Director, Corporate Banker, Financial Institutions Group, UK

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:

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:

The Corporate Banking Financial Institutions team is looking to hire a Director located in London to help further grow our successful UK Financial Institutions business where we are active across all financial institution sectors. The specific open role in the UK is to focus primarily on the insurance sector, plus select other non-bank financial institutions. 

The Western European Corporate Banking FIG team is an established team of bankers based in locations in the UK and across several locations in Europe. We are in the process of continuing to expand our European presence and activity, and the London based banker would also operate as a specialist in the insurance sector able to support bankers in other European countries where we have insurance clients.

Our Corporate bankers are experienced in the financial institutions sector and take the lead role in delivering a broad scope of products including financing, capital markets, transaction banking and global markets, all in close co-ordination with Investment Banking and product businesses,

The role will be responsible for developing tactical plans specific to our insurance clients and advising clients on Corporate Banking services and handle all aspects of the client relationship including direction, coordination, and execution of transactions.

Responsibilities:

• Be the senior client manager for a portfolio of key UK insurance and NBFI clients, plus supporting the coverage of insurance clients in Europe;

• Originate, build and manage senior client relationships on a day-to-day basis and provide a first point of contact;

• Manage and develop direct resources and activities across the global franchise to deliver the Bank’s products and services;

• Manage multi-product origination efforts within an integrated coverage model ensuring internal partnerships are seamless and efficient;

• Drive client planning routines (portfolio reviews and planning, product partner meetings, client team meetings) to increase business growth across the BofA product offering;

• Responsible for ensuring the Bank’s activities are conducted in a compliant and risk aware manner.

What we are looking for:

• Deep market knowledge of the insurance sector and the Corporate Banking products and services relevant to the sector;

• Commercial acumen and ability to originate attractive business;

• Outstanding client management, presentation and communication skills;

• Ability to generate appropriate ideas for clients, think strategically and anticipate client needs.

• Self-motivated, tenacious, and able to work with high degree of independence

• Good team player, willing to learn and assume responsibility and be enthusiastic about becoming a member of a successful and growing team

• The ability to manage and prioritize multiple projects and operate effectively both individually and as part of a high performing team.

Key Skills:

• English

• Other languages an advantage

Benefits of working at Bank of America:

• 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 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.