancements/improvementsin capabilities

• Complete price and cost benefit analysis models to develop pricing strategies, which includes working with the TSO on non-standard pricing

• Support clients through the implementation, client onboarding, and training activities

• Ensures the accuracy of sales data (e.g., deal pipeline, client plans, call reports, and other sales tracking systems and reports which may be developed)including managing sales pathways, call reporting, and profitability reporting

• Participates in in-person calling activities and ad-hoc direct sales opportunities with TSOs

• Leverage tools, systems and resource sites to produce appropriate data based on call type; analyse the data and share with the TSO

• Ensure data integrity of sales reporting

What we are looking for

• Bachelor’s degree or equivalent work experience with demonstrated results

• Ideally experience in a similar transaction banking/Corporate Banking position, Implementation, Client Service and or Product background

• Effective interpersonal and communications skills, able to communicate both written and verbally with ability to be concise and with attention to accuracy and detail

• Strong presentation skills

• Focuses on customers and clients whilst promoting a culture of compliance

• Fluency in English required, German language skills would be beneficial

• Ability to deal with clients and other colleagues/stakeholders

• Ability to learn and adapt

• Strong teamwork, collaborative and organisational skills, able to prioritise and work under pressure to meet deadlines

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

Role Responsibilities

• Assist Corporate Banking professionals in relationship management, origination and execution across a diverse set of product areas

• Support the team in the development of detailed corporate finance analysis, gaining exposure to a broad range of products including bonds, loans, leases, FX, rates and treasury solutions

• Work on live transactions and interact with professionals from across the bank as you build your network and experience Gain an in-depth understanding of our clients, the industries in which they operate and how the bank helps support both their growth aspirations and day-to-day banking requirements

• Develop a strong understanding of market fundamentals and be able to make informed contributions on a broad array of financing strategies that address client’s specific needs

• Work closely with various partners in the bank, incl. Investment Banking, Capital Markets, Corporate Derivatives, Commodities, Payment Solutions, etc. on client coverage and origination

What we are looking for:

• Outstanding mathematical and analytical skills are required

• Proficient level of MS Excel and PowerPoint

• Meticulous attention to detail, diligence and conscientiousness

• Excellent interpersonal communication skills

• Capable of working effectively both independently and with multiple teams/individuals

• Fluency in English is essential and in German preferred

• Educated to degree level (preferably in a numerical discipline such as economics or finance)

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