Job Description:The Credit Officer II role 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, real estate loans, and syndicated loans. The CO manages all of the ancillary credit exposure to clients. The CO 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 or Executive and will be aligned to an Underwriting Team that supports the market.
Responsibilities:- Collaborates with Client Management teams to perform analysis of credit opportunities and prospects at the bank
- Manages client and prospect originations including initial credit structuring, underwriting, legal documentation review, and deal closing
- Delivers on data accuracy and quality of underwriting metrics in compliance with internal policies and procedures
- Monitors assigned portfolios of client loan maturities and collaborates with Analysts to continuously recognize and address risks in a timely manner
- Escalates and debates deteriorating assets in partnership with the Special Assets Group and Risk as appropriate
- Participates in Regional and Market meetings to communicate credit delivery best practices and results
Skills:- Collaboration
- Decision Making
- Loan Structuring
- Underwriting
- Written Communications
- Analytical Thinking
- Attention to Detail
- Credit Documentation Requirements
- Interpret Relevant Laws, Rules, and Regulations
- Mentoring
- Issue Management
- Negotiation
- Oral Communications
- Prioritization
- Risk Management
Required Qualifications:- 10+ years of solid Commercial Banking experience
- Experience in financial analysis, structuring, underwriting and portfolio management
- Analytical/technical skills, including financial accounting, modeling and loan structuring
- Strong communication skills; ability to communicate vertically, horizontally, and externally
- 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 - WA - Spokane - 601 W Riverside Ave - Spokane Financial Center (WA2141)
Pay and benefits information
Pay range
$125,000.00 - $200,000.00 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.
