Job Description:

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.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

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 performing risk assessment and repayment capacity analysis (i.e., financial, borrower, industry, etc.) and preparing transaction justification for moderately complex/complex transactions with limited oversight. Key responsibilities include documenting credit analysis, independently assessing historic and projected borrower financial information, evaluating adherence to policy and procedure, providing loan structure analysis and recommendations, and monitoring portfolio performance.

Responsibilities:

Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facilityPartners with Credit Officers, Relationship Management, and Risk teammates to assess and deliver credit solutionsMonitors the client's operating performance and financial condition, proactively identifying issues and opportunitiesDelivers financial modeling, loan structure, industry, economic, and other analysis to team members to support the loan decision-making processEnsures adherence to credit policies, guidelines, procedures, and applicable regulatory requirementsAnalyzing new prospects for credit quality and ABL potential, including financials and projectionsEvaluate collateral from a broad spectrum of industries for suitability for asset-based facilities.Assist in negotiation of term sheets and credit agreements with prospective clients.Prepare internal documentation to evaluate new opportunities to include pre-screens and final approval documentation.Work closely with risk management on approvals; present borrower and structure to risk committee in order to secure deal approvalWork with outside counsel and other third parties, including appraisers and field examiners, to document and close transactions

Required Qualifications:

7+ years’ experience credit, underwriting, and structuring of corporate lending transactions.Deep knowledge of and ability to work with Legal Documentation (commitment papers, term sheets, credit agreements, intercreditor agreements, etc.)Able to establish and maintain collaborative partnerships with both internal and external clients.Demonstrates strong team-minded behavior; can work constructively to create win-win solutions that build trust.Demonstrates deep and broad business acumen - a strong businessperson with credit and technical skills.Easily navigates multiple client and support organizations; able to engage and gather resources through various business partners in order to achieve successful outcomes.

Desired Qualifications:

10+ years asset-based experienceFamiliarity with asset-based lending across broad industries, including specific sector risks and nuancesBA/BS Degree with concentration in Finance, Accounting or related

Skills:

Attention to DetailCredit and Risk AssessmentFinancial AnalysisUnderwritingWritten CommunicationsAnalytical ThinkingCredit Documentation RequirementsFinancial Forecasting and ModelingRecording/Organizing InformationBusiness AcumenCollaborationCollateral ManagementLoan StructuringPrioritization

Shift:

1st shift (United States of America)

Hours Per Week: 

40