The GLP Manager will be part of a small global team that is responsible for managing the loan portfolio for Corporate Banking, and will have direct responsibility for a combination of GCIB Industry Sectors (+/- 400 relationships / +/- $400mm direct P&L). They will join a team of seasoned professionals who work closely together & strive to provide our clients with optimal capital solutions to help them succeed.
The Group Head will play a critical role within the deal team consisting of Corporate and Investment Banking, Underwriting and product partners across capital markets, global markets & transaction services, helping drive improved performance by deepening client relationships.
Play an integral role in structuring and pricing of credit and balance sheet solutions offered to our clients within GCIB.
Act as a key catalyst in influencing capital and balance sheet decisions to achieve organizational goals, drive responsible loan growth and higher profitability.
Provide subject matter expertise on regulatory capital requirements, including Basel III (Advanced and Standardized), Supplementary Leverage Ratio (SLR), and Liquidity Coverage Ratio (LCR).
Provide enhanced transactional, relationship and portfolio level oversight through consistent decision making while driving accountability for profitable growth.
Drive agility and responsiveness in face of strategic and regulatory change.
Global Loan Products (GLP) primary responsibilities include: (i) ownership & optimization of P&L, capital and liquidity for GCIB's core loan book, (ii) balance of risk & reward, (iii) ownership of the Capital Review Council approval process and governance end-to-end, (iv) management of loan portfolio profitability through portfolio management, including loan sales & purchases and Lookback reviews, (v) manage roll-forward forecasting and provide inputs to Finance's baseline forecasts and (vi) provide advisory and thought leadership on Loan product to GCIB coverage teams.
Continuing development of strong relationships with all Lines of Business in GBAM and key stakeholders to facilitate delivery aligned to business and client strategies.
Ensuring that appropriate processes and routines are in place to maintain an effective control environment. Participating in relevant governance routines at a country, regional or legal entity level, including where necessary delivery of management information.
Manage the country/regional regulatory relationship on behalf of Global Loan Products, including supporting other lines of business or control partners where necessary on issues impacting Global Loan Products.
Operational Effectiveness & Operational Excellence around ongoing enhancements to the overall organization/culture/processes within Wholesale Credit.
At least 12 years of relevant banking experience, preferably in client coverage, credit & underwriting, origination, portfolio management or capital/balance sheet management.
Working knowledge of credit risk management and control.
Awareness and understanding of the wider business, market and regulatory environment in which the bank operates, and how that impacts on client and portfolio's credit profile.
Awareness and understanding of the bank's business strategy and risk framework.
Strong written and verbal communication skills.
Governance, oversight and controls, ability to assess the effectiveness of the bank's arrangements to deliver effective governance, oversight and controls in the business.
Broader Risk awareness and understanding of main factors affecting bank, and wider industry.
Knowledge of regulatory capital environment and its impact on various bank products and client profitability.
Project management, ability to deliver change with a focus on improving operational efficiency.
Team management experience.
Posting Date: 09/05/2018
Location: Charlotte, NC, HEARST TOWER, 214 N TRYON ST, - United States
Travel: Yes, 5% of the time
Full / Part-time: Full time
Hours Per Week: 40
Shift: 1st shift
Bank Of America Corporation