Global Markets Loan Operations

2 weeks ago

London, United Kingdom myGwork Full time

This inclusive employer is a member of myGwork – the largest global platform for the LGBTQ+ business community.
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.
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.
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. Based just a stone’s throw from the magnificent St. Paul’s Cathedral is our London MLFC office, on bustling King Edward Street. Finally, your physical wellness is well-catered for with our onsite gym facilities and onsite medical centre.
The main trading desk supported is the Global Credit Loan Trading Desk however the team also supports additional business areas such as Mortgages, Equity Structured Finance and Commodities. Responsible for preparing, negotiating and agreeing loan trade documentation with the trading desk, Legal and clients. Comprehensive and extensive review of documentation to ensure compliance with transfer, tax, legal eligibility criteria.
Managing par and distressed asset inventory and coordinating trade settlement with external counterparties.
Involvement with departmental project work, including system platform enhancements and process review.
Manage, annotate, report and escalate all exceptions to senior management, line of business and business supervisory.
Loan Servicing, Loan Settlements, Loan Corporate Actions, Legal, Compliance, Tax and Agent Banks
Risk focussed and able to identify issues and escalate to management.
Skills that will help:
Strong Microsoft Office Skills: Excel, Word, Outlook
Legal background or handling of legal documents.
Additional languages
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 virtual tutoring 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
Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area
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.

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