Operations Analyst Credit Lending jobs at Bank Of America in United Kingdom

Bromley - UK

Job Title:Credit Services Rep III

Corporate Title:Officer

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Responsibilities:

• Admin Vetting Lender set ups - Lender setup of multiple contacts as well as all RI’s listed for all currencies as well as methods.
• Call-back validation - Conduct call-back checks with counterparties to validate wiring instructions whilst operating in line with operational risk policies.
• Migration work on behalf of regions - Supporting the regional PCO team with permitted tasks, i.e. scrub work, bulk requests.
• Deal facility sheet (Agency) - PCO EMEA assist with the onboarding of the static data in LoanIQ for the Lender and Borrowers to ensure set up and completion for the agent on the deal facility sheet.
• Administrative Contact set up changes - Making sure contact information is up to date and any relevant primary information is selected. Example: Phone numbers, email addresses, fax and legal names etc.
• Name changes - Process legal entity name changes (e.g., due to mergers, acquisitions, or rebranding)
• Ad-hoc administrative tasks required in the support of the lending portfolio.

What we are looking for:

• You will have performed a similar role previously and have a deep understanding of maintaining payments in Loan IQ.
• Understanding of payments and SWIFT/FED message formatting.
• You will be able to act independently and apply a risk-based approach
• Loan IQ Experience preferable
• You will have excellent knowledge of lending, servicing, payments and loans
• You will have excellent organisational and prioritisation skills
• You will have excellent communication skills at all levels.

Skills that will help:

• Previous loan product, documentation and payments experience
• Microsoft Excel experience
• Having an analytical mindset

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.

Job Description:

Job Title:Senior Quantitative Financial Analyst – AML Model Risk Validation

Corporate Title:Director

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Role Description:

This job is responsible for conducting quantitative analytics and complex modelling projects for specific business units or risk types. Key responsibilities include leading the development of new models, analytic processes, or system approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations may include the ability to influence strategic direction, as well as develop tactical plans.

Responsibilities:

• Performs end-to-end market risk stress testing including scenario design, scenario implementation, results consolidation, internal and external reporting, and analyzes stress scenario results to better understand key drivers

• Leads the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization

• Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation

• Maintains and provides oversight of model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite

• Leads and provides methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk

• Works closely with model stakeholders and senior management with regard to communication of submission and validation outcomes

• Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches

Required Skills:

• Proven and diversified quantitative skills

• Familiarity and up-to-date knowledge with industry practices in the field Anti-Money Laundering techniques and typologies.

• Domain knowledge and familiarity with regulatory landscape including but not limited to model risk management, Anti-money laundering.

• Proficiency with Above-the Line and Below- the-Line (ATL/BTL) techniques, Sampling methods, AML Coverage Assessments is a plus.

• Prior experience in model development and/or model validation is a plus.

• Advanced knowledge and working experience in statistical methods, techniques, and financial data.

• Proficient in Python, SAS and SQL.

• Excellent written and verbal communication skills and collaboration skills (this role involves communicating with various groups within the firm).

• Critical thinking and ability to work independently and proactively identify, debate, escalate, suggest, and resolve issues.

• CAMS certification (preferred)

Minimum Education Requirements

• Advanced degree (PhD or Masters) in a quantitative field such as Mathematics, Physics, Finance, Economics, Engineering, Computer Science, Statistics, or related fields.

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.

Job Description:

Job Title:Agency Management Operations

Corporate Title
: Assistant Vice President

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Responsibilities:

This job is responsible for preparing and reviewing documentation in accordance with bank policies and procedures to facilitate closings with the client. Key responsibilities include working on routine to more complex documentation as assigned and interfacing working with company vendors, legal counsel, line

partners, and clients to ensure world-class documentation accuracy.

The team scope cuts across both syndication, export credit finance and leasing deals.

• You will manage your own portfolio of agency deals.
• You will support the Regional Ops Head and your team lead as one of the Senior persons on
• the team.
• You will be responsible for the day-to-day resolution of complex problems and the execution
• of complex transactions.
• You will review all credit agreements where we are agent in line with the Bank risk appetite
• and Loan Market Association agency provisions.
• You will have the ability to work under tight deadlines.
• You will build influential relationships with key leaders across the enterprise and industry.
• You will be responsible for communication and compliance with regulatory requirements.
• You will become familiar with and liaise between several lines of business with particular
• focus on Leverage Finance partners and debt trading.
• You will be the first point of contact for clients of the business and lenders.

What we are looking for:

• Ability to coordinate with multiple stakeholders and conflicting priorities
• Ability to manage timelines, display sound judgment, and identify points for
• escalation
• Collaborative, experienced in working with business partners to achieve goals and
• successfully complete projects and initiatives You will have previous agency management and/or document experience specific
• to the syndication loan market space.
• You will have experience liaising with internal partners up to executive level.
• Negotiation experience will be essential in this role.
• You will have experience as a project or deal coordinator in a previous role.
• Act as point of escalation and handle responsibilities.
• Loan IQ experience would be an advantage.

Skills that will help:

• Attention to Detail
• Customer and Client Focus
• Data Collection and Entry
• Due Diligence
• Prioritization
• Adaptability
• Business Acumen
• Oral Communications
• Written Communications
• Research.

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.

Corporate Title: Director

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Role Description:

GRQE are looking for a high-quality person to help drive forward the book of work and to directly support the team. They will work closely with the tech lead of the team to deliver successful outcomes across a broad range of responsibilities, and to drive change. There is a need to drive forward opportunities to create efficiencies through automation and to shape how the team conducts all of Change Management responsibilities.

Responsibilities:

• Drive forward Business, Product and Project Management capabilities across GRQE

• Support Tech Lead in guiding the team, particularly timely and effective delivery of the book of work, removing roadblocks for the team and make the team operate more efficiently

• Support COO in driving out future strategy for GRQE

• Responsible for driving forwards multiple concurrent projects, particularly the implementation of models onto the organisation’s target-state infrastructure and adoption of modular and reusable components, ensuring adherence to team business practices as well as Enterprise project governance and Change Management standards.

• Support effective delivery through good project management practices and provision of project management expertise to modellers and test owners.

• Provide business support to GRQE COO as necessary – this may include capacity planning, reports and returns, hiring activities, managing routines, etc.

• Drive Operational Excellence across GRQE through leading identification and implementation of change activities.

• Explore opportunities to automate project management and business management processes and reporting.

• Explore ways to optimize the team operating model for project management and business management practices.

What we are looking for:

• Considerable years of relevant experience in Business or Product or Project Management

• Good coaching skills - Ability to foster good collaboration among team members and help solve problems.

• Experience in financial services or a related field.

• Experience of business management and project management in a fast-paced organisation

• Good influencing skills

• Good evaluative, problem solving and organizational skills.

• Demonstrate mental curiosity to drive forward opportunities for improvement.

• ‘Control’ oriented experience and mindset

• Working knowledge of risk management

Skills that will help:

• Experience of Quantitative Engineering

• Experience of model development and the Model development lifecycle

• Excellent proficiency and good experience with JIRA (Horizon tools)

• Programming skills including Python, SQL – or the desire to learn these skills.

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.

Corporate Title: Up to Vice President

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you will find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Job Description:

This job is responsible for providing analytical support in a Global Markets Operations function for one or more operations product areas. Key responsibilities include analyzing and resolving highly complex operations problems and initiatives requiring exceptional handling and coordination of multiple operational and/or product specialists to resolve. Job expectations include managing projects and the introduction of new initiatives, systems, products, services, and processes and coordinating necessary expertise across multiple operations functions and products.

Responsibilities:

• Partners with Sales Associates, Client Outreach teams, GFC/RO’s, Compliance and various other internal operations groups
• Analyzes and resolves highly complex operational problems
• Supports ad-hoc projects for new processes or industry initiatives
• Law/Rule/Reg change implementation management
• Procedure writing

• Resource design and production
• Process design
• People/process/tech change management
• CDD/KYC Onboarding SME/consultant
• Training design and facilitation
• Write and manage communications
• Manage people, process and technology change, including audit issues
• Work with your peers to understand the interdependencies and impacts horizontally across the portfolio of change and act accordingly
• Understand the processes of and advocate for the AML Onboarding organization
• Manage socialization across impacted teams and work collaboratively with stakeholders
• Provide executive summaries on project statuses to senior leadership

Required skills:

• Experience in an AML/KYC related role
• Excellent communication skills, both oral and written
• Demonstrated knowledge of AML/KYC requirements and operational processes
• Strong influencing and executive presentation skills. Must be comfortable and effective interacting at all levels of the organization
• Strong organizational skills
• A flexible, team-spirited approach with the ability to work independently
• Ability to work accurately to tight deadlines in a demanding environment
• Attention to detail
• Proficiency MS Office products

Additional skills:

• Attention to Detail
• Critical Thinking
• Data Collection and Entry
• Recording/Organizing Information
• Research
• Fraud Management
• Interpret Relevant Laws, Rules, and Regulations
• Problem Solving
• Quality Assurance
• Risk Management
• Adaptability
• Customer and Client Focus
• Prioritization
• Result Orientation
• Written Communications

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

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

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

The role is an analytical and strategic resource within the Special Assets Group (SAG), supporting SAG Senior Portfolio Officers (POs) in managing criticized/classified commercial loan portfolio. This includes structuring and underwriting of credit facilities, providing financial and collateral analysis, drafting credit approvals, asset quality forecasting, monitoring covenant compliance and adherence to regulatory requirements.

Responsibilities

• Provide analytical support to SAG POs in developing and executing loan workout, restructuring, and recovery strategies
• Prepare credit approval packages, risk rating analyses, asset quality forecasts, and restructuring recommendations
• Monitor covenant compliance, borrower performance, and collateral adequacy
• Participate in client meetings, negotiations (as appropriate), and strategy sessions with internal/external stakeholders
• Contribute to regulatory reporting, internal audits, and governance processes
• Participate in strategic projects to support business goals
• Build strong partnerships with internal partners, including Corporate Banking, Investment Banking, Legal, Risk, and Finance
• 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

What we are looking for:

• Experience in commercial workout, credit risk management, or commercial loan underwriting related experience
• Knowledge of commercial loan structures, corporate finance, and financial statement analysis
• Familiarity with syndicated and agented loan structures, including multi-lender negotiations
• Excellent written and verbal communication skills, with demonstrated ability to produce clear, persuasive materials for senior audiences
• Proven ability to manage multiple priorities and meet tight deadlines in a high-pressure environment
• Experience working in Corporate Workout, Leveraged Finance, Structured Credit, Distressed Debt Advisory, or a Restructuring team (bank, advisory, or buy-side)
• Experience with collateral valuation, liquidation analysis, and capital markets transactions related to distressed assets
• Proactive self-starter, motivated and with an aptitude to learn quickly under pressure in a fast-paced environment with the ability to manage within tight deadlines

Skills that will help:

• Credit and Risk Assessment
• Critical thinking and problem solving
• Financial modeling and analysis
• Knowledge of loan documentation and credit agreements
• Interpret relevant Laws, Rules, and Regulations
• Collaboration and cross-functional teamwork
• Strong oral and written communication
• Ability to synthesize complex data and present clear, actionable recommendations

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.

Responsibilities:

• You will work with internal stakeholders to document regulatory requirements and analyse data fields
• You will liaise with technology and the business to document business scenarios and define data acceptance criteria
• You will engage with testing and quality assurance processes to confirm accuracy of reporting and ensure project development is aligned to requirements
• You will provide business analysis and project management support on regulatory transaction reporting implementation projects
• You will lead projects and/or remediation requirement documentation efforts based on identified gaps and controls needed for sustained performance
• You will develop, maintain, and report on an overall integrated delivery plan, raising any risks, developing a mitigation plan, and escalating issues appropriately to respective stakeholders

What we are looking for:

• Business Analysis and/or Project Management experience including analysis techniques and project management methodologies.
• Excellent communication, both verbal and written.
• Experience managing stakeholders of all levels & being able to articulate large scale information into executive summaries
• Experience in identifying process improvements and seeing projects through to the end

Skills that will help (optional):

• You will have knowledge of financial regulatory transaction reporting requirements including MiFID/MiFIR (TR and PTT), EMIR, SFTR, CFTC, SEC reporting
• A proven track record of liaising with technology teams will be a plus
• Being able to work unsupervised, to tight deadlines would be a plus
• Experience working with Microsoft Office and JIRA would be an advantage
• Knowledge of structured project management methods such as PRINCE2 or Microsoft Solutions Framework
• Experience implementing process improvement would be a plus.

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.