Upto Vice President, Specialty Finance Credit Officer (Global Markets Credit), Hong Kong HONG KONG ISLAND, Hong Kong **To proceed with your application, you must be at least 18 years of age.** Acknowledge Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-apac/job/Hong-Kong/Upto-Vice-President--Specialty-Finance-Credit-Officer--Global-Markets-Credit---Hong-Kong\_25036335) **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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. 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. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! **Role/Responsibilities:** + Global Markets Credit (GMC) organization is responsible for credit underwriting, approval and ongoing risk management of Global Markets (GM) financing and traded products transactions. Based in Hong Kong, the role is in GM Credit Asia, responsible for all aspects of the credit risk management for the following two key businesses within Asia Pacific (including Japan). + **SPV repacks (Derivatives) related:** + SPV repacks business is focused on derivative credit exposure facing bankruptcy-remote SPV established for purpose of issuing Credit Linked Notes (CLNs) or Asset Repackaging Notes (Repacks). Key responsibilities will include. + Conducting comprehensive credit review including underlying issuer and derivative exposure analysis, preparing Credit Underwriting Memos with approval recommendations for all trading exposures related to SPVs. + Identifying risk in complex credit proposals and structures, suggesting approximate risk mitigants. + Ongoing transaction and charged asset risk monitoring, ensuring any deterioration in the charged asset portfolio is identified and escalated for suitable timely action. + Undertake portfolio reviews and develop/generate reports highlighting key portfolio risk and sensitivities. + **Structured Financing Lending Transactions** **(SFT excld. securitization)** **related:** + SFT business provides both recourse or non-recourse financings, collateralized by equity (single stock or portfolio of stocks) or fixed income (Bonds, Loans etc). Key responsibilities will include. + Credit Review of transaction proposals, undertaking credit and collateral issuer analysis, preparing Credit Underwriting Memos with approval recommendations. + Preparation of portfolio reports and credit reviews, including analysis of SFT exposures, any counterparties of concern and other pertinent risk issues. + Monitor macro, sector and issuer specific market trends so as to ensure any early warning or risk indicator for the portfolio is identified and escalated for suitable timely action. **Skills:** + 2-8 years of credit risk experience covering Corporates or FIs. + Strong credit risk analysis and conclusion-oriented analytical skills. A deep understanding as well as exposure to the derivative and financing space + Master degree in Finance, Business Administration or related fields. CFA/FRM or other professional qualification will be highly preferred + Good written and spoken communications skills in English + Excellent software skills including Excel, Bloomberg + Ability to establish partnerships across the organization (Trading, Sales, Risk and support partners) and build effective work groups, requiring strong 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. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . 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.