Bank of America Corporation

Credit Officer II

Bank of America Corporation$110K — $130K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • BS/BA degree; Post graduate degree such as CPA, CFA, or MBA preferred.
  • 12+ years of experience in financial analysis, structuring, underwriting, and portfolio management.
  • Expertise in reviewing and negotiating loan documentation.
  • Strong communication and analytical skills, with financial accounting and modeling experience.
  • National Accounts Commercial Banking or Corporate Banking credit experience required.
  • Excellent organizational skills; adept at prioritizing a diverse workload.
  • Ability to manage multiple projects and meet deadlines.

Responsibilities

  • Provide expert guidance on credit products and capital structure to clients and prospects.
  • Underwrite and structure complex credit transactions with minimal oversight.
  • Deliver financial and economic analysis to support decision-making while adhering to credit policies.
  • Participate in monitoring activities and approvals.
  • Stay updated on Bank of America products that have credit exposure, utilizing this knowledge for client solutions.
  • Review and negotiate loan documentation effectively.
  • Collaborate with Client Managers and product partners to design integrated credit solutions.

Benefits

  • Emphasis on a culture of excellence and meritocracy.
  • Strong commitment to professional development and career growth opportunities.
  • Supportive environment focusing on accountability and performance.
  • Opportunity to work in diverse teams across different financial sectors.
Full Job Description
Job Description

The Enterprise Credit group is seeking a Credit Officer to join our Canada team and be based in Calgary or Vancouver.

Assigned as a market or industry level resource, the Credit Officer (CO) is a highly skilled resource, providing expert level advisory guidance in the most complex, integrated credit capital solutions.

This role serves as Line/Credit approver in conjunction with Risk management based on credit approval grid and drives the internal credit approval process, loan documentation and closing. This role reports to the Commercial Credit Manager (CCM) and will be aligned to 1-3 Credit Underwriters (CU), for whom they will serv as a mentor/coach.

Responsibilities
  • Provide expert level guidance and advice to assigned prospects and clients on credit products and capital structure in collaboration with subject matter experts in various different groups including Relationship Management, Investment Banking, Leveraged Finance, etc.
  • Underwriting and structuring of complex credit transactions with minimal oversight
  • Delivering financial, industry, economic and other analysis to facilitate decision making, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements
  • Involvement with monitoring activities/approvals
  • Maintaining knowledge of other BofA products including Investment Banking and Treasury Management that have credit exposure, and leveraging product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect
  • Responsible for reviewing & negotiating loan documentation
  • Balancing analysis of clients and prospects and their industries, design and execution of credit solutions, and the active management of asset quality
  • Client facing, the CO collaborates with the Client Manager (CM), Treasury Solutions Officer (TSO), and other product partners, when needed, to assess client needs, design integrated solutions and deliver the bank to clients and prospects


Qualifications
  • BS/BA degree
  • Post graduate degree preferred (CPA, CFA, MBA, etc.)
  • 12+ years of solid experience in financial analysis, structuring, underwriting and portfolio management.
  • Strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring
  • Responsible for reviewing & negotiating loan documentation
  • Candidates must have National Accounts Commercial Banking or Corporate Banking credit experience
  • Excellent organization skills and ability to prioritize workload from diverse sources
  • Able to manage multiple projects simultaneously while meeting associated deadlines
  • Ability to clearly and convincingly articulate complex ideas and concepts
  • Ability to learn and adapt in a fast-paced, changing environment
  • Proficiency in MS PowerPoint, MS Excel and MS Word with experience in presentations writing and client analysis


What Bank of America Offers

Bank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees.

Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.

Shift:

Hours Per Week:
37.5

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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