Job Title
Leasing Credit Underwriter
Location
London, United Kingdom; Dublin, Ireland
Corporate Title
AVP
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. 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!
The Team
Global Vendor Finance (GVF) provides customer financing programs for capital equipment manufacturers, software developers, distributors, and service providers, working primarily with clients of Global Commercial Banking and the Global Investment Banking group that have revenues in excess of $200 million. GVF's wide variety of program structures and services help our clients differentiate themselves from competitors and create incremental sales, enhance cash flows, and increase market share and profits. GVF handles transactions ranging from $5,000 to $25 million plus.
Global Leasing, a part of the Asset Based Finance (ABF) Group, is the largest U.S. equipment financing company, serving nearly 52,000 clients worldwide. Together with our affiliated companies we provide customized financing solutions that address the capital raising and equipment financing needs of businesses worldwide. We offer industry leadership, capital strength and specialized expertise to small businesses, middle‑market and large corporations, offering product expertise in government financing and wholesale vendor financing, as well as tailored programs specific to industry segments, including aviation, healthcare, energy services and renewable energy.
Job Description (Responsibilities)
The Credit Underwriter position sits within a team of credit professionals supporting the Global Leasing International platform that includes sales origination teams within the Global Vendor Finance (GVF) markets and requires a professional with EMEA regional experience. The position will provide credit support to the GVF Credit Underwriters located in London, and will include basic underwriting, and working with other Bank of America colleagues involved in credit, risk and/or relationship management.
Partnering with the GVF Credit Underwriters, the individual will be responsible for supporting the end‑to‑end credit management process. Responsibilities include data verification of new/existing deals on source systems; posting of documents to electronic credit file; spreading financials; gathering underwriting information and completing basic underwriting, maintaining internal files and ensuring systems and data integrity. The ability to efficiently multi‑task and be decisive are important keys to success. Part of responsibilities may include interpreting/analyzing financial statements and documentation in one of the major European languages (i.e. German, French, Spanish or Italian).
Travel: 10%
What We Are Looking For (Qualifications)
* Undergraduate business degree desired (accounting and finance)
* Exceptional organisational skills (time management, multi‑tasking, prioritization)
* Strong computer skills and attention to detail
* Effective communication skills (written and verbal)
* The ability to work effectively, both as a team member and independently
* Language skills are desirable (ability to interpret financial statements and review documentation in language) – German, Spanish, Italian or French
* Demonstrated customer service skills
* Results oriented, able to accomplish objectives in a specified timeframe
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.
* We offer 26‑weeks paid maternity leave, 16‑weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back‑up childcare including access to school holiday clubs and 20 days of back‑up adult care per annum.
* Access to a wellbeing account, travel insurance, critical illness, cycle to work etc.
* Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan.
* 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.
Equal Employment Opportunity
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.
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, colour, sex, sexual orientation, genetic information, gender identity or expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirm in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to performance.
Drug‑Free Workplace
Bank of America is committed to a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug‑Free Workplace and Alcohol Policy establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
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.
Important Information
Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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