Subscription Finance Associate
Charlotte, VT - USA
Job Summary
Job Description:
Business Overview
We believe Bank of America can do more for our clients than any other financial services firm. We understand the challenges our clients face around the world and we use the full resources of our company to help them achieve their goals. Our solutions span the complete range of advisory capital raising banking treasury and liquidity sales and trading and research capabilities.
Our Global Markets business offers sales and trading services including research to institutional clients across fixed-income credit currency and commodity and equity businesses. Global Markets product coverage includes securities and derivative products in both the primary and secondary markets.
Job Description
This role offers direct placement in the Subscription Finance Group (SFG). Subscription Finance provides funding and financing solutions to many of the worlds leading asset managers. As an Associate responsibilities may include:
- Drafting client proposals transaction summaries due diligence materials credit approval reports and other documentation as part of the transaction approval process
- Coordinating with internal business partners and client coverage teams to facilitate transaction execution and ongoing relationship management
- Participating in on-site client due diligence visits as appropriate
- Performing detailed collateral and portfolio analysis to support underwriting and monitoring activities
- Monitoring and interpreting key performance trends related to collateral clients and broader industry dynamics
- Maintaining transaction pricing return and cash flow models as well as portfolio surveillance and reporting materials
- Gaining exposure to providing financing to funds across a broad range of asset classes including buyout/growth real estate private credit/direct lending secondaries distressed and infrastructure
Qualifications
- Bachelors degree preferred
- Prior experience in investing credit banking finance or a related field preferred
- Strong analytical quantitative and problemsolving skills
- Excellent written and verbal communication skills
- Ability to manage multiple priorities and workstreams in a fastpaced environment
- Ability to work effectively both independently and as part of a team
- High standards of integrity attention to detail initiative and strong work ethic
- Strong interest in global financial markets and structured financing solutions
- Background in mathematics engineering statistics or programming a plus
Shift:
1st shift (United States of America)Hours Per Week:
40Required Experience:
IC
Key Skills
About Company
What would you like the power to do? At Bank of America, our purpose is to help make financial lives better through the power of every connection.