Bank Of America Vice President Securitisation & ABS Credit 

Australia, New South Wales, Sydney 

133976965

Job Description:

Job Description:

Global Markets Credit (GMC) organization is responsible for credit underwriting, ongoing monitoring, and portfolio management of Global Markets (GM) financing and traded products transactions.

Role/Responsibilities

• Credit underwriting, approval, monitoring, risk management of structured lending transactions backed by various asset classes including Credit Cards, Auto Loans, Residential Mortgages, Equipment Loans and Leases etc.
• Partner with the Origination team in preparation of underwriting materials, manage overall creation and submission of credit approval memo (CAM), approve CAMs and secure risk approvals.
• Due diligence of originators, sellers / servicers including reviewing their underwriting and servicing capabilities.
• Ongoing monitoring of transactions including asset performance and aggregate portfolio surveillance data Development, implementation and production of critical reporting.
• Communication with senior business and risk management personnel on specific transactions and key market developments.
• Developing, establishing and maintaining credit policies/procedures and limit frameworks, including underwriting and portfolio guidelines.

Qualifications

• 5+ years Counterparty Credit experience covering securitized products and/ or warehouse lending. Structuring or origination experience in securitized products will be added advantage.
• Strong credit risk analysis and conclusion-oriented analytical skills. Knowledge of products such as Intex/rating agency models or an understanding of internally developed cashflow models used to review securitization structures.
• Master’s degree in finance, Business Administration or related fields. CFA/FRM or other professional qualification will be highly preferred.
• Strong organizational, oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners.
• Ability to establish partnerships across the organization (Trading, Sales, Risk and support partners) and build effective work groups, requiring strong influencing and negotiating skills.