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Global Vendor Finance - Credit Officer, Global Vendor Finance

London, , United Kingdom

Job Description:

The Leasing Credit Officer position sits within a team of credit professionals supporting the Global Leasing International platform that includes sales origination teams within the Global Vendor Finance (GVF) markets and requires a professional with EMEA regional experience. The position will provide KYC/AML assistance as well as credit support to the credit officers located in London, and will include basic underwriting, and working with other Bank of America Merrill Lynch colleagues involved in credit, risk and/or relationship management.

Partnering with Credit Officers, the individual will be responsible for supporting the end-to-end credit management process. Responsibilities include completion of Know Your Customer/Client Onboarding as well as KYC refreshes; data verification of new/existing deals on source systems; posting of documents to electronic credit file; spreading financials; gathering underwriting information and completing basic underwriting, maintaining internal files and ensuring systems and data integrity. The ability to efficiently multi-task, and be decisive are important keys to success.  Part of responsibilities may include interpreting/analyzing financial statements and documentation in one of the major European languages (i.e. German, French, Spanish or Italian).

Description of Business:

GVF provides customer financing programs for capital equipment manufacturers, software developers, distributors, and service providers, working primarily with clients of Global Commercial Banking and the Global Investment Banking group that have revenues in excess of $200MM.  GVF's wide variety of program structures and services help our clients differentiate themselves from competitors, create incremental sales, enhance cash flows, and increase market share and profits.  GVF handles transactions ranging from $5,000 to $25 million plus.

Global Leasing, a part of GCIB, is the largest U.S. equipment financing company, serving nearly 52,000 clients worldwide. Together with our affiliated companies we provide customized financing solutions that address the capital raising and equipment financing needs of businesses worldwide. We offer industry leadership, capital strength and specialized expertise to small businesses, middle-market and large corporations, offering product expertise in government financing and wholesale vendor financing, as well as tailored programs specific to industry segments, including aviation, healthcare, energy services and renewable energy.

Preferred Qualifications & Skills:

  • Undergraduate business degree desired (accounting and finance)

  • Strong organizational skills (time management, multi-tasking, prioritization)

  • Strong computer skills and attention to details

  • Strong communication skills (written and verbal)

  • Work effectively, both as a team member and independently

  • Language skills preferred (ability to interpret financial statements and review documentation in language) – German, Spanish, Italian or French (multiple language is a plus)

  • Customer service

  • Results oriented, is able to accomplish objectives in a specified timeframe           

  • Travel - 10%

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work.

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, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Learn more about this role

Full time

JR-21007901

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Manager:

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Check out the London office

We’re a stone’s throw from the London Stock Exchange and the iconic St. Paul’s Cathedral and a short walk to the artsy scene and trendy gastropubs in Shoreditch.

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Street Address

Primary Location:
2 King Edward St, London, EC1A 1HQ