Bank Of America Director Special Assets Group Executive 

United Kingdom, England, London 

264416822

The SAG Executive position (individual contributor) requires the management of large corporate / syndicated (problem) credit exposures within the classified and criticized portfolio. The exposures are most often to bank clients that are customers of our international Investment Banking and Capital Markets business lines in EMEA and APAC.

What we are looking for

• Minimum of 7+ years of experience in corporate workout, credit restructuring, or related risk management experience.
• Strong credit analysis and underwriting skills, including risk rating, structuring, and covenant assessment.
• Analytical/technical skills, including financial accounting, modeling and loan structuring
• Strong communication skills; ability to communicate vertically, horizontally, and externally
• Industry knowledge across multiple sectors

Skills that will help:

• Corporate workout / commercial loan management experience (large corporate / syndicated credit experience)
• Ability to manage both internal and external bank participant / client communications and negotiations, hence strong communication and negotiation skills are required
• Experience in managing syndicated & agented credit transactions with multiple lenders is a pre-requisite for this position
• Knowledge and experience in cross border insolvencies and business reorganizations
• Establish effective business partnerships with internal stakeholders, including Corp. & Inv. Banking teams
• Effective coordination with both internal and external legal counsel
• Possess strong credit risk management capabilities
• Collaborative skills which support the execution of viable debt restructuring solutions (including the workout or resolution of problem loans)
• Effective forecasting and management of portfolio Asset Quality
• Knowledge and experience in the credit and capital markets is preferred
• Strong organizational skills are also a pre-requisite
• Mentor and develop junior team members in deepening their analytical skills and their professional workout experience
• Sufficient familiarity with ancillary banking products – e.g., treasury services, derivatives, commercial card, and deposits

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.