Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
Support Credit Officers in underwriting, monitoring, and managing credit portfolios. Serve as a key liaison between credit teams, operations, and Global Market business partners. Handle complex transactions and provide support to other associates to mitigate risks.
This role can be filled as a II or III at the manager's discretion.
Key Responsibilities:
Manage end-to-end credit processes including underwriting, monitoring, and documentationCoordinate pre- and post-closing activities, including due diligence and approval documentationSupport client onboarding by reviewing client prospectuses to identify risk objectives and ensure alignment with credit policiesMonitor compliance with credit agreements; maintain ticklers and collect financialsIdentify and resolve data quality issues; suggest process improvementsEnsure adherence to policies and proceduresLead or contribute to special projectsCoach and support other team membersRequired Skills:
Experience in institutional banking and Global Markets (2-5 years)Knowledge of trading documentation and agreements (ISDA, MSFTA, Repo, etc.)Understanding new business, including reviewing prospectuses and documentation to identify risk objectives and ensure compliance with internal policiesAbility to manage and analyze large data sets, using tools like Excel or BI platforms to identify trends, inconsistencies, and opportunities for process improvement. Proficiency in Microsoft Office (Word, Excel, PowerPoint)Familiarity with credit and risk systems, and ability to navigate data across multiple platforms to support underwriting and monitoring activitiesStrong attention to detail and organizational skillsEffective written and verbal communicationAbility to prioritize and manage time effectivelyCollaborative mindset with customer focusPreferred Qualifications:
Understanding of trade exposure flows, including how transactions impact credit and market risk profilesKnowledge of market risk concepts, such as interest rate risk, FX exposure, and counterparty risk, with ability to assess their relevance to client portfoliosStrong interpersonal and influencing skillsAbility to learn quickly and work independentlyCopilot prompting to build efficiencies in reviewing client documentationBachelor’s degree or equivalent experienceSkills:
Attention to DetailData Collection and EntryRecord KeepingOral CommunicationsWritten CommunicationsCollaborationCustomer and Client FocusPlanningPrioritizationMinimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)Hours Per Week:
40