Vice President, DCM Syndicate, SSAs – Global Capital Markets – Sydney

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
 

Our Business

Global Corporate and Investment Banking (GCIB), focuses on building long-term relationships with multinational corporations, financial institutions and financial sponsors, by providing advisory expertise and capitalizing on mergers and acquisitions, corporate banking, lending, treasury, debt and equity product expertise to deliver integrated financial solutions.

The Debt Capital Markets (DCM) team are plugged into both the short-term dynamics of the market and the long-term strategic vision of investment banking. Our work involves daily interaction with both bankers and public-side sales and trading colleagues, as well as a high level of contact with our clients. Providing market-leading insights to issuers as well as strategic advice on opportunities and solutions. We work under pressure, with tight deadlines which results in a dynamic and stimulating working environment.  

The BofA Australia Debt Capital Markets (DCM) team serves as a leading capital markets partner to a broad range of issuers, including corporates, financial institutions, and sovereign, supranational and agency (SSA) clients. The team provides comprehensive coverage across global funding markets, delivering strategic advice, structuring expertise and seamless execution across the full suite of bond products.

BofA holds the #1 DCM franchise for G3 currency bonds among Australian and New Zealand issuers, underpinned by deep global distribution strength, extensive investor connectivity and a long‑standing track record of arranging landmark transactions across market cycles.

Building on this global leadership, the team is placing increased focus on the Australian dollar (AUD) market, with a particular emphasis on high‑grade issuance, SSAs, and credit‑linked transactions. This effort is supported by BofA’s market‑leading FICC Sales & Trading platform, comprising dedicated rates and credit specialists in Sydney, ensuring clients benefit from real‑time market insights, superior pricing outcomes and execution excellence.

Aligned with the bank’s broader growth agenda, the Australia DCM team is executing a renewed strategy to expand its presence in the traditional Kangaroo SSA segment, deepening engagement with global supranational and agency borrowers seeking efficient access to the AUD market.

As market activity grows and issuer needs become increasingly sophisticated, the team is also enhancing its syndicate execution capacity to support higher transaction volumes, faster execution windows, and more complex multi‑currency funding strategies. This includes strengthening on‑the‑ground resources in Australia, bolstering coordination with global syndicate teams, and expanding capabilities across pricing, orderbook management, investor engagement and post‑deal analytics. These enhancements ensure BofA maintains best‑in‑class execution quality while meeting rising client demand in both the G3 and AUD markets.

The Position

There is an opportunity for a Syndicate resource in Australia dedicated to the origination, syndication and execution of AUD debt transactions across products, with a primary focus on the SSA market for both onshore and offshore issuers. This role will be central to expanding BofA’s presence in the high‑grade Kangaroo segment while supporting the coverage of domestic Rates issuers, including sovereign and semi‑government borrowers, alongside AUD credit transactions.

The position will hold full execution responsibility for all AUD SSA issuance, working closely with domestic stakeholders and coordinating seamlessly with offshore DCM teams to capture global issuance opportunities. The role will be deeply involved throughout every stage of the transaction lifecycle, including organizing and arranging issuer marketing, gathering and synthesizing investor feedback, shaping issuer strategy, and driving momentum through execution.

In addition, the position requires strong risk awareness and proactive engagement with Compliance and Legal to ensure alignment with regulatory requirements and BofA’s broader governance standards.

Key Competencies / Skills

• Deep familiarity with bond market transaction processes, with an emphasis on SSA and high‑grade issuance in the AUD market.
• Strong knowledge of the Australian issuer and investor landscape, including understanding the dynamics of sovereigns, semi‑governments and supranational agencies.
• Solid understanding of bond maths and derivatives, particularly as they relate to pricing, execution and risk management in SSA‑focused transactions.
• Proficiency in Fixed Income analytics, with the ability to interpret curve behavior, spreads, swap dynamics and cross‑market comparable relevant to SSA borrowers.
• Experience using Bloomberg for market monitoring, pricing, analytics and investor targeting, with fluency in SSA‑relevant functions.
• Exceptional attention to detail to ensure precision in market data, pricing indications, investor feedback and transaction documentation.
• Confidence in pitching trade ideas and execution strategies to high‑grade issuers and leading transactions across both Kangaroo SSA and domestic Rates markets.
• Strong business and industry knowledge, with a deep understanding of both global SSA funding programs and the local AUD capital markets ecosystem.
• Comprehensive understanding of AUD rates markets and issuing dynamics, including swap markets, curve structure and demand drivers for SSAs and semi‑governments.
• Knowledge of global borrowers active in AUD markets, including issuance patterns, funding frameworks and investor reception.
• Understanding of AUD‑specific documentation requirements and formats suitable for SSA, semi‑government and high‑grade credit issuers.
• Existing relationships with key debt decision‑makers, particularly among sovereign, semi‑government and SSA issuers, is highly advantageous.
• Awareness of the regulatory environment relevant to DCM and syndicate activities, including governance and disclosure requirements for SSA and Rates markets.
• Ability to work effectively in a small, high‑performing team, demonstrating strong collaboration and communication skills.
• Close coordination with Asian and global syndicate desks, ensuring consistent messaging, investor engagement and global alignment on SSA opportunities.
• Effective liaison with global DCM teams, providing accurate pricing guidance, market colour and strategic recommendations for offshore SSA issuers considering AUD.

Requirements:

• Relevant University degree
• 5 years+ relevant experience in DCM Syndicate, with a strong preference for experience in SSAs
• Experience in similar roles or with extension Syndicate interaction may be considered

Disclaimer:

Apart from Bank of America, National Association, Australian Branch, none of Bank of America’s legal entities are Authorized Deposit-taking Institutions authorized under the Banking Act 1959 of Australia nor regulated by the Australian Prudential Regulation Authority