Senior Leasing Syndications Support Specialist

Job Description:

Job Title: Senior Leasing Syndications Support Specialist
Corporate Title:  Director
Location:  London UK 

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:

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.

Role Description:

Bank of America’s International Asset Finance business provides asset finance solutions to large corporate clients across the EMEA region.  International Asset Finance finances a broad range of asset classes including shipping, rail, over the road transport, construction, mining and technology.  The IAF team in EMEA is constituted of dedicated originations, transaction management, credit underwriting, risk management, equipment management, pricing, legal and operations professionals in London, Dublin and Frankfurt.

The business is seeking to hire a Syndications professional to enable the business to lead multi-bank club and syndicated facilities, maintain portfolio liquidity, validate market pricing and terms and centrally manage financial institution relationships across the EMEA region.  The role is critical to driving growth in the business, delivering comprehensive solutions to clients and managing risk

Responsibilities:

• Lead the distribution activities for leasing and asset finance transactions originated in EMEA

• Maintain investor relationships across EMEA, including arranging regular in-person investor meetings

• Prepare teasers, information memorandums, term sheets and other due diligence materials for investors

• Prepare and present pricing validation and syndication marketability appraisals to deal approval panels

• Attend client meetings to provide market updates on investor appetite

• Support the Head of IAF and senior originators in the team’s efforts to structure, originate and execute leasing and asset finance transactions in EMEA on liquid and market clearing terms;

• Undertake client research and preliminary desktop credit analysis

• Prepare internal transaction memos for circulation to various deal approval panels

• Work closely with Transaction Management, Pricing, Equipment Management, Legal, Credit and Risk Management to ensure transactions are appropriately vetted, executed and monitored

• Regularly coordinate and communicate with a global syndications team in the U.S., EMEA and APAC

• Liaise with Corporate and Investment Banking associates across the bank’s EMEA branch network including Financial Institution coverage bankers.

What we are looking for:

• Undergraduate degree

• Post graduate degree or qualification in business, economics, accounting or finance

• Minimum of 7-years professional experience in a financial institution

• Intimate knowledge of secured lending products including leases and loans

• Deep asset finance experience and market knowledge

• Experience in, and knowledge of, shipping and transportation financing, large ticket manufacturing and/or structured cash flow based financing is an advantage

• High attention to detail, excellent communication skills, excellent time management skills

• Proficient in the use of Microsoft PowerPoint, Excel, Word and a familiarity with Bloomberg

• Accustomed to working in a transaction-based environment with demanding deadlines

• Fluency in multiple languages is an advantage;

• Availability to travel within EMEA, on both regular and ad hoc, transaction specific basis.   

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.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organization 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 favorable 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.