Transaction Manager – Commercial Aircraft

3 weeks ago

Dublin, Dublin City, Ireland Bank of America Full time

Job Description:

Job Title: Transaction Manager- Commercial Aircraft

Corporate Title: VP

Location: Dublin

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:

Overlooking the spectacular Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office. Travel options include the LUAS, Dublin Bus networks as well as the Dublin Bikes station, positioned just outside our front doors. As part of our commitment to supporting staff travel to and from work in the most sustainable way possible, we also provide tax saver tickets as part of our award-winning benefits package which means getting to work has never been easier.

Role Description:

The Transaction Manager will have responsibility for supporting the documentation, closing, compliance and monitoring associated with the purchase, financing, sale and leasing of commercial aircraft and other activities relating to the business. Reporting to the Head of Transaction Management, the successful candidate will support the existing Transaction Managers and Sales & Marketing associates in delivering and executing transactions for our customers including post-closing follow up and portfolio management.

Responsibilities:

  • Ensure that clients are onboarded in the KYC system and that all legal representatives are approved in the banks systems.
  • Track Non-Disclosure Agreements (NDAs). Liaise with the legal, Sales & Marketing teams and the client to assist in agreeing and executing NDAs.
  • Support and assist the existing Transaction Managers and Sales & Marketing teams in negotiating transactions; communicate and coordinate with internal cross functional transaction stakeholders.
  • Assist Transaction Managers in deal execution as they liaise with internal and external counsel to ensure that key areas of risk are addressed in transaction documentation in line with internal approvals, acceptable company standards and internal policies.
  • Work with legal, technical, finance and the banks vendor teams to document General Terms of Agreement (GTAs). Ensure that appropriate approvals and variations are in place for each GTA and monitor and report up to date information in respect of GTAs.
  • Assist with gathering conditions precedent and post-closing deliverables to ensure we are compliant with the documentation.
  • Assist in the preparation and coordination of Letters of Intent (LOIs) for sales and remarketing processes. Work closely with Sales & Marketing teams to manage feedback from multiple clients to ensure key commercial issues are addressed both with the client as well as internally at term sheet stage.
  • Monitoring and maintenance of Letters of Credit, Monitoring and update of all insurances for the portfolio, liaising with the insurance team to ensure appropriate signoffs are in place.
  • Keeping Operations teams up to date with all portfolio updates.
  • Maintenance of BALI asset management tracking database (Leasepoint). General portfolio monitoring, data review and management of data. Identify key dates and essential provisions for efficient and accurate ongoing portfolio management.

Skills that will help:

  • Experience in contract administration, legal, documentation or related field.
  • Third Level Qualified Graduate in Business, Law, or related discipline.
  • Previous experience with cross border leasing structures, including aircraft operating leases and financing, is required.
  • Have commercial awareness, with strong client management and communication skills.
  • Excellent written, analytical, verbal, and interpersonal skills.
  • Be a team player, with the ability to work to tight deadlines and manage concurrent activities and priorities.

Benefits of working at Bank of America:

Ireland

  • 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 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 Employee Assistance Program for confidential support and help for everyday matters
  • Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan
  • Ability to donate to charities of your choice and the bank will match your contribution
  • Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland'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 gender, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, membership of the Traveller community, age, sexual orientation, pregnancy or maternity, civil status, socio-economic background, family status 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.


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