Vice President, Leveraged Finance Credit Manager

Location Overview:

Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

Role Description:

Leveraged Finance Credit 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 one of the Co-Heads of EMEA Leveraged Finance Credit, 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
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. Read more