Job Description: About Bank of America Merrill Lynch: 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 40 countries. In the U.S alone, we serve almost all Fortune 500 companies and approximately 59 million consumers and small-business customers. 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 23 offices 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. Bank of America Merrill Lynch is committed to attracting, recruiting and retaining top diverse talent from across the globe. Our diversity and inclusion mission is to actively promote an inclusive work environment where all employees have the opportunity to achieve personal success and contribute to the growth of our business. Each of our global Employee Networks bring together employees, create dialogue and awareness in support of our Diversity and Inclusion.
Position Description - Primary contact/coordinator for internal and external business partner and issuer requests and inquiries related to moderately complex syndicated or club credit facilities for which Bank of America acts as Administrative Agent. Has solid knowledge and understanding of credit products and syndication agent process and governing documents including complex agreements and ancillary documents related to moderately complex unsecured/secured credits and troubled deals. With minimum supervision, reviews, and comments on loan agreement drafts for clarity, agency issues, and operational feasibility to ensure that final documents are workable for all parties; closes new deals, amendments, waivers, and consents. Proactively identifies and resolves complex issues related to portfolio; highly complex situations may require assistance of experienced Agency Management Officer or Team Leader. Demonstrates good judgment and seeks advice appropriately. Maintains database of deal-specific contacts; disseminates financial/compliance information; impartially communicates with investors; works with counsel (in-house and outside); arranges meetings for issuer/investors. Has mastered the Agency Management Officer (AMO) role and is client focused and respected by associates. Demonstrates high potential for an expanded leadership role. Adept at prioritizing workload. Associate possesses 3 to 5 years of AMO or related experience .
Key Responsibilities -
The Agency Management Officer (AMO) handles multi-bank and syndicated credit from Commercial, Corporate, Leasing, leverage finance, and other lending units. AMO is engage at the very beginning at the Borrower "pitch" stage and continues until Deal Termination. The AMO actively leads a wide array of essential administrative functions needed for a smooth deal-closing event. They plan, schedule, assign tasks with deliverables, and meet with Outside Counsel, GBAM Capital Markets, the Lending Syndicate, Borrower, Internal Partners, and others during the closing phase. Once the AMO assumes the official title Administrative Agent role at closing, they continue managing the contractual duties throughout the life of deal. Those duties include managing voting events that modify and amend the Credit Agreement. Agency Management is unusual as it has two client groups to manage: the Borrower client and the Lender clients. Business partners include Global Capital Markets (Syndicated Loans), Internal and External Legal Counsel, Credit and Portfolio Officers, Relationship Managers, Compliance and many internal operational support units. AMOs demonstrates time schedule flexibility to accommodate pre and post deal-closing requirements.
Key Requirements -
Ability to play team "quarterback" leadership role in deal/amendment closing process
Strong communication skills; able to target messaging to different audiences
Ability to navigate the enterprise; research and resource information across the bank
Highly organized, proactive, and able to plan, prioritize and manage deliverables
Strong ability to influence, negotiate and lead diverse groups to achieve desired results
Applies critical thinking to analyze, identify and deal with legal, business, reputation, and operational risk
Adapts well to a quickly evolving environment
Experience with the Syndicated Loan environment and process.
Commercial credit lending and portfolio management experience
Knowledge of GCB/GIB environment, organizational alignment, strategic priorities
Cross Border and/or Multicurrency lending or operations experience