Assistant Vice President - Agency Management Officer - Credit Operations

Job Description:

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!

Job Description:
 

Your background

• University degree with preference in Finance
• 7-10 years with Min 3-5 years of relevant experience in Facility Agent business
• Solid knowledge and understanding of credit products and syndication process and governing documents including complex agreements.
• Knowledge Loan IQ would be advantageous.
• Ability to critically think and possess a healthy skepticism.
• Good team player who works accurately and independently who takes ownership for driving results with a high level of initiative.
• Able to support in Hong Kong Business
• Strong written and verbal communication skills at all levels and across all disciplines

What you can expect 

Act as primary contact/coordinator for internal and external business partner and issuer requests and inquiries related to complex and sensitive syndicated or club credit facilities for which Bank of America acts as Administrative Agent. Has advanced knowledge of credit products and syndication process and governing documents, including highly complex unsecured/secured credits and troubled deals. Reviews and comments on loan agreement drafts for clarity, agency issues, and operational feasibility to ensure that final documents are workable for all parties; closes new deals, amendments, waivers, and consents.

What you will do

• Reviewing Term Sheet and provide Fee quotation from Agency Fee Model.
• Reviewing loan documentation from an operation perspective.
• Coordinating with internal stakeholder on the closing process including initial drawdown, fees, and conditions precedent etc.
• Coordinating with external counsel and advisers on various loan agency matters.
• Handle waivers/amendments.
• Coordinate on the first drawdown with Client Service Team. Provide a deal briefing and prepare loan summary.
• Follow up financial undertaking during the loan cycle.