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Bank Of America GCIB Credit Associate Leveraged Finance 
United Kingdom, England, City of Westminster 
848251837

30.07.2024

Role Description:

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Responsibilities:

  • Work closely with senior members of the department, building experience in the leveraged finance market, and provide support at all stages of the credit life cycle.

  • Assist with the review of due diligence, assessment of forecasts and/or building of models, and writing of credit memorandum.

  • Provide guidance regarding drivers of loan returns and profitability.

  • 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.

  • Maintain timely and accurate monitoring (risk ratings, financial reports, compliance certificates, forecasts, and annual reviews).

  • Support more junior members of the team, share experience and best practice.

  • Ensure adherence to prevailing credit policy and procedures.

  • Develop an understanding of core documentation across loans and derivatives.

  • Have exposure to the full Global Banking & Global Markets product spectrum with engagement across multiple stakeholders, including Leveraged Finance, Financial Sponsors, Investment Banking, Corporate Banking, Sales & Trading, Legal, and Risk.

  • Participate in strategic projects to support both team and business goals.

Skills that will help:

  • Relevant experience with a major financial institution

  • Corporate credit background, with leveraged finance experience preferred but not compulsory.

  • Credit risk awareness and understanding of risk drivers on appetite, exposures and ratings.

  • Able to extract and assess information relating to credit quality, analytically curious.

  • Competent with Microsoft Office applications, particularly Excel.

• 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.