Subscription Finance Associate
Charlotte, North Carolina
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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 world's 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
Bachelor's degree preferred
Prior experience in investing, credit, banking, finance, or a related field preferred
Strong analytical, quantitative, and problem-solving skills
Excellent written and verbal communication skills
Ability to manage multiple priorities and workstreams in a fast-paced 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:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms 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 the performance of our teammates.
View your "Know your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088\EEOC\KnowYourRights6.12.pdf) " poster.
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Bank of America aims to create 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 ("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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. 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.
