Vice President, Leasing Credit Officer Ii, Global

**Location**

Singapore, Central Singapore

**Job Type**

Permanent

**Salary**

$7,500 - $15,000 Per Month

**Date Posted**

4 hours ago

Additional Details

**Job ID**

99899

**Job Views**

1

**Job Description**:
Roles & Responsibilities
**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**

Global Leasing is the specialist leasing and asset finance division of Bank of America. It is a global market leader comprising a US$71 billion portfolio and nearly 1,000 associates. In Asia Pacific it provides finance to local and multinational corporate clients for large ticket assets across 12 countries in the Global Corporate & Investment Banking 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 Officer role sits within an International Credit Team supporting Global Leasing. The position will provide credit and portfolio management support to the origination teams located in Asia and requires a credit professional with Asia Pacific regional experience and familiarity in underwriting middle to large ticket asset financing. It is a newly created position to support the expansion of the business.

The individual will be responsible for underwriting, credit structuring and credit monitoring of new and existing facilities, including the timely preparation of credit submissions, annual reviews, and portfolio and asset quality management. As part of any new credit submissions, the role is responsible for developing credit structures in view of the client profile, industry, collateral type, financing requirements and repayment capabilities. The complexity of the client profile and related transactions requiring analysis can vary over a wide spectrum. The ability to efficiently multi-task and be decisive are important keys to success together with the ability to form an independent credit opinion and recommendation.

**Qualification & Skills Required**
- Undergraduate or post graduate degree (economics, finance, accounting or related discipline preferred).
- Minimum 5 years’ experience in a credit risk underwriting/structuring role gained in the Asia Pacific corporate banking, structured asset finance or leasing industry.
- Minimum one year experience of credit approval/renewal authority.
- Transaction experience to include secured/unsecured lending of large ticket assets e.g. shipping/marine assets, aircraft, construction & mining equipment and manufacturing equipment.
- Analytical experience with both large public and private corporations.
- Analytical familiarity with high net worth individuals and commercial / corporate aviation is an advantage.
- General knowledge of corporate banking loan products.
- Demonstrated ability to identify trends and emerging risks in underwriting and client selection.
- Proven ability to analyze, interpret and negotiate transaction documentation.
- Ability to manage a portfolio of accounts and ensure timely review/discussion of notable performance issues.
- Demonstrated competence in problem recognition and risk mitigation.
- Strong oral and written communication and presentation skills in English.
- Detail oriented and robust time management skills.
- A team player but with the ability to work independently.
- Travel, as required.

Bank of America is an equal opportunities employer.

Tags

vice

president

leasing

credit

officer

ii

global

leasing