Credit Analyst - Subsidiary Lending Group

Job Description:

Job Title: Credit Analyst I

Corporate Title: Assistant Vice President

Location: London

Company Overview

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

The Team

The Enterprise Credit Subsidiary Lending Group (EC SLG) is responsible for independent administration of a client portfolio facilitating credit for local subsidiaries of multinational clients, managing the local credit process, and providing dedicated support to the Global Subsidiary Banking business. Based in 12 countries across three regions, EC SLG performs the role of the Local R-Credit Specialist, including completion of credit administration functions for a client portfolio, and coordination of local jurisdictional requirements with key stakeholders and local business partners.

Responsibilities

• Independent administration of a client portfolio facilitating credit for local subsidiaries of multinational clients.
• Facilitate preparation, negotiation & completion of credit documents & loan agreements
• Direct interface with global credit teams, local subsidiary banking team & external clients
• Drive through completion of credit deals in a timely manner.
• Help manage and adhere to the local Legal Entity approval and booking process, coordinating with Tax, Legal, Finance, Compliance & local Management teams where requires.
• .

Requirements

• Actively contribute to the development of the Enterprise Credit Subsidiary Lending business.
• Behaves appropriately, professionally and with integrity, demonstrating high-levels of conduct, in all aspects of work.
• Deliver to our Shareholders by helping the Bank grow responsibly.
• Ability to actively manage Risk.
• University graduate or equivalent and/or track record of relevant experience.
• Credit background with knowledge of Corporate Banking products and services.
• Experience with reading / interpreting loan agreements & related documentation.
• Excellent written skills and ability to communicate effectively at all levels.
• Team player, results oriented, shows ability to adapt and is able to work under pressure.
• Demonstrates time management and can prioritise workload.
• Ability to coordinate with multiple points of contact (internal and external).

Benefits of working at Bank of America

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.

Bank of America

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.