Credit Officer II-Global Corporate & Investment Banking

Overview

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description

This job is responsible for managing, monitoring, and documenting credit risk for a portfolio of clients. Key responsibilities include monitoring changes in credit profiles, compliance with credit agreements as well as structuring and underwriting new financing solutions across the Global Banking and Markets product spectrum. Job expectations may include assessing risk solutions which adhere to the bank's risk appetite and risk strategies and coaching and leading team members.

Responsibilities

Oversees and assesses the credit worthiness of borrowers based on due diligence findings, financial statement analysis, forecasting, analysis of company and industry risks, terms and conditions, and relationship profitability to provide high quality credit approval to Corporate Banking, Investment Banking, Global Markets, and Treasury

Exercises Delegated Approval Authority using sound judgment and expertise to make approval decisions for the business including new lending limits, structuring and negotiating deal terms, credit worthiness, annual reviews and renewals, risk ratings, and breach actions

Acts as a senior coverage team resource supporting ongoing credit matters and asset quality, maintaining adherence to the bank's risk appetite and risk strategies to mitigate losses while identifying opportunities to responsibly growing the loan portfolio

Leads new credit originations in coordination and collaboration with the coverage teams including Relationship Managers, Risk, Syndications, Treasury, and all other product partners

Negotiates and structures legal documentation related to loans and derivatives

Establishes appropriate internal risk ratings for clients and implements accurate adjustments throughout the client's credit life cycle

Trains, coaches, and mentors Credit Analysts and Associates

Required Qualifications

9+ years Corporate / Commercial credit experience

Strong understanding of accounting and corporate finance

Strong understanding of legal credit agreements

Strong knowledge of ancillary bank products (treasury, cash management, derivatives)

Strong business writing skills

Ability to coach junior teammates

Desired Qualifications

Specific experience within Technology, Media, Telecom & Gaming industries

Bachelor's Degree in Finance or related

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

Pay Transparency

US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and Benefits

Pay range : $125,000.00 - $258,700.00 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.

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