Structurer Real Estate Structured Finance jobs at Bank Of America in United Kingdom, London

Job Description:

Job Title:Product Controller - Equities

Assistant Vice President

Responsibilities:

• Day-to-day P&L, Balance Sheet and Valuation control responsibilities within the EMEA Global Financing & Futures (GFF) BFC team in London

• Identify and investigate valuation discrepancies and liaise with Front Line Units (FLUs), Risk, Operations and other finance teams to resolve issues.

• Analyse drivers of P&L and balance sheet movements, providing commentary and insight for management

• Engagement with the Accounting Policy Group to implement appropriate accounting policies and procedures.

• Ensure adherence to accounting policies relating to repos, including sale and repurchase accounting, as well as compliance with FIN41 and IFRS netting guidance for financial instruments.

• Working with the GVG group to ensure ongoing review & enhancement of valuation control methodologies and practices. Ensuring procedure documents are accurate and up to date.

• Assist in the streamlining and enhancement of all GFF BFC processes and becoming activelyinvolvedwith system development ranging from technical enhancements and new product releases to automation of existing processes.

• Contribute to governance processes, operational error reporting and support of other internal control process, including SOX.

• Contribute to audit engagements, addressing queries on valuation, accounting treatment, and finance controls.

• Provide finance leadership on new product approvals, system implementations, and accounting policy changes affecting repo activity.

What we are looking for:

• Preferably Qualified Accountant (ACA, ACCA, CIMA or equivalent) or CFA with good working knowledge of accounting concepts.

• Applies Financial Accounting & Reporting Expertise

• Applies Financial Analysis and Reasoning Skills

• Demonstrates Accounting Knowledge

• Demonstrates Financial Acumen

UK

• At Bank of America, we strive to prioritise employees’ health and wellbeing – it’s what makes us a Great Place to Work.

• 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.

• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum.

• 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, cycle to work etc.

• Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan.

• 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.

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:

Global Markets Credit ("GMC") is responsible for ensuring robust and consistent credit underwriting for Global Markets lending activities, which includes financing facilities secured by a range of financial and physical assets. Within GMC, the team member will assist with the credit underwriting and ongoing portfolio management functions for the EMEA asset backed securitization finance ("ABSF") portfolio. The ABSF portfolio is comprised of warehouse and term loan positions with associated derivative trading lines secured by a variety of consumer and commercial assets including auto loans and leases, credit card receivables, equipment loans and leases, residential mortgages.

Responsibilities

• Key responsibilities will include participation in transaction screening, term negotiation, due diligence of seller/servicers including reviewing their underwriting and servicing capabilities, and credit approval process.
• The team member will review and potentially question all elements of transactions including structure, collateral, and cashflow stress analysis.
• Post-close, you will have responsibility for ongoing deal and portfolio monitoring and will exercise credit approval authority for amendment/waiver/renewal/extension activity.
• The team member will assist in the preparation and review of credit approval memos.
• The role will also assist 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
• You will likely have had 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
• You should have 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

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

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:

Leveraged Finance Credit supports the development, due diligence, approval and implementation of leveraged transactions for corporate and financial sponsors. Typical transactions include leveraged buyouts, mergers and acquisitions, refinancings, recapitalizations, and restructurings.

As a senior member of the team and reporting directly to one of the Co-Heads of EMEA Leveraged Finance Credit, you will:

• Lead deals through the internal approval processes, deliver consistent credit support and seamless execution for our business partners.
• Perform credit analysis (incl. forecasts), risk rating assessments, review of due diligence, and writing of credit memorandum.
• Review and negotiate documentation (loans and derivatives) where appropriate.

Responsibilities:

• Provide independent assessments and recommendations to approval committees and senior decision makers.
• Work closely with junior members of the team, mentoring and coaching where necessary.
• Have primary credit responsibility for a portfolio of names; maintaining timely and accurate monitoring (risk ratings, financial reports, compliance certificates, forecasts, and annual reviews etc.).
• Establish and maintain a deep understanding of the portfolio at the client, industry, and macro level in order to assess risk and form considered opinions.
• Ensure adherence to prevailing credit policy and procedures.
• Have exposure to the full Global Banking & Markets product spectrum with engagement across multiple stakeholders, including Leveraged Finance, Financial Sponsors, Investment Banking, Corporate Banking, Sales & Trading, Legal, and Risk.
• Engage professionally with third parties, such as legal counsel, due diligence sessions, management teams, and client representatives.

Skills that will help:

• Strong stakeholder and transaction management
• Credit risk awareness and understanding of risk drivers on appetite and ratings
• Familiarity with structures and terms
• Relevant experience within Leveraged Finance preferred

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.

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

This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions.

Responsibilities:

• Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
• Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted
• Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
• Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings
• Trains, coaches, and mentors Credit Analysts

Skills:

• Analytical Thinking
• Financial Analysis
• Financial Forecasting and Modeling
• Profitability Analysis
• Research Analysis
• Attention to Detail
• Business Acumen
• Credit and Risk Assessment
• Underwriting
• Written Communications
• Collaboration
• Critical Thinking
• Portfolio Analysis
• Prioritization
• Technical Documentation

Job Title: Structurer,Real Estate Structured Finance

The Team:

• EMEA Mortgages is part of Global Mortgages, itself a product within Global Markets. The Real Estate Structure Finance (RESF) team within EMEA Mortgages, while a “trading desk” is private side with a hybrid banking / Fixed Income Currency & Commodities (FICC) lens that is focused on originating and structuring loans backed by commercial real estate assets across a range of asset types. The team acts as principal in respect of these loans with a view to distributing risk in the securities and loan market

• BofA’s RESF team is a top-ranked real estate lending and securitisation platform. We have won numerous awards, including Global Capital’s CRE and CMBS Bank of the Year multiple times, Real Estate Capital’s “Bank Lender of the Year” as well as “Syndication House of the Year”, IFR Awards “EMEA Structured Finance House of the Year” plus numerous single transaction awards

• The EMEA Mortgages origination desk is complemented by (i) the EMEA mortgages analytics (ii) sales and (iii) secondary trading platforms (the last two being public side)

• The origination strategy is focused on cross collaboration with Global Corporate & Investment Banking, targeting key global relationship clients of the Bank

Role Description:

We have an exciting opportunity for a motivated individual to join BofA’s market leading Real Estate Structured Finance (RESF) team, responsible for the origination, structuring, execution and distribution of facilities secured on a range of commercial real estate assets across Europe. As an analyst/associate, you will be responsible for supporting the team in all aspects of deal origination, closing and distribution. You will participate in market leading transactions and to gain exposure to a broad range of market participants in the European real estate debt market including top tier borrowers and end accounts.

Responsibilities:

• Reviewing and assessing new financing opportunities

• Undertaking market research and detailed financial modelling and analysis

• Preparing credit materials for deal screening and final approvals

• Supporting the team in closing transactions and undertaking due diligence including site visits, real estate due diligence, legal, tax and structuring

• Supporting distribution process via loan syndication and/or CMBS including directly engaging with debt investors

What we are looking for:

• Motivated individual with meticulous attention to detail, diligence and conscientiousness

• Broad skillset including proficiency in financial analysis / modelling

• Excellent interpersonal communication skills, both verbal and written

• Team player looking for an opportunity to grow

• Experience in real estate or real estate finance, preferably gained within a bank or private equity firm

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 virtual tutoring 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

• Use of a flex fund to use towards benefits

• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services

• 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 programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

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:Investment Banking, Real Estate Gaming & Lodging

Associate

Responsibilities

• Financial analysis of companies in target, analysis will include maintaining and updating comparable company trading analysis and transaction analysis

• Assume responsibility for monitoring targeted clients in terms of news and announcements

• Support on transactions across the banks products. Such support may include maintaining financial models, coordinating due diligence, managing working group lists and timetables

• Research on companies and industries and support on client initiatives including generating and developing new ideas to present

• Formulate and develop client pitch-books and analysis in addition to supporting other bankers within the team

• Build direct cross functional relationships with bankers in product and regional business units

What we are looking for

• Strong mathematical and analytical skills as well as 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 a second European language a plus

• 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.

Role Description:

Leveraged Finance Credit supports the development, due diligence, approval and implementation of leveraged transactions for corporate and financial sponsors. Typical transactions include leveraged buyouts, mergers and acquisitions, refinancings, recapitalizations, and restructurings.

As a senior member of the team and reporting directly to one of the Co-Heads of EMEA Leveraged Finance Credit, you will:

• Lead deals through the internal approval processes, deliver consistent credit support and seamless execution for our business partners.
• Perform credit analysis (incl. forecasts), risk rating assessments, review of due diligence, and writing of credit memorandum.
• Review and negotiate documentation (loans and derivatives) where appropriate.

Responsibilities:

• Provide independent assessments and recommendations to approval committees and senior decision makers.
• Work closely with junior members of the team, mentoring and coaching where necessary.
• Have primary credit responsibility for a portfolio of names; maintaining timely and accurate monitoring (risk ratings, financial reports, compliance certificates, forecasts, and annual reviews etc.).
• Establish and maintain a deep understanding of the portfolio at the client, industry, and macro level in order to assess risk and form considered opinions.
• Ensure adherence to prevailing credit policy and procedures.
• Have exposure to the full Global Banking & Markets product spectrum with engagement across multiple stakeholders, including Leveraged Finance, Financial Sponsors, Investment Banking, Corporate Banking, Sales & Trading, Legal, and Risk.
• Engage professionally with third parties, such as legal counsel, due diligence sessions, management teams, and client representatives.

Skills that will help:

• Strong stakeholder and transaction management
• Credit risk awareness and understanding of risk drivers on appetite and ratings
• Familiarity with structures and terms
• Relevant experience within Leveraged Finance preferred

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.

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