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Bank of America has announced two hires to its London-based Global Structured Finance team. Richard Downer joins as Head of Mortgage Principal Finance and Neil Warman joins as Deputy Head of Mortgage Principal Finance. Both report to Steve Skerrett, Head of Asset Backed Securities Origination for Europe, the Middle East and Africa (EMEA).Skerrett said “We are delighted to welcome Richard and Neil to the team. Their expertise in developing principal opportunities within the residential mortgage sector will help us expand our EMEA capabilities. They have an excellent track record in creating opportunities within the niche lending sector and will help us reach our goal of becoming a global leader in Structured Finance."
Downer has over 18 years experience within the investment banking sector and has spent much of his career in structured finance roles for Greenwich NatWest, ANZ and Merrill Lynch. He has completed a number of market leading transactions, with a strong focus on the residential mortgage sector. He joins Bank of America from Bear Sterns.
Warman also joins from Bear Stearns where he was a banker in the company’s Mortgage and Consumer Finance group.
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