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Corporate Credit Analyst

Bank of America

Bank of America

IT
Dublin, Ireland · United States · Remote
Posted on Wednesday, June 19, 2024

Job Description:

Job Title: Corporate Credit Analyst

Corporate Title: Analyst

Location: Dublin

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.

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!

Location Overview:

Overlooking the spectacular Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office. Travel options include the LUAS, Dublin Bus networks as well as the Dublin Bikes station, positioned just outside our front doors. As part of our commitment to supporting staff travel to and from work in the most sustainable way possible, we also provide tax saver tickets as part of our award-winning benefits package which means getting to work has never been easier.

Role Description:

As part of Global Banking & Markets, GCIB Credit manages and delivers the credit relationship for wholesale clients in accordance with the company’s growth strategy and underwriting standards. While we are an independent function, we work closely with various lines of business, relationship managers, product specialists and Risk.

Global Banking & Markets includes corporate banking, investment banking and sales & trading. The group provides services to large corporations, government entities and institutional investors. These services include mergers and acquisition advice, equity and debt capital raising, corporate lending, sales and trading in fixed income, commodities, currency and equities, risk management, research, and liquidity and payments management. GCIB Credit is responsible for analyzing and underwriting debt financing solutions and derivative strategies for e corporate clients.

Responsibilities:

• Develop and maintain a deep understanding of the Global Banking & Markets product spectrum.

• Develop and maintain a deep understanding of the portfolio at the client, industry, and macro level in order to assess risk and craft value added solutions that balance risk.

• Assess the credit worthiness, including assessment of financial statements, due diligence of prospective borrowers and/or trading counterparties and establish appropriate terms and conditions to mitigate risk.

• Assist with structuring of transactions and negotiating credit documentation including; credit agreements, amendments, ISDAs, and CSAs.

• Drive deal selection, screening and transaction management process.

• Ensuring granularity of the portfolio with specific reference to targets for net country/credit capital, legally binding commitments, total exposure and asset quality.

• Establish appropriate internal risk ratings for clients and implement accurate adjustments throughout the client’s credit life cycle.

• Develop, maintain, and manage internal relationships with business partners including Corporate and Investment Bankers, Sales & Trading, Risk Management, Syndications, and Legal.

• Participate in strategic projects to support business goals.

What we are looking for:

• Credit risk experience

• Corporate/ FI credit skills and risk judgment and ability to defend rigorously a fact based point of view.

• Understanding of credit risk sensitivities in the portfolio and risk drivers of the exposures.

• Knowledge and keen interest to learn about issues related to industry risk, transaction risk an awareness of country risk factors, reputational risk and operational risk.

• Excellent communication skills, both written and oral – ability to be concise and with attention to accuracy and detail.

• Ability to quickly absorb and follow internal credit policies and procedures; demonstrated ability to continuously learn and adapt with a good work ethic.

Skills that will help:

• Effective interpersonal and communication skills with ability to resolve issues in a professional and timely manner working in a team.

• Excellent organizational skills with ability to prioritize and work under pressure to ensure to meet deadlines.

• Fluency in use of all Microsoft Office applications, particularly Excel.

• French or German language skills would be preferable

Benefits of working at Bank of America:

Ireland

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 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 Employee Assistance Program for confidential support and help for everyday matters

• Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan

• Ability to donate to charities of your choice and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland’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.

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 gender, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, membership of the Traveller community, age, sexual orientation, pregnancy or maternity, civil status, socio-economic background, family status 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.