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About the Role

This role is responsible for managing, monitoring, and documenting credit risk for a portfolio primarily consisting of financial institutions clients. Key responsibilities include monitoring changes in credit profiles, ensuring compliance with credit agreements, and structuring and underwriting new financing solutions across the Global Banking and Markets product spectrum. As a member of the credit team within the first line, job expectations also include driving business growth initiatives sustainably while assessing risk solutions that adhere to the bank's risk appetite and 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.
Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
Assesses talent and builds bench strength for roles across the organization.
Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

Requirements

Managing, monitoring, and documenting credit risk for a portfolio mostly consisting of financial institutions clients.
Monitoring changes in credit profiles.
Ensuring compliance with credit agreements.
Structuring and underwriting new financing solutions across the Global Banking and Markets product spectrum.
Driving business growth initiatives in a sustainable manner.
Assessing risk solutions which adhere to the bank's risk appetite and risk strategies.
Coaching and leading team members.

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

Location

Office-based

Work Type

In-office
Full-time

Experience Level

Senior

Benefits

Competitive benefits to support their physical, emotional, and financial well-being.

About the Company

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.
Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world.
We’re devoted to being a diverse and inclusive workplace for everyone.
We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees.
We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference.
Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve.
Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates.
Opportunity and Inclusion Each employee brings unique skills, background and opinions.
We see opportunity and inclusion as our platform for innovation and a key component in our success.
Our Values Learn about our four values that represent what we believe.

Equal Opportunity

We’re devoted to being a diverse and inclusive workplace for everyone.