GMC ABSF Credit Officer London, United Kingdom;Paris, France **Job Description:** **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** **London** 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. **Paris** Based in the 8th arrondissement and within the Parisian Golden Triangle, our beautiful Art-Deco era office benefits from luxury modern workspaces, an abundance of natural light and is easily accessible by public transport. **The Team** Global Markets Credit ("GMC") is responsible for ensuring robust and consistent credit underwriting for Global Markets lending activities, which includes financing facilities secured by a range of financial and physical assets. Within GMC, the team member will assist with the credit underwriting and ongoing portfolio management functions for the EMEA asset backed securitization finance ("ABSF") portfolio. The ABSF portfolio is comprised of warehouse and term loan positions with associated derivative trading lines secured by a variety of consumer and commercial assets including auto loans and leases, credit card receivables, equipment loans and leases, residential mortgages. The team member will work closely with both senior and junior team members within the GMC Specialty Finance team as well as other constituents within GMC. You will coordinate closely with the ABS Banking team, the Rates trading team, and various Risk partners to help drive responsible loan growth. We also partner with other parts of Enterprise Credit to leverage industry-specific expertise. **Responsibilities** + Key responsibilities will include participation in transaction screening, term negotiation, due diligence of seller/servicers including reviewing their underwriting and servicing capabilities, and credit approval process. + The team member will review and potentially question all elements of transactions including structure, collateral, and cashflow stress analysis. + Post-close, you will have responsibility for ongoing deal and portfolio monitoring and will exercise credit approval authority for amendment/waiver/renewal/extension activity. + The team member will assist in the preparation and review of credit approval memos. + The role will also assist with periodic reporting requirements, policy and procedure updates, risk rating scorecard maintenance, regulatory inquiries, limit requests, and other ad hoc projects. **What we are looking for** + Bachelor's degree required; Finance, Accounting, or Economics majors preferred with excellent academic credentials. + Prior experience in financial services. Relevant prior experience may include roles in: credit risk management, credit underwriting, structuring, loan origination, or public rating agencies + Familiarity with securitization structures and an understanding of macroeconomic drivers + You will likely have had experience of reviewing lending or debt transactions including securitization or collateral based lending facilities and derivatives. + Excellent analytical skills, personal drive, initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility + Highly organized with excellent oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners + You should have excellent team collaboration skills, willing to support more junior members of the team as required. + Proficiency with Word, Excel and PowerPoint, along with ability to quickly learn new programs and applications + High level of attention to detail **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. France + Competitive retirement plan in addition to State plans + Mandatory Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family. + Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers + Life and disability insurance + Time Savings Account (‘CET’) to save some of your leave days, cash them out or use them later + Reimbursement of 50% of your commuter pass + Nursery scheme for children under age 3 + Works council benefits + Access to an Employee Assistance Programme for confidential support and help for everyday matters + Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering with local charities + Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris **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. Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.