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Associate, Financial Institutions Credit, Wholesale Credit, Sydney

Sydney, Australia

Job Description:

About Bank of America Merrill Lynch:

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 40 countries. In the U.S alone, we serve almost all Fortune 500 companies and approximately 59 million consumers and small-business customers. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.               

              

Connecting Asia Pacific to the World

Our Asia Pacific team is spread across 23 offices in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

Bank of America Merrill Lynch is committed to attracting, recruiting and retaining top diverse talent from across the globe. Our diversity and inclusion mission is to actively promote an inclusive work environment where all employees have the opportunity to achieve personal success and contribute to the growth of our business. Each of our global Employee Networks bring together employees, create dialogue and awareness in support of our Diversity and Inclusion.

Position Description

Global Corporate and Investment Banking Credit (GCIB Credit) is a front line business unit working closely with Corporate & Investment Banking as well as Global Markets to underwrite credit and manage the bank’s credit portfolio as we execute our strategic business objectives in Australia.

This unique opportunity involves the full breadth of financial products that we offer to our clients which include large banks, fund managers and non-bank financial institutions.  The successful applicant will bring FI credit experience with them and in return we can offer a superb platform for their career learning and development. Located in Sydney, you will join a team of Credit professionals onshore and have the chance to network with Asia regional and global Credit colleagues.

Key Responsibilities

  • Be an active member of deal teams and engage proactively with relationship and product partners
  • Analyze FI clients’ businesses, their financial statements and due diligence materials
  • Prepare insightful credit papers for new requests and ongoing portfolio monitoring purposes
  • Manage day to day portfolio activity and trading flow
  • Identify and escalate emerging risks
  • Understand and apply internal policy, procedures and regulatory requirements
  • Review various legal documents for relevant credit products

Key Requirements

  • Experience in FI credit and relevant industry sector
  • At least 3 years’ experience in banking and finance or related field
  • Knowledge of credit products with a focus on derivatives (ISDA) as well as loans, trade and treasury
  • Proactive - takes initiative and demonstrates ownership
  • Strong written/verbal communication and skills
  • Capability to build relationship with stakeholders within the bank and with clients
  • Appropriate tertiary qualifications

Bank of America Merrill Lynch is an equal opportunities employer.

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Full time

JR-19081862

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Street Address

Primary Location:
1 FARRER PLACE, Sydney, 2000