Job Title: Director, Special Assets Group Executive
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.
We are committed to being a diverse and inclusive workplace, investing in our teammates and their families, and offering competitive benefits to support their well-being. We believe in working together and providing flexibility depending on roles.
Joining Bank of America offers opportunities to learn, grow, and make an impact. Join us!
Location Overview: Our London office is located near St. Paul’s Cathedral on King Edward Street, featuring modern workspaces, a state-of-the-art auditorium, an onsite restaurant with sustainable seasonal menus, a rooftop terrace with views of London, an onsite gym, and a medical centre.
Role Description: The SAG Executive (individual contributor) manages large corporate and syndicated credit exposures within the classified and criticized portfolio, mainly to clients of our Investment Banking and Capital Markets in EMEA and APAC.
Skills That Will Help:
* Experience in corporate workout and commercial loan management (large corporate/syndicated credit)
* Strong communication and negotiation skills for managing internal and external bank/client interactions
* Experience with syndicated & agented credit transactions involving multiple lenders
* Knowledge of cross-border insolvencies and reorganizations
* Ability to establish effective internal business partnerships, including with legal counsel
* Strong credit risk management capabilities
* Skills in executing viable debt restructuring solutions
* Effective portfolio asset quality management and forecasting
* Knowledge of credit and capital markets (preferred)
* Strong organizational skills
* Mentoring junior team members
* Familiarity with ancillary banking products like treasury services, derivatives, commercial cards, and deposits
Benefits of Working at Bank of America UK:
* Private healthcare for you and your family, plus annual health screening
* Competitive pension, life assurance, and income protection
* Back-up childcare and adult care services
* Flexible benefits, wellbeing accounts, travel insurance, critical illness cover
* Access to mental health support, virtual GP, and Employee Assistance Program
* Charity donation matching
* Arts & Culture memberships and community volunteering opportunities
Our Commitment: We prioritize good conduct, sound judgment, and individual accountability. We are an equal opportunity employer and encourage candidates to inform us of any adjustments needed for the recruitment process.
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