Job Description:
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!
Job Summary:
The Global Markets Loan Operations Credit Information Group (CIG) primarily supports the Global Credit Trading Desk (GC). The desk trades in a variety of products such as syndicated loans, bilateral loans, bonds, private equity and aircraft. CIG maintains the Information Wall, prepares and executes confidentiality agreements, provides borrower information to clients and manages the credit event process for loan products. Credit events can include amendments, waivers, bankruptcies and corporate restructurings.
Responsibilities:
- Coordinate the credit event process for the desks, support partners and clients
- Interpret legal documentation and other materials related to complex credit events
- Perform due diligence required by flood regulations
- Confidentiality agreement preparation and execution
- Due diligence package preparation and distribution
- Manage the go private process and access to information
Required Qualifications:
- 2-5 years of experience in financial operations, with experience in global markets, loan operations or derivatives being a good to have.
- Presentable, confident and client focused.
- Excellent communications skills and proficiency with numbers/calculations.
- Ability to work under pressure in a team environment.
- Ability to liaise with all levels of the firm and people with different experiences and backgrounds.
- Self-motivated and able to work unsupervised. Candidate will be able to manage own time and know when to escalate.
Desired Qualifications:
- Previous experience within secondary loan trading desired.
- Preferred Systems experience: ClearPar, LoanIQ
- Knowledge of syndicated lending and the Loan Syndication Trading Association.
Shift:
1st shift (United States of America)
Hours Per Week:
40
What We Do
We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth.
Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
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