Full-Time

Vice President; Corporate Banker

Posted on 11/15/2024

Bank of America

Bank of America

10,001+ employees

Provides banking, investment, and asset management services

Fintech
Financial Services

Compensation Overview

$225kAnnually

+ Discretionary Incentive

Senior

New York, NY, USA

Category
Corporate Finance
Finance & Banking
Required Skills
Financial analysis
Requirements
  • Bachelors degree or equivalent in any related field; and
  • 5 years of progressively responsible experience in the job offered or a related Finance occupation.
  • Must include 5 years of experience in each of the following:
  • Identifying revenue opportunities, generating ideas and solutions to meet client needs and structuring appropriate product solutions and comprehensive banking product offerings;
  • Conducting deal execution, working on a broad scope of assignments and transactions across acquisition financing, M&A, syndicated credit facilities, debt capital markets transactions, equity, and convertible notes issuances;
  • Delivering financial, industry, and economic analyses, research, and other activities to facilitate client selection and other decision-making;
  • Preparing pitch books, meeting materials, ad hoc research reports, and other client presentations; and,
  • Navigating complex internal organization and conduct internal processes including credit approvals, capital commitment committees, and Anti-Money Laundering / Know Your Customer assignments.
  • Up to 25% domestic travel, as necessary.
Responsibilities
  • Develop, grow, and maintain the assigned client relationships, including U.S subsidiaries of Chinese companies, through coordination of regular client pitching, working closely with global and regional corporate banking teams and product partners.
  • Drive a primary product set which includes credit & risk management, cash management, liquidity, and treasury (including sweeping and pooling structures), trade solutions, debt capital raising, leasing, and global markets/hedging.
  • Work with in-country, regional, global banking, and credit teams to manage credit exposure, capital commitments, and returns.
  • Liaise with Risk & Wholesale Credit partners to manage credit risk of the client portfolio.
  • Review credit agreements and indentures to analyze covenants, baskets, and other relevant restrictions.
  • Participate in client meetings, portfolio planning sessions, and product partner meetings and be able to identify cross‐sell opportunities.
  • Identify revenue opportunities, generate ideas and solutions to meet client needs and structure appropriate product solutions and comprehensive banking product offerings.
  • Conduct deal execution, work on a broad scope of assignments and transactions across acquisition financing, M&A, syndicated credit facilities, debt capital markets transactions, equity, and convertible notes issuances.
  • Deliver financial, industry, and economic analyses, research, and other activities to facilitate client selection and other decision-making.
  • Prepare pitch books, meeting materials, ad hoc research reports, and other client presentations.
  • Navigate complex internal organization and conduct internal processes including credit approvals, capital commitment committees, and Anti-Money Laundering / Know Your Customer assignments.

Bank of America provides a wide range of financial services to individuals, small and medium-sized businesses, and large corporations. Their offerings include banking, investing, asset management, and risk management products. The company serves around 56 million consumer and small business clients in the U.S. and is recognized as a leading wealth management firm. Additionally, Bank of America is a major player in corporate and investment banking, as well as trading. What sets Bank of America apart from its competitors is its extensive client base and comprehensive service offerings that cater to various financial needs. The company's goal is to help clients achieve their financial objectives while managing their investments and risks effectively.

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at Bank of America offers exposure to a diverse range of financial products and services, enhancing career development opportunities.
  • The bank's leadership in wealth management and investment banking provides employees with the chance to work on high-impact projects and deals.
  • Bank of America's global presence and strong market position offer stability and growth potential for employees.

What critics are saying

  • The highly competitive nature of the financial services industry requires Bank of America to continuously innovate to maintain its market position.
  • Regulatory changes and economic fluctuations can impact the bank's operations and profitability, posing challenges for employees.

What makes Bank of America unique

  • Bank of America stands out as a global leader in corporate and investment banking, offering a comprehensive suite of financial services that cater to a wide range of clients from individuals to large corporations.
  • The bank's extensive network and relationships with approximately 56 million U.S. consumer and small business clients provide a significant competitive edge in the financial services industry.
  • Bank of America's involvement in high-profile credit facilities, such as Uber's $5B revolving credit, showcases its capability to handle large-scale financial transactions.

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