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. 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!

This job is responsible for analyzing credit and investigating existing and prospective clients and counterparts. Key responsibilities include focusing on but not limited to credit, market, and reputational risk; as well as adherence or monitoring of credit risk policies, risk appetite, and reporting, including but not limited to Top of House (TOH) and Line of Business (LOB) specific reports or regulatory related reporting.

This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite.

Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions. May manage an industry specific portfolio of clients.

Responsibilities:

Sets or supports the oversight of the ongoing management of risk parameters and guardrails for credit risk while ensuring adherence to risk appetite/limits, and actively inspects and/or designs risk scenarios to implement decisions

Supports the credit approval process and therefore is accountable for overall portfolio performance and asset quality, including underwriting, structuring and monitoring tasks

Conducts analysis, inspects and/or develops credit risk reporting for specific products, and monitors and reports on key indicators for changes in credit quality to communicate to senior management

Ensures adherence to policy and standards and performs due diligence that the risk is within the bank's defined risk appetite, using knowledge of stress testing and its applicability to credit risk

Supports monitoring of adherence to industry risk governance, as well as monitoring for potential operational, reputational and market risk issues

Identifies risks early that could impact the assigned portfolio and coordinates with business counterparts to resolve portfolio issues

Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings

Trains, coaches, and mentors Credit Analysts

Required Qualifications:

5+ years of commercial banking related experience for Credit Risk Office or 2+yrs for GCIB/GMC Associate

Proficient Microsoft Office experience

Must have financial analysis and modeling experience

Desired Qualifications:

Credit experience and credit training

Knowledge of financial institutions industry

Skills:

Credit and Risk Assessment

Financial Accounting

Issue Management

Portfolio Analysis

Risk Analytics

Attention to Detail

Business Intelligence

Collaboration

Interpret Relevant Laws, Rules, and Regulations

Regulatory Compliance

Oral Communications

Presentation Skills

Prioritization

Project Management

Written Communications

Minimum Education Requirement: BA Degree in Finance, Accounting or related field

Shift:

Hours Per Week: