Job Description:This job is responsible for managing clients and related credit products, partnering closely with relationship management, sales/trading, treasury management, operations and risk teams to support the client relationship. Key responsibilities include underwriting, monitoring, managing operational needs and/or client requests. Job expectations include credit-focused client management responsibilities, independent thought leadership, strong leadership skills, the ability to provide feedback to less experienced teammates and may also manage a team.
Responsibilities:- Develop and maintain a deep understanding of the Global Banking and Markets product spectrum.
- Drive speed to market and asset quality.
- Develop and maintain a deep understanding of the portfolio at the client, industry, and macro level in order to assess risk and structure value-added solutions that balance risk and return.
- Independently assess the creditworthiness, including due diligence of prospective borrowers and/or trading counterparties and establish appropriate terms and conditions to mitigate risk.
- Provide high quality and efficient credit approval to Corporate Banking, Investment Banking, Global Markets, and Treasury while observing compliance with established credit policies and guidelines.
- Structure transactions and negotiate credit documentation including loan credit agreements and amendments, ISDAs, and CSAs.
- Establish appropriate internal risk ratings for clients and implement accurate adjustments throughout the client's credit lifecycle.
- Develop, maintain, and manage internal relationships with business partners including Corporate and Investment Bankers, Sales & Trading, Risk Management, Syndications, and Legal.
- Remote work may be permitted within a commutable distance from the worksite.
Required Skills & Experience:- Bachelor's degree or equivalent in Business Administration, Finance, Economics, Accounting, or related: and
- 5 years of progressively responsible experience in the job offered or a related Finance occupation.
- Must include 5 years of experience in each of the following:
- Developing and maintaining financial models to analyze trends, including cash flow, leverage buyout, cost of capital analysis, ability-to-pay, value-creation, operating models, and 3-statement models;
- Researching and analyzing trends across sectors and capital structures;
- Conducting research using Bloomberg, Moody's, S&P, and other financial databases to analyze market data and competitive dynamics;
- Supporting origination, structuring, and deal execution and working on a broad scope of committed financing assignments for corporate clients;
- Participating in the credit committee approval process, including due diligence, credit analysis and communication with the Risk team; and,
- Assessing traded product opportunities against risk appetite and monitoring trading product exposure to specific clients as well as across the sector and portfolio.
If interested apply online at www.bankofamerica.com/careers or email your resume to [redacted] and reference the job title of the role and requisition number.
EMPLOYER: Bank of America N.A.
Shift:1st shift (United States of America)
Hours Per Week: 40
Pay Transparency detailsUS - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
- annualized salary, offers to be determined based on experience, education and skill set.
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.
