Assistant Vice President, Leasing Credit Support

2 weeks ago


Singapore Bank of America Full time

**About Bank of America**

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

**Connecting Asia Pacific to the world**

Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

**Division Description**

Bank of America (BofA) is one of the world’s largest financial institutions, serving corporations, governments, institutions and individuals with a full range of banking, investing, asset management and other financial and risk management products and services through operations in more than 35 countries. The bank’s Global Corporate & Investment Banking (GCIB) line of business provides clients around the world and across all major industries with solutions for Treasury services, lending, leasing, advisory and debt and equity underwriting.

Global Leasing, a part of GCIB, is the largest U.S. equipment financing company, serving nearly 59,000 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.

In Asia Pacific, it provides finance to local and multinational corporate clients for large ticket assets across 12 countries in the GCIB footprint. The core product set includes secured term loans, finance leases and operating leases for clients operating primarily in the transportation, energy & power, mining, manufacturing and technology sectors.

**Position Description & Primary Responsibilities**

The Leasing Credit Support role sits within an International Credit Team supporting Global Leasing. The credit team supports both the International Asset Finance (IAF) and Global Corporate Aircraft Finance (GCAF) business units. The position will provide KYC/AML assistance to the business units as well as credit and portfolio management support to the credit officers located in Hong Kong and requires a credit professional with Asia-Pacific regional experience and familiarity of middle to large ticket asset financing.

The individual will be responsible for supporting the end-to-end credit management process for the Leasing portfolio, partnering with Credit Officers. Responsibilities include completion of Know Your Customer/Client Onboarding as well as KYC refreshes on LEO, data verification of new/existing deals on source systems; posting of documents to electronic credit file; monitoring credit compliance and past-due exceptions; spreading financials; ensuring data integrity; and sourcing of financial statements and covenant compliance certificates. Proactively ensures timely follow-up of credit monitoring activities to facilitate a sound credit portfolio.

**Preferred Qualifications & Skills**
- Undergraduate degree (business, finance, accounting or related discipline preferred).
- Minimum 4 years’ experience in banking/finance industry (leasing experience preferred).
- Proven ability to multitask including liaising with various internal stakeholders to manage the KYC/AML documentation flow.
- Proven ability to support a portfolio of accounts and ensure timely review/discussion of notable performance issues with the relevant Credit Officer.
- Strong oral and written communication and presentation skills in English.
- Proven analytical, organizational, and problem-solving skills
- Successfully manages multiple priorities with mínimal supervision or oversight
- Strong attention to detail.
- Strong IT skills.
- Ability to accomplish objectives in a specified timeframe.
- Exhibit professional maturity and interpersonal skills.
- Works effectively, both as a team member and independently.
- Travel - 5%

Bank of America is an equal opportunities employer.

**Job Band**:
H5

**Shift**:
**Hours Per Week**:
40

**Weekly Schedule**:
**Referral Bonus Amount**:
0



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