Job Description:Bank of America's Healthcare Education and Not For Profit (HENFP) banking group is seeking a Credit Officer II. HENFP is part of the Commercial Bank and supports the financial needs of a variety of 501c3 not for profit clients including healthcare, private universities, colleges and K-12 schools, cultural, professional and social service organizations.
The Credit Officer II (CO II) is a highly skilled resource, providing expert level advisory guidance in the most complex, integrated debt capital solutions for commercial banking clients. Products include lines of credit, term loans, tax exempt financing, and syndicated loans. The CO II manages all of the ancillary credit exposure to clients. The CO II maintains knowledge of other BofA products including Investment Banking and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect. This role reports to the Commercial Credit Manager, partners with Relationship Management and Treasury Sales Officers and is aligned with an Underwriting Team that supports the market.
Responsibilities:- Provides capital structure solutions
- Builds relationships with existing and prospective clients
- Negotiates credit documentation
- Manages the credit process for a portfolio of clients
- Leads the credit and risk approval processes
- Mentors and supports associates
Skills:- Client Solutions Advisory
- Customer and Client Focus
- Decision Making
- Credit Documentation Requirements
- Issue Management
- Account Management
- Loan Structuring
- Financial Analysis
- Risk Management
- Underwriting
- Credit and Risk Assessment
- Analytical Thinking
- Coaching
- Collaboration
- Critical Thinking
Required Qualifications:- 10+ years of solid Commercial Banking Experience (Middle Market, Leverage Finance or Large Corporate level or other complex business loans)
- Strong communication skills; ability to communicate vertically, horizontally, and externally
- Experience in financial analysis, structuring, underwriting and portfolio management
- Analytical/technical skills, including financial accounting, modeling and loan structuring
- Industry knowledge across multiple sectors
Minimum Education Requirement: BA/BS Degree Desired
Shift:1st shift (United States of America)
Hours Per Week: 40
Pay Transparency detailsUS - NY - New York - 115 W 42nd St - BANK OF AMERICA TOWER AT ONE BRYANT PARK (NY5362)
Pay and benefits information
Pay range
$125,000.00 - $225,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
