Director, Leveraged Finance Credit Officer

Job Description:

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview:

Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

Role Description:

Leveraged Finance Credit supports the development, due diligence, approval and ongoing risk management of leveraged transactions for corporate and financial sponsor clients, including LBOs, acquisitions, refinancings, recapitalisations and restructurings.

As a Director, you will act as a Subject Matter Expert (SME) with delegated authority, leading complex transactions, managing a challenging portfolio, and representing Credit in front of senior internal and external stakeholders. The role requires strong judgment across risk/reward, governance, client interaction and people leadership, with increasing visibility at regional and global levels.

Responsibilities:

• Take ownership and leadership of complex and high‑profile leveraged finance transactions from origination through approval and execution.
• Lead credit due diligence, financial analysis, forecasting, stress testing and risk rating assessments for sophisticated structures.
• Exercise delegated credit authority prudently and provide well‑considered recommendations on escalated decisions.
• Review and negotiate complex legal documentation (loan, intercreditor, security and hedging documents), working closely with Legal and Business.

• Hold primary credit responsibility for a portfolio of complex, often cross‑border names, including sponsor‑backed and higher‑risk credits.
• Act as a senior Credit representative, engaging confidently with Financial Sponsors, Investment Banking and Leveraged Finance, Corporate Banking, Sales & Trading, Risk, Legal and other control functions

• Navigate the organisation strategically, leveraging strong internal relationships to deliver outcomes efficiently.
• Demonstrate executive presence and credibility when partnering with more senior bankers and regional leadership.

• Demonstrate a strong understanding of liquidity, capital, returns and revenue implications of transaction structures.

• Drive operational excellence within the team, encouraging simplification, consistency and high standards.
• Lead or contribute to cross‑departmental initiatives that improve process, controls, efficiency and risk management.

• Invest time in mentoring, coaching and developing talent, building depth and future leadership capability.
• Serve as a culture carrier, modelling the highest standards of conduct, accountability and collaboration.

Skills that will help:

• Significant experience in leveraged finance credit, preferably within a global bank
• Proven track record of leading complex transactions and managing senior stakeholders
• Experience managing people and/or complex portfolios across jurisdictions
• Strong written and verbal communication skills suitable for senior approval forums
• Ability to manage regulatory scrutiny and senior governance

Benefits of working at Bank of America:

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum 
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.