Job Description:
Job Title: Export and Agency Finance, Global Payments Solutions
Corporate Title: Vice President
Location: London/Frankfurt/Stockholm
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.
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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:
Export & Agency Finance ("EAF") is a core growth area for the Global Trade and Supply Chain Finance business. BofA is currently in an expansion mode and the EAF business requires transactors with technical expertise to lead documentation negotiation, cash flow modeling, risk analysis, ESG expertise, and broader EAF related product knowledge related for long term debt structuring.
Role Description:
You will serve as a Vice President within the BofA Export & Agency Finance ("EAF") team in London, Frankfurt or Stockholm. The focus will be on Europe Middle East Africa (EMEA) deal origination and structuring utilizing the full suite of BofA partners at Export Credit Agencies, Multi-Lateral Agencies, and Development Finance Institutions to provide risk mitigation or funding for large scale CAPEX projects. The global EAF team has presence in New York, London, Paris, Seoul and Singapore and are currently looking to expand to meet our clients' business needs. The candidate will need to have considerable marketing and structuring skills to drive origination and execution of new EAF opportunities. Relationship management with the EMEA based Agencies for global opportunities will also be a key responsibility.
Responsibilities:
• Originate, structure, syndicate, and execute EAF related transactions in the EMEA region
• Help drive comprehensive strategy for EMEA EAF and coordinate with the global team to partner for cross-border deal structuring with the global BofA client base
• Travel across EMEA for deal origination and present innovative ideas for new financing opportunities
• Present new financing proposals for approvals to internal BofA senior management
• Coordinate with product partners to deliver joint pitches where appropriate (DCM, leasing, Markets, ABS, etc)
• Lead deal negotiations with borrowers and work with internal partners to carry deals to financial close
• Identify product gaps/opportunities and drive innovative solutions to deliver industry-leading solutions to the broader BofA client base
• Work closely with Corporate Banking, Wholesale Credit, Operations, Compliance, Legal, and Risk partners to drive profitable, responsible growth while enforcing risk discipline/awareness and product suitability
• In partnership with Marketing and Trade PSS execs, increase visibility of the Bank's EAF business by supporting execution of a comprehensive internal/external marketing campaign
• Work with Trade Distribution and DCM partners to syndicate new transactions
• Represent the Bank at Trade conferences and on industry working groups
• Work with junior colleagues to foster development among the team
• Partner with Environmental and Social Governance group to identify priority transactions
What we are looking for:
• Prior experience in EAF or transferrable debt related product structuring
• Cash flow modelling and pricing analysis
• Ability to work cohesively with a broader team globally
• Basic orientation with EAF suite of products
• Relationship management skills to manage broader client base
Skills that will help:
• European language capability
• Strategic planning and management - ability to create and implement EAF origination
• Understanding of trade and project finance
• Industry specific expertise
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.