Credit Underwriter - Leveraged Finance at Bank of America | London, England | Rezi

Credit Underwriter - Leveraged Finance at Bank of America

Credit Underwriter - Leveraged Finance

Bank of America · London, England

1 months ago

Credit Underwriter - Leveraged Finance

Bank of America · London, England

a month ago
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About the Role

Leveraged Finance Credit supports the development, due diligence, approval, and implementation of leveraged transactions, including leveraged buyouts, mergers and acquisitions, refinancings, recapitalizations, and restructurings.

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).
  • 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.

Requirements

  • Relevant experience with a major financial institution; preferably being on or having completed a graduate scheme or equivalent program.
  • 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.
  • Positive and proactive ‘can do’ attitude with a willingness to learn and adapt.
  • Competent with Microsoft Office applications, particularly Excel.

Location

  • London

Benefits

  • Competitive benefits to support their physical, emotional, and financial well-being.

About the Company

  • 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!
  • Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve.
  • Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates.
  • Opportunity and Inclusion Each employee brings unique skills, background and opinions.
  • We see opportunity and inclusion as our platform for innovation and a key component in our success.
  • Our Values Learn about our four values that represent what we believe.

Equal Opportunity

  • We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, 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.