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Bank Of America GCIB Credit Risk Leveraged Finance 
United Kingdom, England, City of Westminster 
93198286

25.06.2024

Job Description:

Job Title:GCIB Credit, EMEA Leveraged Finance

Vice President/Director

Role Description:

GCIB Credit Leveraged Finance supports the development, due diligence, approval and implementation of leveraged transactions for corporate and financial sponsors. Typical transactions include leveraged buyouts, mergers and acquisitions, refinancings, recapitalizations, and restructurings.

As a senior member of the team and reporting directly to the Head of GCIB Credit EMEA Leveraged Finance, you will:

  • Lead deals through the internal approval processes, deliver consistent credit support and seamless execution for our business partners.

  • Perform credit analysis (incl. forecasts), risk rating assessments, review of due diligence, and writing of credit memorandum.

  • Review and negotiate documentation (loans and derivatives) where appropriate.

Responsibilities:

  • Provide independent assessments and recommendations to approval committees and senior decision makers.

  • Work closely with junior members of the team, mentoring and coaching where necessary.

  • Have primary credit responsibility for a portfolio of names; maintaining timely and accurate monitoring (risk ratings, financial reports, compliance certificates, forecasts, and annual reviews etc.).

  • 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.

  • Ensure adherence to prevailing credit policy and procedures.

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

  • Engage professionally with third parties, such as legal counsel, due diligence sessions, management teams, and client representatives.

Skills that will help:

  • Strong stakeholder and transaction management

  • Credit risk awareness and understanding of risk drivers on appetite and ratings

  • Familiarity with structures and terms

  • Relevant experience within Leveraged Finance preferred

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.