Bank Of America GCIB GMC Associate 

United Kingdom, England, City of Westminster 

481442523

Responsibilities:

• Develop and maintain a deep understanding of the Global Banking & Markets product spectrum.

• Develop and maintain a deep understanding of the portfolio at the client, industry, and macro level in order to assess risk and craft value added solutions that balance risk.

• Assess the credit worthiness, including assessment of financial statements, due diligence of prospective borrowers and/or trading counterparties and establish appropriate terms and conditions to mitigate risk.

• Assist with structuring of transactions and negotiating credit documentation including; credit agreements, amendments, ISDAs, and CSAs.

• Drive deal selection, screening and transaction management process.

• 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.

• Develop, maintain, and manage internal relationships with business partners including Corporate and Investment Bankers, Sales & Trading, Risk Management, Syndications, and Legal

• Credit risk experience, analyzing Corporate and/or FI credits at a financial institution, assessing clients in different sectors and structuring transactions,

• Corporate/ FI credit skills and risk judgment and ability to defend rigorously a fact based point of view.

• Understanding of credit risk sensitivities in the portfolio and risk drivers of the exposures.

• Knowledge and keen interest to learn about issues related to industry risk, transaction risk an awareness of country risk factors, reputational risk and operational risk.

• Excellent communication skills, both written and oral – ability to be concise and with attention to accuracy and detail. .

Skills that will help:

• Effective interpersonal and communication skills with ability to resolve issues in a professional and timely manner working in a team.

• Fluency in use of all Microsoft Office applications, particularly Excel.

• French or German language skills would be an advantage

• 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.