Job ID:26012302 – Credit Officer I/II-Technology, Media, Telecom & Gaming

Job Description:

At Bank of America, we’re guided by a standard function to assist make monetary lives higher by means of the facility of each connection. We do that by driving Responsible Growth and delivering for our shoppers, teammates, communities and shareholders each day.

Being a Great Place to Work is core to how we drive Responsible Growth. This consists of our dedication to being an inclusive office, attracting and growing distinctive expertise, supporting our teammates’ bodily, emotional, and monetary wellness, recognizing and rewarding efficiency, and the way we make an influence within the communities we serve.

Bank of America is dedicated to an in-office tradition with particular necessities for office-based attendance and which permits for an acceptable degree of flexibility for our teammates and companies based mostly on role-specific issues.

At Bank of America, you may construct a profitable profession with alternatives to study, develop, and make an influence. Join us!

 

Job Description:
This job is accountable for managing shoppers and associated credit score merchandise, partnering carefully with relationship administration, gross sales/buying and selling, treasury administration, operations and threat groups to assist the shopper relationship. Key obligations embody underwriting, monitoring, managing operational wants and/or shopper requests. Job expectations embody credit-focused shopper administration obligations, unbiased thought management, sturdy management expertise, the power to supply suggestions to much less skilled teammates and may additionally handle a workforce.

Responsibilities:

• Partners with relationship administration and product companions to evaluate shoppers’ credit score wants and create options
• Leads mortgage construction conversations and negotiates mortgage documentation with shoppers and inside/exterior authorized companions
• Drives credit score and threat approval processes for brand new credit score originations, renewals, will increase, and modifications
• Leads ongoing monitoring efforts for a portfolio of shoppers in compliance with rules, coverage and process
• Drives the expansion of funded loans and income whereas mitigating dangers, sustaining asset high quality and adhering to regulatory necessities
• Serves as an escalation level for complicated credit score transactions
• Mentors and helps associates
• Oversees and assesses the credit score worthiness of debtors based mostly on due diligence findings, monetary assertion evaluation, forecasting, evaluation of firm and business dangers, phrases and situations, and relationship profitability to supply prime quality credit score approval to Corporate Banking, Investment Banking, Global Markets, and Treasury
• Exercises Delegated Approval Authority utilizing sound judgment and experience to make approval choices for the enterprise together with new lending limits, structuring and negotiating deal phrases, credit score worthiness, annual opinions and renewals, threat rankings, and breach actions
• Leads new credit score originations in coordination and collaboration with the protection groups together with Relationship Managers, Risk, Syndications, Treasury, and all different product companions

​Required Qualifications:

• 5+ years Corporate/Commercial credit score expertise
• Strong understanding of accounting and company finance
• Strong understanding of authorized credit score agreements
• Strong information of ancillary financial institution merchandise (treasury, money administration, derivatives)
• Strong enterprise writing expertise
• Ability to educate junior teammates

Desired Qualifications:

• Specific expertise inside Technology, Media, Telecom & Gaming industries
• Bachelor’s Degree in Finance or associated

Skills:

• Analytical Thinking
• Credit and Risk Assessment
• Financial Analysis
• Loan Structuring
• Underwriting
• Attention to Detail
• Business Acumen
• Financial Forecasting and Modeling
• Research Analysis
• Written Communications
• Business Development
• Collaboration
• Critical Thinking
• Portfolio Analysis
• Stakeholder Management

Shift:

1st shift (United States of America)

Hours Per Week: 

40