Associate – Securitisation Origination - Securitised Products Group, Global Markets

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

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

Our business

The Global Markets Securitised Products Group (GMSP) is focused on originating, financing and structuring both public and private securitisations backed by a range of asset classes including residential mortgages and commercial and consumer assets.

We are currently recruiting for an Associate to join the Structured Finance Origination segment within the GMSP team, based in Sydney. The Australian structured credit market is extremely active, and the GMSP business is one of the most meaningful participants across both private financing and public term market transactions. This role will offer the successful applicant a chance to develop their skills and network in this space with a market leading team.

Key Duties

• Assist in establishing, structuring and executing private securitisation facilities
• Assist in syndicating public securitisation transactions and arrange access to capital markets for new and existing clients
• Manage the deal process from start-to-finish, collaborating with various stakeholders from the pitch stage, through credit approval, deal execution, settlement and ongoing monitoring
• Maintain client relationships, attend client meetings and build your network
• Help to generate ideas and opportunities for new and existing clients. Identify trends in the Australian structured credit markets and provide market insights, creative solutions and thoughtful engagement based on an understanding of the client’s strategic objectives 
• Perform extensive financial, credit risk, product and industry analysis and due diligence
• Assist in preparing client pitch books, marketing materials, internal credit papers, analysing credit risk and modelling structured credit transactions
• Interact with intermediaries including law firms, rating agencies and accountants
• Ensure all deals comply with policy and regulatory requirements and industry standards

Requirements

• A Bachelor’s Degree and 2+ years of experience in banking, finance, accounting or consulting
• Detail oriented with strong quantitative skills and the capacity to make fast, accurate decisions in a dynamic market environment
• Effective verbal and written communication

• Desire to work in a collaborative team environment 

Desired

• Experience within securitisation, structured finance, debt markets, illiquid credit asset classes
• Market awareness including an understanding of capital markets, pricing and distribution strategies
• Cash flow modelling experience
• Finance and / or law related degree